Share: In a shortened week, the US Dollar posted losses again. Next week, the key report in the US will be the Core PCE. Consumer inflation...
Share: USD/JPY shows minimal change, indicating a stable weekly close. The weekly chart suggests an upward trend with resistance at Tenkan-Sen (149.53); a break above could...
Share: AUD/USD rallies near 0.6600, continuing its upward trajectory on the back of a buoyant market mood. Mixed US economic reports fuel speculation of a potential...
Share: The Euro extends the consolidative theme against the US Dollar. European stocks open Friday’s session in a mixed tone. Final Q3 GDP figures in Germany...
Share: The index extends the consolidative theme near 103.70. Low volatility should persist following the Thanksgiving Day holiday. Advanced Manufacturing and Services PMIs are next on...
Share: EUR/USD loses ground as US Dollar attempts to rebound. Technical indicators suggest revisiting the major level at 1.0950 near the three-month high. The nine-day EMA...
Share: USD/CAD extends gains ahead of Canada’s Retail Sales release. The recovery in Crude oil prices could support the Canadian Dollar. US S&P Global PMI data...
Share: Australian Dollar could extend gains on the hawkish tone of RBA Governor Bullock. Australia’s chief policymaker highlighted that the inflation challenge is fueled by domestic demand. US...
Share: EUR/USD holds above 1.0900 on the upbeat Eurozone PMI data. Eurozone Manufacturing PMI climbed to a six-month high of 43.8 vs. 43.1 prior, Services PMI...
Share: USD/JPY trades in a narrow range after recovering from a weekly low of 147.15. Mixed global stock performance and Japanese data to provide fresh impetus...
Share: USD/CAD weakens due to the likelihood of no more rate hikes by the Fed. Downbeat Crude oil prices could limit the advances of the Canadian...
Share: USD/CAD seems biased to move downward despite the weakening in Crude oil prices. WTI prices lose ground on an unexpected delay in an upcoming OPEC+...
Share: Australian Dollar moves sideways amid mixed US economic data. Australia’s data showed a slowdown in economic activities during November. RBA Governor Bullock mentioned that policy...
Share: EUR/USD loses ground near 1.0888, gaining 0.01% on Thursday. ECB policymakers said the central bank is data-dependent, and economic data would decide if more tightening...
Share: EUR/USD is bullish despite falling to a three-day low. The daily chart portrays the formation of a bullish hammer, which could pave the way to...
Share: The preliminary November PMIs are due on Thursday, starting with Australia and then moving to Europe. US markets will be closed due to Thanksgiving Day....
Share: USD/CHF halts a losing streak on the likelihood of further policy tightening by the Fed. Nine-day EMA appears as the key barrier followed by the...
Share: NZD/USD retreats from the three-month high at 0.6086. US Dollar gains ground on improved US bond yields. Fed is open to tightening policy further if...
Share: GBP/USD attracts some sellers around 1.2525 in Wednesday’s early European session. The pair holds above the 50- and 100-hour EMA with an upward slope; the...
Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in...