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,...
Share: The USD/CHF is navigating towards the 0.8515 level, registering a modest gain of 0.3% after jumping to a daily high of 0.8555. The US JOLTs Job...
Share: EUR/USD pares gains amid upbeat US Dollar. German Unemployment Change reduced to 5K from 22K prior. The seasonally adjusted Unemployment Rate remained consistent at 5.9%....
Share: GBP/USD halts its losing streak while US Dollar stays calm after a recent surge. IMF Managing Director Kristalina Georgieva expects policy rates to be reduced...
Share: NZD/USD attracts some buyers around 0.6256, adding 0.08% on the day. The FOMC signaled around three 25 basis points (bps) rate cuts in 2024. China’s...
Share: USD/JPY trades in positive territory for two straight days on Wednesday. The US final Manufacturing PMI for December came in weaker than expected, easing from...
Share: GBP/USD seems to hold its position above 1.2730 on the hawkish stance of BoE. MACD suggests a transition to a bearish market sentiment. A breach...
Share: EUR/USD drifts lower to 1.1028 amid the rebound of the USD. EUR/USD maintains the bearish outlook above the key EMA; RSI indicator stands in bearish territory...
Share: Australian Dollar remains slightly weak as the US Dollar continues to gain ground. Australian currency declined by 0.06% against the Greenback in 2023. China’s Caixin...