Investors are awaiting US/China inflation data for fresh cues. The absence of follow-up buying after a Double Bottom formation indicates a lack of strength in the...
What you need to take care of on Wednesday, January 11: The FX board saw little action on Tuesday amid a scarce macroeconomic calendar and as...
EUR/USD sees around seven-month high, steadies off late. Cautious mood ahead of this week’s key catalysts probe EUR/USD traders. Upbeat EU data jostles with hawkish Fedspeak...
USD/JPY extends two-day downtrend even after mixed Tokyo inflation figures. Tokyo Consumer Price Index eased below market forecasts, CPI ex Food, Energy matched upbeat expectations. Downbeat...
EUR/USD is looking to recapture 1.0760 as the overall risk profile is still positive. Only the stronger-than-projected US CPI report could avoid certain fresh lows for...
The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations showed on Monday that the US consumers’ one-year inflation expectation declined to 5% in...
GBP/USD is looking to extend the upside further as the Federal Reserve may choose a smaller interest rate hike ahead. Weaker United States Services PMI after...
Gold price grinds higher after refreshing multi-day high. China unlock, PBOC’s gold stocking underpins XAU/USD run-up. US dollar bears the burden of downbeat data, mixed Fedspeak....
US Dollar Index takes offers to refresh intraday low, extends Friday’s U-turn from one-month high. China’s reopening of national border, growth optimism at PBOC underpin risk-on...
EUR/USD is expected to extend a rally above 1.0650 on less-hawkish Fed bets. A sheer drop in US Average Hourly Earnings will be added to the...
GBP/USD has sensed selling pressure around 1.1930 amid a recovery in the US Dollar Index. A recovery in the risk-on profile is getting faded as investors...
USD/JPY has rebounded after dropping below 132.00 as investors have shifted their stance to a risk-off mood. Upbeat US payroll data would serve as a reason...
USD/JPY is expected to resume its north-side journey despite the risk-on market mood. Further policy easing by the BOJ to support wage growth is impacting the...
The Federal Open Market Committee released the minutes of the December 14-15 meeting, spurring little action across the FX board. The US Dollar was little changed...
Last year global stocks had their worst year since 2008. World stock market capitalization fell nearly 20% which, in recent history, was only eclipsed by the...
Japanese Prime Minister Fumio Kishida said on Wednesday that he “would like to ask firms to achieve a wage hike that exceeds the rate of inflation.”...
USD/CHF is displaying a lackluster performance ahead of FOMC minutes and Swiss CPI. The Swiss franc asset has shifted comfortably above the 50-EMA around 0.9287. A...
AUD/USD is struggling to remain above the immediate hurdle of 0.6720 as investors await FOMC minutes. Higher wage inflation could be a roadblock for the Fed...
What you need to take care of on Wednesday, January 4: The US Dollar returned with a vengeance on Tuesday and soared against all of its...
Inflation in Germany declined at a stronger pace than expected in December. EUR/USD continues to trade deep in negative territory below 1.0550. Inflation in Germany, as...