Here is what you need to know on Monday, January 2: Major currency pairs remained stuck near Friday’s closing levels on Monday amid thin trading conditions....
GBP/USD holds decent gains around 1.2070s but below the 200-day EMA. US Chicago Manufacturing PMI exceeded estimates but remains in contractionary territory. GBP/USD Price Analysis: Upward...
EUR/USD is still rangebound, failing to crack the 1.0700 ahead of the year’s end. The Chicago PMI for December exceeded expectations and the previous month’s reading....
USD/CAD struggles at the 20-day EMA and tumbles towards the 1.3530 area. USD/CAD Price Analysis: Oscillators offering mixed signals, but price action stalling at crucial EMAs...
Volatility and erratic moves during the last trading session of the year. NZD/USD to end year with a 7.30% loss. The 0.6500 is the key to...
USD/JPY drops 0.70% on risk aversion and a softer US Dollar. USD/JPY Price Analysis: Downward biased, could extend losses below 130.00, towards May lows around 126.00....
The Euro remains above the 1.0600 figure, eyeing a year-end close above the figure. US Initial Jobless Claims exceeded the previous week’s reading, showing the labor...
USD/CHF bypasses a doji and falls below the 0.9300 figure. The USD/CHF price action suggests the pair might form a triple bottom, but oscillators point downwards....
Japanese yen among top performers on Thursday despite higher equity prices. US Dollar turns negative as Wall Street soars. USD/JPY is ending a four-day positive streak...
AUD/USD clings to decent gains as the mood shifts sour. A jump in US Treasury bond yields underpins the US Dollar and weighs on the Australian...
USD/JPY is back above 134.00, eyeing a challenge from the 200-day EMA. The major is consolidating around 130.50/134.40 after dropping below the 200-day EMA. USD/JPY Price...
USD/CAD rebounds from weekly lows around 1.3520s and closes to the 1.3600 mark. Overall, US Dollar strength and falling oil prices keep the USD/CAD rallying. USD/CAD...
EUR/USD makes a run to weekly highs and retreats. Pair now closer to the daily low as US yields rise. Equity markets turn negative, oil sinks....
Here is what you need to know on Wednesday, December 28: Action in financial markets remains choppy on Wednesday as trading conditions remain thin ahead of...
Wall Street trims losses, DXY approaches daily lows. Bond yields off highs, after reaching weekly highs. EUR/USD remains sideways with bullish bias. The EUR/USD has recovered...
The Loonie outperforms during the American session. WTI rebounds and approaches daily highs. Wall Street trims losses, US yields print fresh highs. The USD/CAD is hovering...
Here is what you need to know on Tuesday, December 27: Following the three-day weekend, the US Dollar struggles to find demand on Tuesday with the...
Japanese yen is among the worst performers weakened by higher US yields. Dollar posts mixed results after US data. USD/JPY up on Friday, and down for...
US Dollar soars across the board after US data. Equity prices in Wall Street reversed sharply, posting significant losses. USD/JPY hits two-day highs, fails to consolidate...
US Dollar rises across the board after US data and amid risk aversion. US Q3 GDP revised from 2.9% to 3.2%. AUD/USD again rejected from above...