The US Dollar gains momentum while Wall Street tumbles. Japanese yen fails to benefit from risk aversion. USD/JPY likely to challenge key resistance around 138.00. The...
Here is what you need to know on Thursday, December 15: Following the highly volatile action witnessed during the American trading hours on Wednesday, markets remained...
The USD/CHF extends its weekly losses to more than 1%. The divergence between the USD/CHF price action and oscillators could suggest that selling pressure is fading....
GBP/USD steadily climbs back to the 1.2400 mark amid a modest USD weakness. The formation of an ascending channel supports prospects for additional gains. Traders now...
The US Core Consumer Price Index hits the 6% threshold, weakening the US Dollar. The Pound Sterling hit a fresh six-month high at around 1.2442 following...
USD/CHF bounces around last week’s lows around 0.9310s. Near term, the USD/CHF formed a double bottom, which targets a rally towards 0.9430s. The USD/CHF bounces from...
Inflation expectations in the US dipped, as reported by the NY Fed. USD/CAD traders are eyeing a speech by Bank of Canada Governor Tiff Macklem. The...
Japanese yen among weakest currencies on Monday amid risk appetite. US yields move modestly to the upside ahead of US CPI and FOMC decision. USD/JPY to...
GBP/USD gained traction and advanced towards 1.2300 on Monday. The data from the UK showed that the UK economy grew by 0.5% in October. The improving...
USD/CAD stages a modest intraday recovery move from the 50-day SMA support on Friday. Bearish oil prices undermine the Loonie and offer support, though weaker USD...
Wall Street adds to gains while US Treasury yields remain steady. Japanese up versus US Dollar, steady versus other rivals. USD/JPY down for the second day...
The US Dollar falls across the board on Thursday amid risk appetite. AUD/USD strengthens after breaking 0.6750, trims weekly losses. US Initial Jobless Claims rise to...
Broad US Dollar weakness across the board, a headwind for the USD/CHF. A falling wedge in the USD/CHF daily chart suggests the pair might break upwards...
The Loonie appreciates against the US Dollar following the Bank of Canada 50 bps rate hike. The Bank of Canada expects further tightening as core CPI...
Weaker-than-expected economic data in China threatens to derail economic growth and trigger risk aversion. Federal Reserve pressured by Solid US economic data released since last Friday...
Bank of Canada to announce monetary policy on Wednesday. The Loonie is the worst G10 performer on Tuesday. USD/CAD up for the fourth day in a...
The US Dollar fails to capitalize on a risk-off mood, blamed on falling US bond yields. Recently released US economic data would keep the Federal Reserve...
AUD/USD trims gains as the US dollar turns positive on risk aversion. RBA raises rates by 25 bps as expected. Australia to report Q3 GDP growth...
US ISM Non-Manufacturing PMI surprised to the upside, weighing on the NZD/USD. An absent New Zealand docket would keep the NZD leaning on investors’ mood. NZD/USD...
US Dollar gains momentum across the board, DXY turns positive. Economic data from the US shows numbers above market consensus. USD/JPY with a bullish outlook in...