The NZD/USD climbed to fresh highs since December. The RSI stands deep in positive area and the MACD shows rising green bars supporting an overall bullish...
NZD/USD depreciates due to market caution ahead of August’s US Personal Consumption Expenditures Price Index data. The upside of the US Dollar could be limited due...
USD/JPY gather strength around 145.20 in Friday’s early Asian session, gaining 0.26% on the day. Tokyo CPI rose 2.2% YoY in September vs. a 2.6% rise prior....
The Japanese Yen receives downward pressure as traders expect the BoJ to delay further rate hikes. The BoJ Meeting Minutes highlighted a consensus among members on...
The Australian Dollar gains ground as the RBA and Fed adopt different policy outlooks. The Reserve Bank of Australia is highly expected to keep interest rates...
NZD/USD trades with mild gains near 0.6260 in Thursday’s Asian session. Fed’s Kugler said she strongly supported half-point rate cut. China’s rate cuts and new stimulus...
USD/JPY loses traction around 144.60 in Thursday’s early Asian session, down 0.10% on the day. Dovish Fed and rising bets on jumbo rate reduction weigh on...
NZD/USD has marked a nine-month high of 0.6355 on Wednesday. The New Zealand Dollar gains ground as the largest export partner China has injected fresh monetary...
The Australian Dollar holds ground amid China’s fresh stimulus measures. Australia’s Monthly Consumer Price Index increased 2.7% YoY in August, falling short of expected 2.8% rise and previous...
The NZD/USD pair has risen sharply to trade at 0.6340, a 1% rise, suggesting strong buying pressure. The RSI and MACD indicators are both sharply rising,...
Australian Dollar reaches a three-month high of 0.6852 against the US Dollar on Tuesday. AUD/USD is supported by China’s stimulus measures, a weaker USD, and positive...
NZD/USD gains ground due to risk-on sentiment amid dovish Fedspeak. Minneapolis Fed President Kashkari anticipates additional rate cuts in 2024, although expects them to be smaller...
GBP/USD marked its 31-month high level of 1.3359, recorded on Monday. The US Dollar receives downward pressure due to dovish Fedspeak. UK Prime Minister Starmer has...
The Japanese Yen may struggle as the BoJ appears to be in no rush to raise interest rates. Japan’s Finance Minister Suzuki has expressed his expectation...
The Australian Dollar remains solid near nine-month high of 0.6839 as RBA is expected to maintain current rates at 4.35%. The ANZ-Roy Morgan Australia Consumer Confidence...
USD/CAD holds ground amid improved US Treasury yields on Monday. CME FedWatch Tool suggests a 50% chance of a 50 basis point Fed rate cut by...
The Australian Dollar receives support from the hawkish sentiment surrounding the upcoming RBA monetary policy decision. The AUD could have received support as the PBoC injected...
GBP/USD trades on a softer note near 1.3310 in Monday’s Asian session. Rising bet on further Fed rate cuts later this year might undermine the US...
Here is what you need to know on Friday, July 26: Following the mixed action seen in financial markets on Thursday, investors cling to a cautious...
The Australian Dollar improves on price recovery of commodities like coal and copper. PBOC’s unexpected lending rate cuts lead to higher commodities prices. The US Dollar...