Share: The US Dollar tumbled following the release of inflation data from the US. US inflation cooled to 3.2% in October, and core indicators also eased....
Share: – DXY extends the corrective move to the 105.50 zone. – The loss of 105.00 exposes a move to the 104.85 level. DXY retreats for...
Share: The Euro gathers extra steam against the US Dollar. European stocks extend the weekly rebound on Tuesday. US inflation figures come next on the US docket....
Share: UOB Group’s Markets Strategist Quek Ser Leang and Economist Lee Sue Ann note further consolidation lies ahead for GBP/USD in the next few weeks. Key...
Share: In the view of UOB Group’s Markets Strategist Quek Ser Leang and Economist Lee Sue Ann, the outlook for EUR/USD now appears neutral in the...
Share: NZD/USD continues the downward trajectory for more than a week. NZD faces downward pressure as New Zealand’s Food Price Index fell 0.9% in October. Goldman Sachs...
Share: GBP/USD snaps a two-day winning streak ahead of UK data. BoE policymakers expressed fear over the deepening recession, endorsing rate cuts. US CPI is expected...
Share: Australian Dollar extends gains as the US Dollar declines for the second day. Australia’s consumer sentiment declined by 2.6% in November, compared to the previous...
Share: EUR/USD trades in positive territory for the third consecutive day on the lower Treasury bond yields. European Central Bank (ECB) Vice President Luis de Guindos...
Share: The AUD/USD jumped to 0.6375, seeing 0.30% gains The US will report US CPI figures from October on Tuesday. The Australian Consumer Confidence Index from...
Share: USD/CHF loses ground ahead of US inflation data release on Tuesday. US Dollar faces challenges despite Fed Chair Powell’s hawkish tone at IMF event. Swiss...
Share: The index trades without direction below 106.00. Further tightening by the Fed is not entirely ruled out. Investors’ attention will be on US inflation tracked...
Share: EUR/USD consolidates in a narrow trading range near 1.0685 on Monday. The pair holds above the 50- and 100-hour EMAs; the RSI indicator shows a...
Share: USD/CAD hovers above the 1.3800 psychological level on downbeat Crude oil prices. WTI prices eased on concerns about diminishing demand in US and China. US...
Share: NZD/USD weakens as RBNZ’s inflation report suggests an economic slowdown. Kiwi’s Business Services Index fell from the previous reading of 50.7 to 48.9. Downbeat Chinese...
Share: USD/JPY extends gains around 151.70 on the higher US Treasury bond yield. University of Michigan’s Consumer Sentiment Index dropped, but inflation expectations surged in November....
Share: GBP/USD strengthens ahead of inflation data from both economies. UK GDP data showed better figures than expected, suggesting to avoid a recession in 2023. Fed...
Share: Australian Dollar could continue its downward trajectory. Australia’s central bank adopted a dovish stance in their recent meeting. US Dollar seems lukewarm, despite the positive tone...
Share: EUR/USD gains traction for the second consecutive day Fed Chair Powell said that if it’s appropriate to tighten policy further, the central bank will not...
Share: GBP/USD continues its downward trend, dropping 0.16% despite the UK GDP narrowly avoiding a contraction in Q3. The Bank of England’s cautious stance mirrors the...