Gold price drops from daily highs as better global risk sentiment diminishes safe-haven demand. A dip in US Treasury yields places additional pressure on the US...
The US Dollar undergoes some profit taking ahead of a very light day in the economic calendar. Markets embrace Fed Chairman Powell hawkish remarks and change...
Here is what you need to know on Wednesday, April 17: The US Dollar holds steady against its major rivals after ending Tuesday on a bullish...
EUR/GBP moves negatively after paring intraday gains amid mixed UK inflation figures. UK CPI MoM remained stable 0.6% increase in March, while the YoY index increased...
Australian Dollar recovers recent losses on improved market sentiment on Wednesday. Australian labor data for March are scheduled to be released on Thursday. US Dollar Index...
Following the conclusion of the fourth meeting of the Financial Working Group between China and the US in Washington on Wednesday, the Chinese Finance Ministry said...
USD/CAD retreats from a five-month high of 1.3846 reached on Tuesday. The decline in crude Oil prices might have contributed to undermining the Canadian Dollar. Fed...
EUR/USD remains on the defensive around 1.0615 in Wednesday’s early Asian session. Fed’s Powell said it’s appropriate to allow restrictive policy to continue to work, given...
National Security Advisor Jake Sullivan said in a statement late Tuesday that new sanctions targeting Iran and sanctions against entities supporting the Islamic Revolutionary Guard Corps and Iran’s...
The US Dollar enters a fifth straight day of gains, though could be set to snap it under some easing. Markets are awaiting a change in...
AUD/JPY edges lower on risk aversion as traders expect Israel to respond to Iran’s assault. Australian Dollar faced challenges amid apprehensions that the RBA may ease...
Here is what you need to know on Tuesday, April 16: The US Dollar (USD) continues to gather strength early Tuesday after outperforming its major rivals...
NZD/USD extends its losing streak as traders adopt cautious stance amid anticipation of Israel’s response to Iran’s assault. US Retail Sales (MoM) rose by 0.7% in...
EUR/USD extends its losing streak as the Fed is expected to maintain higher interest rates for an extended period. US Retail Sales (MoM) experienced a 0.7%...
Here is what you need to know on Monday, April 15: Growing expectations for a delay in the Federal Reserve’s (Fed) policy pivot and escalating geopolitical...
Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East. Australian currency could face challenges following the lower ASX 200 Index. US Dollar receives...
EUR/USD attempts to recover from five-month lows amid escalated Middle-East tension. Iran launched explosive drones and missiles at Israel late Saturday. The pair received downward pressure...
The US Dollar locks in gains for this Friday and this week, trading at the strongest level since early-November. Traders are pushing the Greenback higher while...
Here is what you need to know on Friday, April 12: The US Dollar (USD) gathers strength against its major rivals in the European session on...
GBP/USD remains on the defensive around 1.2550 in Friday’s early Asian session. The US Producer Price Index (PPI) increased by 2.1% YoY in March, missing the...