The US Dollar jigswas back into green numbers. Markets are licking their wounds, with most equity indices in the red across the globe. The US Dollar...
AUD/JPY lost ground as Adachi highlighted the need to reduce bond-buying in stages. The risk aversion sentiment contributed to the downside of the Australian Dollar. Australia’s...
NZD/USD extends losses as Fed’s Neel Kashkari stated that a rate hike might still be possible. The higher US Treasury yields contributed support for the US...
The Australian Dollar appreciated after the higher-than-expected consumer inflation was released on Wednesday. Australia’s Monthly Consumer Price Index rose 3.6% YoY in April, surpassing the expected readings...
The Japanese Yen struggled as BoJ’s Seiji Adachi emphasized the potential consequences of frequent changes in monetary policy. The emergence of risk aversion has supported the...
The Indian Rupee (INR) trades in negative territory for the third consecutive day on Wednesday. The combination of a firmer USD, the Fed’s hawkish comments, and...
USD/CAD appreciates after Fed’s Neel Kashkari suggested that a rate hike might still be possible. The US Dollar gained ground due to the appreciation in the...
Gold price edges lower on Wednesday on the modest USD recovery. The Fed’s hawkish comments and stronger US data support the USD, weighing the precious metal. ...
The US Dollar extends its decline on Tuesday with US markets coming out of a long weekend. All eyes are on Fed speakers and chunky Treasury...
The Japanese Yen struggled after Japan’s Weighted Median Inflation Index showed a slowdown. Japan’s Corporate Service Price Index posted a reading of 2.8% YoY in April, marking its...
Here is what you need to know on Tuesday, May 28: The US Dollar (USD) is having a hard time finding demand early Tuesday after weakening...
The Australian Dollar continues to gain ground due to improved risk appetite. Australia’s Retail Sales grew 0.1% in April, against the expected 0.2% and the previous...
WTI Oil price appreciates ahead of OPEC+ meeting, where the group will discuss extending voluntary output cuts. An Israeli strike in the Gazan city of Rafah...
Gold price gains momentum in Tuesday’s early Asian session. The weaker USD and ongoing Middle East geopolitical tensions support the precious metal. Traders will monitor the...
Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.1% MoM in April from the previous reading of a 0.4% decline, according to the...
GBP/USD trades with mild positive bias near 1.2770 in Tuesday’s early Asian session. Traders lower their bets on interest rate cuts by the Fed amid strong US data...
The US Dollar index (DXY) saw a bearish weekly close on Friday night. US markets are closed due to the Memorial Day holiday on Monday. The...
NZD/USD remains stronger amid a softer US Dollar on Monday. The US Dollar lost ground after the 10-year US Treasury yield depreciated on Friday. The New...
The Japanese Yen gained ground amid improved risk appetite on Monday. BoJ Governor Kazuo Ueda said there is a need to re-anchor inflation expectations at the...
Gold price gains ground in Monday’s Asian session. The uptick in yellow metal is supported by the weaker USD and rising Middle East geopolitical risks. ...