Share: Here is what you need to know on Monday, May 29: Following the choppy action witnessed ahead of the weekend, financial markets remained relatively calm...
Share: The index appears slightly offered just above 104.00. Biden-McCarthy reached a deal to raise the debt limit. US markets will be closed on Monday due...
Share: GBP/USD recovered from weekly lows, maintaining a position above the 1.2300 figure, while US Treasury bond yields reached their highest since March. The Core PCE,...
Share: USD/JPY leaps past the 140.00 mark, despite US economic data suggesting a potential Fed rate hike. Japanese Finance Minister Shunichi Suzuki encourages market-determined currency rates,...
Share: GBP/USD bounces off lows near 1.2300 the figure on Friday. The greenback regains composure following US data releases. UK Retail Sales surprised to the upside...
Share: DXY meets some resistance around the 104.30 region so far. Additional upside should face the key 200-day SMA near 105.70. DXY retreats for the first...
Share: EUR/USD hits a two-month low amid US debt-ceiling uncertainty and positive US economic data. Fitch places US “AAA” debt rating on negative watch despite lower...
Share: USD/JPY regained its traction and climbed above 139.50. US Dollar benefits from upbeat macroeconomic data releases from the US. BoJ’s Ueda hinted at a possible...
Share: The index advances to multi-week highs north of 104.00. Concerns around the debt ceiling remain on the rise. Flash Q! GDP, weekly claims, housing data...
Share: AUD/USD remains downward pressured as Fed minutes reveal uncertain future for rate hikes. While some Fed officials see the May meeting’s 25 bps rate hike...
Share: GBP/USD fell further due to uncertainty surrounding US debt-ceiling negotiations and mixed US economic data, with investors flocking to the perceived safety of the US...
Share: The USD/CHF pair surges past the 0.9000 figure, aiming for a 50-day EMA test at 0.9025 after printing a bullish hammer on the daily chart,...
Share: DXY adds to Monday’s advance and retests the 103.60 zone. Additional gains from here target the key 200-day SMA near 105.70. DXY extends Monday’s auspicious...
Share: GBP/USD holds steady, buoyed by positive US debt ceiling discussions but weighed down by hawkish Federal Reserve comments. The US Dollar Index remains flat, preventing...
Share: USD/JPY pair underpinned by high US T-bond yields, strong US Dollar. Despite last week’s negative outcome, the USD/JPY clings to gains above a five-month-old support...
Share: DXY extends further the corrective pullback and retests 103.00. The resumption of the uptrend could revisit the 200-day SMA. DXY appears to have met a...
Share: Here is what you need to know for next week: The US Dollar Index (DXY) rose for the second consecutive week despite improving market sentiment....
Share: DXY’s strong upside meets resistance near 103.60 on Friday. The key 200-day SMA emerges as the next hurdle near 105.80. The solid weekly performance of...
Share: EUR/USD attempts a mild bounce after testing lows around 1.0760. There is a temporary hurdle at the 55-day SMA near 1.0870. EUR/USD Rebounds from new...
Share: NZD/USD recovered to a weekly high of 0.6290, buoyed by a favorable climate in US debt ceiling discussions and a weakening US Dollar. Federal Reserve...