Share: – EUR/USD extends the trade in the upper end of the range near 1.0880 . – Next on the upside emerges the weekly top...
Share: The Euro resumes the upside against the US Dollar. European stocks keep the positive bias so far on Friday. EMU final CPI matched the preliminary prints in...
Share: USD/JPY falls below the key 150.00 level, trading at 149.76, down 0.64% amidst a shift in market sentiment. US housing data shows resilience with Building...
Share: Further consolidation appears in store for USD/JPY in the next few weeks, argue Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB...
Share: In the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, the upward bias could lose traction if GBP/USD...
Share: The continuation of the upside momentum could lift EUR/USD to the 1.0945 level in the near term, comment Economist Lee Sue Ann and Markets Strategist...
Share: EUR/USD oscillates in a narrow trading band around the mid-1.0800s on Friday. The pair holds above the 50- and 100-hour EMA; RSI indicator is located...
Share: USD/CHF faced challenges on concerns over China’s property sector. Swiss Franc could gain ground on prevailing risk-off sentiment. Upbeat US jobless claims data seem ineffective...
Share: USD/CAD attracts some sellers around the mid-1.3700s on Friday. US weekly Initial Claims rose by 231,000, the highest level in nearly three months. House sales...
Share: GBP/USD losses ground despite stronger US jobless claims data. US Initial Jobless Claims rose to 231K compared to the expected 220K. Pound Sterling faced a...
Share: Australian Dollar faces challenges due to risk-off sentiment. Australia’s Employment Change report failed to support the AUD. US Initial Jobless Claims reached 231K the highest...
Share: – DXY adds to Wednesday’s recovery and revisits the mid-104.00s. – The resumption of the selling pressure initially targets 103.98. DXY manages to pick up...
Share: EUR/USD lose ground near 1.0835 on the firmer USD. The markets believe that the Federal Reserve (Fed) is done with hiking cycle. Eurozone Industrial Production...
Share: Australian Dollar snaps a winning streak despite a solid increase in new jobs in the country. Australia’s Employment Change increased to 55K in October; the...
Share: NZD/USD trades in positive territory for three straight days on Thursday. House prices in New Zealand dropped marginally in October, while sales activity has been...
Share: The critical event of the Asian session will be the Australian employment report. China will release the House Price Index. Later in the day, reports...
Share: The sharp sell-off in the index meets some support near 104.00. Investors now see the Fed reducing its rates in the summer 2024. Producer Prices,...
Share: EUR/USD remains capped below the 1.0900 barrier on Wednesday. The pair holds above the 50- and 100-hour EMAs with the overbought RSI condition. The immediate...
Share: USD/JPY experiences challenges on weaker Japan’s economic data. Japan’s GDP declined by 0.5% in Q3 against the previous growth of 1.2%. Japanese Economy Minister Yasutoshi Nishimura...
Share: GBP/USD recorded a notable surge of 1.79% in the last trading session. US CPI eased at 3.2% from 3.7%; Core CPI rose 0.2% against the...