Share: Gold price trades higher despite firmer US Dollar (USD). Upbeat US Treasury yields support the Greenback’s run-up. China-linked fear weighs on the price of bright...
Share: EUR/USD weakened due to the hawkish tone surrounding the US Fed. Momentum indicators suggest that the pair remains to be fragile in the short term. Weekly...
Share: During the Asian session, the focus will be on trade data from Australia and China. Additionally, New Zealand will report Q2 Manufacturing Sales. RBA Governor...
Share: EUR/USD trades neutral at the 1.0725 level, with mild gains. US and German yields are sharply rising, contributing to the strength of both currencies. The...
Share: AUD/USD traded in the 0.6360 – 0.6400 range on Wednesday. USD gained momentum after ISM Service PMIs and the Fed’s Beige Book releases. The odds of...
Share: USD/CHF rose to monthly highs since July, towards 0.8920. ISM Services PMI from the US rose sharply in August. Hawkish bets on the Fed and...
Share: The NZD/USD cleared daily gains and retreated to 0.5870. The US ISM Services PMI unexpectedly accelerated in August and shows a resilient US economy. Attention...
Share: USD/JPY recovers ground after the US ISM Non-Manufacturing PMI for August beats expectations, coming in at 54.5 versus the anticipated 52.5. US Treasury bond yields...
Share: AUD/USD consolidates after Australia’s upbeat GDP data. Momentum indicators suggest that the pair remains to be bearish in the short term. The region near 0.6350...
Share: NZD/USD trades lower around 0.5860 due to firmer US Dollar (USD). Upbeat US Treasury yields underpin the strength of the Greenback. China’s downbeat economic data...
Share: USD/CHF extends its upside near 0.8895 amid the strong USD and higher Treasury yield. July US Factory Orders came in at -2.1% MoM, below the...
Share: Important economic events for the day include the release of Australia’s Q2 GDP numbers. German Factory Orders and Eurozone Retail Sales data are due. The...
Share: EUR/JPY bears are presenting a battle to the bulls at the 20-day SMA, with the buyers struggling to consolidate above. The daily chart flashes bullish...
Share: EUR/USD pair fell to 1.0726, down 0.63%, as the Eurozone Producer Price Index and PMI data weakened than expected, signaling a slowing economy. Despite a...
Share: USD/JPY pair reaches a 10-month high of 147.70, driven by risk aversion and a surge in US 10-year Treasury bond yields to 4.261%. Despite positive...
Share: DXY accelerates gains to multi-week highs past 104.80. Further gains could see the 105.00 barrier revisited. DXY rapidly leaves behind Monday’s small downtick and resumes...
Share: The Euro resumes its decline vs. the US Dollar. Stocks in Europe open Tuesday’s session in the red. EUR/USD challenges the 1.0750 region, or multi-week...
Share: UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest further downside could drag EUR/USD to the 1.0720 region in the next...
Share: EUR/USD pair gains a modest 0.19% to trade at 1.0792, as US markets remain closed for Labor Day and ECB President Lagarde’s comments fail to...
Share: China’s measures to boost its property market initially lifted investor sentiment. Traders price in a less aggressive Federal Reserve; first-rate cut expected in May. The...