The US Dollar falls slightly after a risk-on move overnight. Markets will be focused on US data and the ECB rate decision. The US Dollar Index...
AUD/JPY extends gains as Australia’s Trade Surplus widens amid lower imports. Australia’s Trade Balance rose to A$ 6,548 million MoM in May, surpassing the expected A$...
The Japanese Yen appreciates due to improved risk sentiment. Japan’s 10-year bond yield fell below 1% for the first time in two weeks. The depreciation of...
WTI price appreciates as US mixed data fuel rate cut speculations by the Fed. A Reuters poll has indicated that nearly two-thirds of economists now predict...
The Australian Dollar rises as the Aussie Trade Surplus widens in May. The Australian Bureau of Statistics reported a Trade Balance figure of 6,548 million MoM...
EUR/USD snaps the two-day losing streak near 1.0875 in Thursday’s early Asian session. The ECB is expected to cut interest rates for the first time in...
GBP/USD holds positive ground around 1.2790 amid the firmer USD on Thursday. The ISM said on Wednesday that its US Services PMI rebounded to 53.8% in...
The US Dollar near session high after ISM beat. Markets are supporting the Greenback for a second day despite another softer-than-expected JOLTS data on Tuesday. The...
Here is what you need to know on Wednesday, June 5: Following the sharp decline seen on Monday, the US Dollar (USD) Index edged slightly higher...
NZD/USD gains ground due to an increase in export volumes and a strong rebound in the Terms of Trade in Q1. The New Zealand Dollar received...
The Japanese Yen depreciates as investors adopt caution ahead of the US ADP Employment Change and ISM Services PMI. JPY could find support as Labor Cash...
Indian Rupee (INR) trades on a stronger note on Wednesday. Lower oil prices and optimism about foreign fund inflows support the INR after facing the uncertainty...
The Australian Dollar appreciates after the release of the lower-than-expected GDP data on Wednesday. Australia’s GDP grew 0.1% QoQ in the first quarter, falling short of...
USD/JPY edges higher to 155.30 on Wednesday, up 0.28% on the day. Japan’s Labor Cash Earnings rose 2.1% YoY in April, compared to a 1.0% increase...
The Reserve Bank of Australia (RBA) Governor Michele Bullock said on Wednesday that she expects Q1 GDP growth to be quite low. Bullock further stated that the...
Here is what you need to know on Tuesday, June 4: The US Dollar (USD) holds steady against its major rivals early Tuesday after suffering large...
Indian Rupee trades with mild negative bias on Tuesday. The cautious mood ahead of India’s general election results and key US data weighs on the INR. ...
WTI price lost ground as OPEC+ intends to phase out production cuts of 2.2 million barrels per day over 2025. The US is purchasing an additional...
The US Dollar trades mixed against its major peers on Monday. Markets are in a positive tone after a quiet weekend on the geopolitical front. The...
EUR/GBP appreciates as Eurozone Manufacturing PMI increased to 47.3 in May, the highest reading since March 2023. ECB is expected to deliver a 25-basis point rate...