Share: EUR/USD retreats from 1.0725, as Fed Chair Powell’s comments and higher bond yields strengthen the US Dollar. Powell’s hawkish shift, emphasizing the need for potentially...
Share: – DXY trades within a narrow range around 105.60 on Thursday. – The continuation of the upside momentum should retest the 106.00 zone. DXY alternates...
Share: Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group expect GBP/USD to move within a consolidative range in the next...
Share: NZD/USD trades higher as the US Dollar takes a breather. Downbeat China’s CPI had no impact on the Kiwi pair. RBNZ’s inflation report contributed to...
Share: EUR/USD moves sideways in the absence of clear directional momentum. Euro lies in positive territory after mixed Eurozone data on Wednesday. Downbeat US bond yields...
Share: During the Asian session, the Bank of Japan will release the Summary of Opinions. A critical report will be China’s inflation figures, which can impact...
Share: AUD/USD moves on a downward trajectory as the RBA delivers a dovish rate statement. RBA is concerned about the economy slowing down amid persistent inflation risks. IMF...
Share: During the Asian session, the Reserve Bank of New Zealand (RBNZ) will release the inflation expectation report for the fourth quarter. Japan will release the...
Share: EUR/USD trades at 1.0696, down by 0.20%, as negative sentiment surrounding the Eurozone’s economic outlook weighs on the Euro. Disappointing industrial production in Germany stokes...
Share: The AUD/USD declined to a low near 0.6400, seeing 1.05% losses Despite the hiking by 25 bps the AUD failed to gain momentum Indicators on...
Share: The Euro accelerate its losses against the US Dollar. European stocks en route to a negative close on Tuesday. Germany Industrial Production surprised to the downside. The...
Share: EUR/USD could revisit the eight-week high at 1.0756. Euro could gain ground as the MACD line shows divergence above the signal line. A break below...
Share: Australian Dollar remains silent below a major level ahead of the RBA interest rate decision. Australia’s central bank is expected to increase interest rates by...
Share: The key event during the Asian session will be the Reserve Bank of Australia meeting, with a rate hike expected. China will release important trade...
Share: Here is what you need to know on Monday, November 6: Financial markets started the new week in a quiet manner. After falling more than...
Share: In the view of UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, further upside could lift EUR/USD to the 1.0770...
Share: USD/CAD loses ground on the likelihood of no interest rate hike by the US Fed in December. US Dollar lost strength due to weaker US economic data...
Share: Next week is expected to be quiet regarding economic data for the US following an exhaustive week of releases. The weekly Jobless Claims on Thursday...
Share: EUR/USD gained more than 1% on Friday, rising near 1.0730. The USD, measured by the DXY index, will close with a 1.40% weekly loss. The...
Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as...