Greenback drops sharply after NFP and ISM service sector. US yield falls to multi-day lows, commodities rebound. NZD/USD reverses from monthly lows, and trims weekly losses....
Canadian employment details overview Statistics Canada is scheduled to publish the monthly employment report for December later this Friday at 13:30 GMT. The Canadian economy is...
EUR/USD’s upside momentum faltered once again around 1.0630. The breakout of that resistance could lead up to a test of 1.0713. EUR/USD Gives away initial gains...
USD/CHF climbs steadily, bolstered by US economic data and speculation for further Fed tightening. The USD/CHF pair bounced around a top-trendline of a falling wedge which...
US Dollar rises sharply after data, DXY hits highest in almost a month. USD/CAD rebounds from 1.3475 towards 1.3600. US and Canadian employment reports to be...
US ADP Employment Change crushed estimates, while unemployment claims missed estimates, foreseeing a solid US Nonfarm Payrolls report. The US Trade Balance deficit shrank, boosting the...
The NZD/USD rises courtesy of an improvement in market sentiment. US economic data was mixed with prices easing, while the labor market remained tight, supporting further...
EUR/USD dived to 1.0580s on the release of the US Federal Reserve minutes. FOMC: Officials do not expect to cut rates in 2023. FOMC: Policymakers did...
November’s US JOLTs report exceeded estimates, and upward revisions to October’s report suggest the labor market remains tight. The US ISM Manufacturing PMI for December contracted...
USD/CHF failed to crack above 0.9400, exacerbating a fall below 0.9300. US Dollar weakness and the confluence of technical levels around 0.9370s stalled the USD/CHF rally....
US Dollar recovers strength after US data. US ISM Manufacturing Index drops to 48.4 versus 48.5 of market consensus. USD/JPY jumps after the report; Attention turns...
USD/CAD is already down more than 100 pips on Wednesday. The US Dollar Index stays deep in negative territory ahead of key US data. Falling crude...
EUR/USD partially reverses Tuesday’s drop and approaches 1.0600. Final Services PMIs in the euro area are due next in the docket. Investors’ attention remains on the...
The index sheds some ground after recent multi-day highs. The risk complex manages to regain some poise on Wednesday. Mortgage Applications, ISM Manufacturing, FOMC Minutes next...
US Dollar remains bid even though data showed Manufacturing PMI continues to decelerate. The Euro extends its losses spurred by Germany’s inflation edging down. The US...
The US Dollar strengthens as 2023 kicks in, as the US Dollar Index gains more than 1%. The US S&P Global PMI was unchanged, though it...
The US Dollar recovers momentum during the American session as market sentiment deteriorates. The Swiss Franc falls across the board, EUR/CHF rises towards 0.9900. USD/CHF has...
AUD/USD drops below 0.6800 towards the 20-day EMA at 0.6736. The US Dollar remains bid, regardless of falling US bond yields, after the release of weak...
Kiwi trims losses versus US Dollar as DXY retreats. Wall Street turns negative after first minutes of trading. NZD/USD off lows, moving without clear direction. The...
USD/CAD gained traction in the early European session on Tuesday. US Dollar Index posts strong daily gains near 104.50. WTI continues to fluctuate in a tight...