The Australian Dollar remains solid near nine-month high of 0.6839 as RBA is expected to maintain current rates at 4.35%. The ANZ-Roy Morgan Australia Consumer Confidence...
The US Dollar trades in the green at the start of the US trading session. European PMIs collapsed in September, while US PMI’s are holding up...
USD/CAD holds ground amid improved US Treasury yields on Monday. CME FedWatch Tool suggests a 50% chance of a 50 basis point Fed rate cut by...
The Australian Dollar receives support from the hawkish sentiment surrounding the upcoming RBA monetary policy decision. The AUD could have received support as the PBoC injected...
GBP/USD trades on a softer note near 1.3310 in Monday’s Asian session. Rising bet on further Fed rate cuts later this year might undermine the US...
Federal Reserve (Fed) Bank of Philadelphia Patrick Harker said on Friday that the US central bank has efficiently navigated a challenging economy over the past few...
Here is what you need to know on Friday, July 26: Following the mixed action seen in financial markets on Thursday, investors cling to a cautious...
The Australian Dollar improves on price recovery of commodities like coal and copper. PBOC’s unexpected lending rate cuts lead to higher commodities prices. The US Dollar...
Key points IBM stock was up some 6% Thursday after a solid Q2 earnings report Big Blue was in the black on Thursday as IBM (NYSE:IBM)...
EUR/JPY remains steady after the release of the softer inflation data on Friday. The Tokyo CPI increased by 2.2% YoY in July, slightly down from the...
The Japanese Yen gains ground after the release of the Tokyo CPI data on Friday. The JPY’s downside may be limited as traders may continue unwinding...
Japan’s top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, said on Friday that foreign exchange (FX) volatility has negative effects on the Japanese...
USD/CAD trades in negative territory around 1.3815 in Friday’s Asian session. Economic activity in the US was stronger than expected during the second quarter. The growing...
NZD/USD weakens near 0.5890 in Friday’s early Asian session. The US GDP expanded at a 2.8% annualized pace in Q2, above the 2.1% forecast. Disappointed Chinese...
The Australian Dollar depreciates due to the stark decline in prices of prices of oil, iron ore, and copper. The AUD faced challenges as recent PMI...
EUR/USD weakens near 1.0835 in Wednesday’s early Asian session. ECB’s Guindos hinted at a possible interest rate cut in September. US S&P Global Manufacturing PMI dropped...
USD/JPY remains on the defensive near 153.70 in Thursday’s early Asian session. A higher chance of a BoJ rate hike might support the JPY in the...
USD/CHF edges lower to 0.8905 in Wednesday’s early European session. Financial markets expect two or potentially three rate cuts this year, with the first rate cut...
The Australian Dollar continues to lose ground due to the stark decline in prices of Iron Ore. Australia’s Composite PMI declined to 50.2 in July from...
NZD/USD weakens around 0.5945 in Wednesday’s early Asian session, down 0.25% on the day. Rising expectations of RBNZ rate cuts and sluggish Chinese economic activity exert...