Share: USD/CAD gains ground near 1.3435 on the rebound In US Dollar. The FOMC kept rates on hold at 5.25%–5.50% at its January meeting on Wednesday,...
Share: GBP/USD sees a downturn, trading between 1.2660 and 1.2690, after Fed maintains rates and Chair Powell downplays immediate rate cut prospects. Powell’s remarks indicate rate...
Share: GBP/USD rebounds from a low, as subdued US employment figures influence Fed rate decision expectations. ADP employment growth slows and the Employment Cost Index falls...
Share: Here is what you need to know on Wednesday, January 31: Following the choppy action seen earlier in the week, the US Dollar (USD) stays...
Share: Australian Dollar depreciates for the second straight session on weaker inflation data from Australia. Australia’s Monthly CPI reported 3.4% in December, down from November’s 4.3%....
Share: NZD/USD loses ground as traders adopt cautious stance ahead of Fed decision. The risk-off sentiment provides support for the US Dollar. RBNZ’s Paul Conway pushed...
Share: EUR/USD could find immediate resistance around the major level at 1.0850. Technical analysis suggests that the pair could move toward psychological support at 1.0800. The...
Share: USD/CAD trades in negative territory for the fourth consecutive day, near 1.3410. Economists expect the first rate cut to occur in May or June, though...
Share: Australian Dollar appreciates for the second straight session amid a stable US Dollar. Australia’s Retail Sales (MoM) declined by 2.7% in December against the expected...
Share: AUD/USD trades at 0.6610 soaking in 0.50% gains, with bears struggling to seize control. Australian Retail Sales expected to decline by 3.5% MoM. Hawkish bets...
Share: EUR/USD falls 0.39%, weighed down by ECB remarks and anticipation of the FOMC meeting. ECB’s potential policy shift hints prompt Euro decline in forex market....
Share: EUR/USD marks losses as traders adopt cautious stance as Middle East tension heightens. ECB’s Guindos stated that policy easing will be considered if inflation aligns...
Share: NZD/USD gains ground as China attempts to stabilize its money market. Kiwi Trade Balance NZD (YoY) improved to $-13.57B from $-13.90B prior. Fed is highly...
Share: USD/CHF loses ground on risk aversion sentiment. US Dollar remains stable despite downbeat US bond yields. Market expects that the Fed will initiate a rate-cut...
Share: NZD/USD kicks off the new week on a positive note around 0.6107. The markets expect the Federal Reserve (Fed) to maintain monetary policy unchanged on...
Share: Australian Dollar moves on an upward trajectory during a risk aversion sentiment. Australia’s Retail Sales (MoM) is expected to decline by 0.7% in December from...
Share: GBP/USD stable in mid-North American session post US data, with soft inflation boosting rate cut expectations. US PCE Index shows steady headline inflation at 2.6%;...
Share: EUR/USD rises in North American trading, buoyed by softer US core PCE inflation data. Fed’s core PCE index fall to 2.9% raises hopes for interest...
Share: USD/CAD grapples to find a direct after registering losses on Thursday. The 23.6% Fibonacci retracement at 1.3455 and the major level at 1.3450 could act...
Share: Australian Dollar could gain ground on bullish momentum. Australia’s Dollar cheered the improved prices of copper and iron. US Dollar could extend its gains following...