Share: NZD/USD continues its winning streak on a risk-on-market mood. Atlanta Fed President Raphael Bostic expects 50 bps rate cuts by the end of 2024. Chinese...
Share: Australian Dollar continues its winning streak on the softer US Dollar. Australian Retail Sales increased to 2.0% from the previous 0.2% decline. Improved risk appetite...
Share: USD/JPY’s 0.33% decline influenced by falling US bond yields and a weaker USD, as market anticipates US inflation report. Technical analysis shows bearish trend under...
Share: FX option expiries for January 8 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0875 400m 1.0950 645m 1.0975 406m – USD/JPY: USD...
Share: NZD/USD consolidates as the US Dollar remains stable. A break above the nine-day EMA at 0.6261 could lead the pair to approach the 0.6300 psychological...
Share: Australian Dollar improves on subdued US Dollar. Australian Retail Sales is anticipated to increase by 1.2% against the previous decline of 0.2%. Chinese wealth manager...
Share: EUR/USD holds positive ground near 1.0948 despite the rebound of USD. US Nonfarm Payrolls (NFP) increased by 216,000 jobs in December from 173,000 in November....
Share: AUD/USD trades weaker around 0.6712 amid the USD rebound. US Nonfarm Payrolls rose 216K, beating expectations; the Unemployment Rate was unchanged at 3.7%. Fed funds...
Share: The NZD/USD trend upwards, trading near the 0.6250 level. Following mixed economic data, market dovish expectations for the Federal Reserve policy intensified Next week, the...
Share: EUR/USD climbs to 1.0960, buoyed by solid US jobs report and sharp slowdown in ISM Services PMI. Eurozone inflation eases, sparking speculation about potential ECB...
Share: Here is what you need to know on Friday, January 5: Following Thursday’s indecisive action, the US Dollar (USD) started to gather strength against its...
Share: Australian Dollar faced challenges due to risk-off sentiment and softer commodity prices. Australian PMI data indicated a contraction in business activities. US ADP Employment Change added 164K...
Share: GBP/USD gains ground as the US Dollar moves in the negative territory. Low-impact upbeat UK data might have reinforced the strength of the British Pound....
Share: The greenback appears to have taken a break following the strong start of the new trading year on Thursday. In the upcoming Asian trading hours,...
Share: The USD/JPY soared to the 147.70 level, rallying 1%. US Jobless Claims for the week ending on December 30 reported lower at 202K, beating expectations. US ADP...
Share: Australian Dollar faced challenges on risk-off mood and bearish commodity prices. Australian Services and Composite PMI reduced to 47.1 and 46.9, respectively, in December. China Services...
Share: USD/CAD receives downward pressure as Crude oil prices improve. WTI price gains ground on the heightened situation in the Red Sea. US Dollar might have...
Share: NZD/USD loses traction around 0.6242 amid the firmer USD. China’s Caixin Services PMI rose to 52.9 in December vs. 51.5 prior, better than expected. The...
Share: GBP/USD clings to mild losses near 1.2665 on the firmer USD. Richmond Fed Barkin said the potential for additional rate hikes remains on the table....
Share: The beginning of the new trading year continued to see the greenback on the positive foot. Moving forward, Asian markets should closely follow the Chinese calendar,...