The Australian Dollar gained ground due to risk-on after softer UoM 5-year Inflation Expectation on Friday. Australian equities rose above 7,770, following gains on Wall Street...
WTI Oil price attempts to extend its gains due to a recovery in overall market risk sentiment. University of Michigan’s 5-year Consumer Inflation Expectations for May...
EUR/USD trades with mild gains near 1.0850 in Monday’s early Asian session. The stronger US data and the Fed’s hawkish stance might lift the USD and cap the pair’s upside. ECB’s Cipollone said the time...
AUD/USD kicks off the new week on a positive note around 0.6632 on Monday. The US Durable Goods Orders came in better than expected; the UoM...
The US Dollar has thrived this week, though gives up part of its weekly gains. Durable Goods revisions hurted the Greenback. The US Dollar Index trades...
USD/CAD halts its winning streak ahead of Canadian Retail Sales and US Consumer Sentiment due on Friday. The US Dollar edges lower due to a downward...
NZD/USD pares daily losses amid hawkish comments from RBNZ officials on Friday. Strong PMI data pushed US yields higher, bolstering the Greenback. The improved Kiwi Consumer...
USD/CAD holds positive ground around 1.3730 in Friday’s Asian session. The US S&P Global PMI came in better than expectations in May. The further decline of...
The Japanese Yen lost ground as Japanese CPI fell to 2.5% YoY in April from 2.7% prior. The Japanese inflation remains above the 2% target, keeping...
Gold price trades on a negative note on the stronger USD on Friday. The higher-for-longer US rate narrative weighs on the yellow metal. Investors will monitor the Fed’s Waller...
New Zealand’s Trade Balance came in at NZD $-10.11B YoY in April versus $-9.98B prior, according to the latest data released by Statistics New Zealand on...
Silver price continues to lose ground as FOMC Minutes suggest the Fed to be hawkish on policy stance. Fed policymakers are concerned as inflation has proven...
Here is what you need to know on Thursday, May 23: The US Dollar (USD) Index seems to have entered a consolidation phase early Thursday after...
EUR/USD holds its position ahead of the releases of PMI data from the Eurozone and Germany. Eurozone Manufacturing Services PMIs are expected to tick upwards slightly...
Indian Rupee trades softer on Thursday. Foreign outflows in India and the Fed’s hawkish remarks exert some selling pressure on the INR. Investors will closely monitor...
Gold price trades with a negative bias on Thursday. The hawkish stance of the FOMC minutes from last month’s meeting might cap the precious metal’s upside. Investors will focus on...
NZD/USD trades in positive territory near 0.6108 in Thursday’s Asian session. The RBNZ’s hawkish hold has boosted the Kiwi. Fed minutes offered the cautious tine, indicating worries over...
GBP/USD trades on a stronger note around 1.2720 in Thursday’s early Asian session. The FOMC Minutes showed the participants worried over the lack of progress on...
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) remained steady at 49.6 in May from 49.6 in April, the latest data published...
The Australian Dollar moves back and forth ahead of FOMC Minutes on Wednesday. RBA Minutes suggested that the board had considered raising rates in May but...