Australia’s Retail Sales, a measure of the country’s consumer spending, dropped 0.4% MoM in March from the previous reading of a 0.3% rise, according to the...
USD/CAD trades on a stronger note near 1.3665 on Tuesday. The FOMC is widely expected to hold rates steady in its current 5.25%–5.50% range on Wednesday. The further downside of...
Japan’s top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, said that he has no comment on foreign exchange (FX) intervention for now...
AUD/USD advances on improved risk sentiment and the impact of Japanese intervention on the US Dollar. US economic data shows a slight decline in the Dallas...
The US Dollar slides in Monday’s Asian session to broadly recover later in the European start. Traders are trying to keep their powder dry for the...
The Australian Dollar appreciates, propelled by an increasing hawkish sentiment surrounding the RBA. Australia’s Retail Sales could provide insight into consumer spending habits on Tuesday. The...
Indian Rupee trades in negative territory despite the weaker USD on Monday. Analysts anticipate the RBI will continue to keep its policy rate steady at 6.5%...
GBP/USD trades on a positive note around 1.2520 amid weaker USD on Monday. The recent US PCE inflation data dialed back their expectation of when the Federal Reserve...
EUR/USD gains ground 1.0710 amid the softer USD on Monday. The US PCE inflation rose by 2.7% YoY in March, compared to 2.5% prior, which was...
AUD/USD kicks off the new week on a stronger note near 0.6535. The US Personal Consumption Expenditures (PCE) Price Index climbed by 2.7% YoY in March, above the market consensus...
The WTI price depreciates on a weaker demand outlook following US GDP data released on Thursday. US Treasury Secretary Janet Yellen said that US GDP growth...
The US Dollar in the green against most major currencies on Friday. Traders are having it difficult to value the next directional move for the US...
Here is what you need to know on Friday, April 26: The Japanese Yen (JPY) stays under bearish pressure and trades at its weakest level in...
USD/CHF trades in positive territory near 0.9130 on Friday. The US economy expanded at the slowest pace in two years, below the consensus. The escalating Middle East tensions...
The Australian Dollar remains firmer due to the hawkish sentiment surrounding RBA’s rate trajectory. The Australian Dollar gains in response to the Aussie 10-year yield hitting...
Japan’s five-year bond yield rose to the highest level since April 2011 ahead of the Bank of Japan (BoJ) interest rate decision on Friday, per A Jiji. The...
GBP/USD snaps the three-day winning streak near 1.2502 in Friday’s early Asian session. The US economy grew at a slower pace of 1.6% in Q1 2024, compared to 3.4% in...
USD/CAD remains on the defensive around 1.3655 on Friday amid the weaker USD. US GDP number expanded by 1.6% on an annualized basis in Q1 2024, compared to 3.4% growth...
AUD/USD steady after a 0.33% gain Thursday, spurred by US GDP and rising inflation. Market now expects the first Fed rate cut in November, not September,...
Here is what you need to know on Thursday, April 25: The US Dollar (USD) stays under modest selling pressure on Thursday as investors gear up...