USD/CHF holds above 0.7939 support, but sustained break risks retest of 0.7900 and September’s 0.7829 yearly low. RSI remains in bearish territory, though early signs suggest...
Sterling gains as the Fed is seen delivering two cuts, while the BoE is expected to hold rates steady despite stalled disinflation. BoE’s Ramsden is confident...
USD/JPY edges lower to near 149.50 in Monday’s early Asian session. US core PCE inflation steadied at 2.9% YoY in August as expected. Expectations that the...
Core PCE inflation remains under 3%, boosting the probability of Fed rate cuts to nearly 90% into year-end. Dovish Fed voices highlight a fragile labor market,...
EUR/USD falls 0.60%, breaking key supports and extending downside momentum below the 1.1700 figure. US Initial Jobless Claims, GDP and durable goods orders highlight resilient economy,...
GBP/USD ends Thursday down 0.78%, trades below all major SMAs as it hits four week low. US macro data trims dovish Fed bets, bolstering the Dollar,...
USD/JPY softens to around 147.75 in Tuesday’s early Asian session. Fed’s Miran called for cutting the main interest rate to avert job loss. Political uncertainty in...
USD/JPY trades flat around 148.00 in Monday’s early Asian session. The US central bank delivered an expected rate cut but signaled little urgency to lower borrowing...
US Dollar bounces from three-year lows after Fed cut, supported by rising US Treasury yields late in the week. Fed officials Daly and Kashkari offered cautious...
Euro retreats as Powell signals cautious stance despite 25 bps Fed cut. US Jobless Claims dip and Philly Fed survey beats forecasts, reinforcing Dollar strength in...
GBP/USD climbs as UK inflation holds at 3.8% YoY, with core CPI declining to 3.6%. Fed expected to cut 25 bps to 4.00%–4.25%, though dissent possible...
EUR/USD is up 0.18% weekly as markets fully price a September 25-bps Fed cut. Weak sentiment, payrolls revision and rising jobless claims signal US labor market...
The Euro climbs as Nonfarm Payrolls show weak hiring, rising unemployment, and steady wage growth in August. US 2-year Treasury yield tumbles as markets fully price...
USD/CHF breaks under 50-day SMA at 0.8020, closing below 0.8000 with momentum favoring further downside. Bears eye 0.7950 and July 23 low at 0.7911, with path...
GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50. US JOLTS report shows July job openings fell sharply,...
USD/CAD gathers strength to around 1.3795 in Wednesday’s early European session. BoC is expected to cut rates in September due to sharper-than-anticipated economic contraction in Q2. ...
The US Dollar Index rises ahead of looming US economic data later in the week. Traders adopt caution due to rising concerns over Fed independence. Fed...
GBP/USD weakens to near 1.3495 in Monday’s Asian session. The Fed’s Powell opened the door to resuming interest rate cuts. Hot UK July inflation data diminish...
USD/JPY could weaken as BoJ Governor Ueda expressed optimism that conditions for another rate hike are coming into place. The US Dollar may struggle as expectations...
NZD/USD slumps to around 0.5815 in Friday’s Asian session, down 0.10% on the day. RBNZ signaled more rate reductions, weighing on the Kiwi. US Composite PMI...