After bad US data, AUD/USD reversed its course and dived below 0.7000. Federal Reserve officials pushed back against interest rates peaking below 5%. AUD/USD Price Analysis:...
The Swiss Franc rises sharply versus the Dollar and the Euro. Expectations about a less hawkish ECB support the Swiss Franc. USD/CHF falls for the fifth...
The Australian Dollar got bolstered by China’s upbeat GDP and improvement in Australia’s consumer sentiment. The New York Fed Empire State Manufacturing Index plunged as business...
The index extends the range bound theme around 102.30. US markets return to normal activity following Monday’s holiday. NY Empire State index, short-term auctions, Fedspeak next...
The US Dollar stages a recovery on Monday after plunging to seven-month lows against a basket of currencies. Australia’s inflation data might spur a reaction by...
The USD/JPY traded below 128.00 for the first time since June 2022. USD/JPY traders are bracing for the Bank of Japan’s monetary policy meeting on Wednesday....
USD/CHF retraced earlier gains after printing a daily high of 0.9316. Upbeat US economic data is bad for the greenback as the US Dollar weakens. USD/CHF...
NZD/USD finished the week with solid gains of 0.6700%, spurred by softer US CPI data. Consumer inflation expectations in the US edged lower and weighed on...
USD/CAD finished Friday’s session with gains, though it faltered to clear 1.3400. USD/CAD Price Analysis: Exposed to selling pressure below 1.3400. The USD/CAD Prolonged its weekly...
EUR/USD sees its recent strong advance temporarily halted. The resumption of the bullish bias should target the 1.0900 level. EUR/USD comes under pressure soon after hitting...
The index reverses part of the recent acute sell-off. US yields remain directionless across the curve on Friday. Flash Michigan Consumer Sentiment will be next on...
The Japanese yen extends gains across the board on Friday. US Dollar up for the day, sharply lower for the week. USD/JPY drops for the second...
EUR/USD is about to post the highest weekly close since May 2022. US Dollar back under pressure, heads for sharp weekly losses. US Consumer Confidence rises...
Consumer Sentiment in the United States improved and capped the AUD/USD rally. The US last inflation report, spurred speculation that the Fed would decelerate the pace...
US Consumer Sentiment improved, while inflation expectations edged lower. UK’s GDP for the fourth quarter contracted and flashed a gloomy economic outlook. GBP/USD traders are eyeing...
EUR/USD gives away part of the recent advance. The dollar’s price action looks inconclusive near 102.00. Germany’s Full Year GDP Growth surprised to the upside. Investors...
US Dollar tumbles after CPI data, trims losses after Wall Street opening bell. Inflation confirms slowdown in the US, Fed’s Harker expects 25 bps hikes now....
The index extends the decline and challenges 103.00. US inflation figures are expected to have retreated further in December. US yields trade slightly on the defensive...
The New Zealand Dollar failed to gain traction despite a risk-on impulse. US Dollar remains soft amid growing speculations for a soft US CPI print. China’s...
The Swiss Franc is among the worst performers on Wednesday. US Dollar post mixed results during the American session ahead of US CPI. USD/CHF rebounds sharply,...