Share: NZD/USD loses traction near 0.5925 amid the USD demand. US Durable Goods Orders for July came in below expectation, while unemployment claims below estimates. All...
Share: NZD/USD trades lower around 0.5920 attributed to upbeat US employment data. US Dollar (USD) remains supported by the possibility of the Fed’s hawkish stance. US...
Share: GBP/USD risks a deeper pullback in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key...
Share: The index surpasses the 104.00 hurdle to print new highs. Chair Powell will speak later at the Jackson Hole Symposium. Final Michigan Consumer Sentiment takes...
Share: Euro manages to rebound from 1.0770 vs. the US Dollar. Stocks in Europe maintain the positive mood. EUR/USD approaches the 1.0900 barrier ahead of Jackson Hole....
Share: AUD/USD fell more than 0.50%, to a daily low near 0.6380. Jerome Powell opened the door to another hike in this tightening cycle. Rising US yields...
Share: Powell’s hawkish tone on inflation and potential for further rate hikes propels USD/CAD to a three-month high of 1.3640, currently trading at 1.3613. Philadelphia Fed’s...
Share: Powell’s hawkish tone on inflation and rate hikes sends USD/JPY whipsawing, eyeing a test of the year-to-date high of 146.56. Despite signs of disinflation, Powell...
Share: Powell warns inflation remains “too high,” signaling potential for more aggressive rate hikes to bring it down to 2%. Despite two months of positive data,...
Share: EUR/USD bounces off lows around the 1.0770 zone. The continuation of the decline could see 1.0630 retested. EUR/USD remains under pressure and wobbles round 1.0800...
Share: DXY finally surpasses 104.00 and prints new two-month tops. Immediately to the upside emerges the 104.70 zone. DXY picks up pace and advances to fresh...
Share: GBP/USD falls 0.18%, as concerns over global business activity and China’s real estate market woes fuel a risk-off environment. US Dollar Index (DXY) advances 0.19%...
Share: The EUR/USD fell below the 200-day SMA of 1.0800 towards the 1.0795 area to close the week. The Euro tallied a fourth consecutive weekly loss against...
Share: Following Fed Chair Powell’s speech, the focus for the next week will shift back to economic data. The job market indicators (including NFP) and inflation...
Share: NZD/USD fell to its lowest point since November 2022, below 0.5900 then settled back above. US yields rose after Powell’s words at the Jackson Hole...
Share: NZD/USD remains under selling pressure near a monthly low of around 0.5907. The Federal Reserve (Fed) Chairman Jerome Powell stated that they are preparing to...
Share: USD/CHF holds below the mid-0.8800s after retreating from a multi-week high of 0.8876. Fed Chairman Jerome Powell said they are prepared to raise interest rates...
Share: Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest EUR/USD could slip back to the 1.0730 region in the near...
Share: The Euro picks up further pace above 1.0800 against the US Dollar. Stocks in Europe maintain the optimism at the beginning of the week. The USD...
Share: DXY trims part of the recent two-day advance. Bulls remain focused on the May high in the 104.70 zone. DXY comes under pressure and confronts...