US November’s Nonfarm Payrolls crushed estimates, and wages rose. The US Dollar reclaimed the 105,000 mark, underpinned by high US bond yields. RBA’s Lowe: “Australia’s inflation...
The USD/JPY retraced from daily highs of 120 pips, as the USD is being offered. USD/JPY: Daily close below the 200-DMA opens the door for a...
The index remains well on the defensive and breaks below 105.00. The continuation of the downside could drop to the August low. DXY Extends the leg...
The Pound Sterling jumped above 1.2000 as the Federal Reserve Chair, Jerome Powell, took the stance. Fed’s Powell: “Makes sense to moderate pace of interest rate...
The Euro climbed as the Federal Reserve Chair, Jerome Powell, took the stance. Fed’s Powell: “Makes sense to moderate pace of interest rate hikes.” Fed’s Powell...
The index fades part of the recent advance and revisits 106.30. The ADP report and another revision of Q3 GDP come next. Markets’ attention will also...
Mixed sentiment was no excuse for the Australian Dollar to appreciate against the US Dollar. Investors continue to assess the latest Federal Reserve hawkish commentary. Fed...
The Japanese Yen strengthened against the US Dollar amid a deteriorating mood. USD/JPY Price Analysis: Downward biased, but failure to reclaim 137.50 could exacerbate a rally...
EUR/USD bounces off Monday’s lows and resumes the upside. EMU Final Consumer Confidence came in at -23.9 in November. Germany’s flash Consumer Price Index comes next...
US Dollar got bolstered by Federal Reserve policymaker’s hawkish commentary. New York Fed John Williams expects rate cuts by 2024. Weaker retail sales in Australia and...
The Canadian dollar extended its losses amid a risk-off mood. New York Fed President Williams said the Fed could hike in 2024. Canada printed a deficit...
USD/JPY tumbled to a fresh three-month-low but rebounded towards 138.70s. A double bottom on the USD/JPY daily chart targets a rise to 145.00. USD/JPY Price Analysis:...
EUR/USD trims part of the earlier advance to the 1.0500 zone. The dollar attempts a rebound from initial multi-month lows. Lagarde notes high inflation is dampening...
The index resumes the downtrend and revisits the 105.30 region. The loss of the 200-day SMA opens the door to additional losses. DXY comes under extra...
EUR/USD comes under pressure and returns to the sub-1.0400 area. Immediately to the upside emerges the November peak at 1.0481. EUR/USD faces some selling pressure and...
USD/CAD bounces off the weekly low touched earlier this Friday, though lacks follow-through. An uptick in US bond yields revives USD demand and offers some support...
The index extends the recovery past the 106.00 hurdle. Higher US yields also prop up the upside momentum. The mood in the risk complex appears depressed...
The US Dollar stages a recovery on risk aversion spurred by the China Covid-19 crisis. USD/CAD bounced off weekly lows around 1.3300 and tested the 1.3400...
The Japanese yen weakens amid higher government bond yields. The US Dollar Index rose 0.55% in a quiet low-volume session. USD/JPY heads for weekly losses despite...
The Australian Dollar is on the defensive due to mixed sentiment. Federal Reserve: US growth risks are skewed to the downside, capping the US Dollar gains....