Share: GBP/USD extends its downtrend to seven consecutive days amid mixed economic data from the United States (US), while further deterioration in the United Kingdom (UK)...
Share: Pound Sterling tests last week’s low as UK’s preliminary S&P Global PMI remained downbeat. United Kingdom’s factory activity registers 12th straight contraction as the BoE...
Share: AUD/USD has gauged temporary support near 0.6720 amid a cautious market mood. The Fed is expected to resume its rate-hike cycle after a skip in...
Share: EUR/USD stays defensive at the lowest levels in eight days after snapping three-week uptrend. Three-month-old horizontal support zone challenges Euro sellers as MACD signals suggest...
Share: AUD/USD bounces off one-week-old descending support line after posting the first weekly loss in three. RSI’s rebound from oversold territory adds strength to Aussie pair’s...
Share: GBP/USD remains indecisive after posting the biggest weekly loss in six months. Cable pair sees between 100-EMA and 200-EMA as oscillators fade bearish bias. The...
Share: Gold Price remains pressured towards the key SMA Confluence after three-day losing streak from multi-week high. US Dollar recovery jostles with risk-on mood to keep...
Share: Gold Price drops back towards multi-month-old horizontal support amid risk-off mood. Sour sentiment, hawkish Federal Reserve Minutes propel US Dollar and weigh on XAU/USD. United...
Share: NZD/USD is consolidating around 0.6200 as FOMC minutes have come under spotlight. S&P500 futures have extended losses in Europe, portraying strength in the risk-aversion theme....
Share: EUR/GBP has faced pressure around 0.8575 as UK Services PMI has matched expectations. The UK economy is facing issues of labor shortages due to Brexit...
Share: EUR/USD edges higher past convergence of 21-DMA, 50-DMA amid sluggish session. US ISM Manufacturing drops to its lowest level in three years and tests hawkish...
Share: USD/CNH remains pressured around intraday lows, stretches pullback from highest level since November 2022. China Caixin Manufacturing PMI came in better than forecast to 50.5...
Share: NZD/USD fails to defend the week-start gap towards the north. 200-HMA, top line of immediate bullish channel and a fortnight-old falling trend line challenge Kiwi...
Share: NZD/USD remains sidelined at the lowest levels in three weeks, prods three-day downtrend. China PMIs for June came in mixed but cautious optimism prods Kiwi...
Share: NZD/USD has displayed a perpendicular decline to near 0.6130 amid a risk-off mood. S&P500 futures have extended their downside as investors are getting cautious ahead...
Share: Business activity in the US private sector expanded at a softening pace in early June with the S&P Global Composite PMI falling to 53 from...
Share: EUR/USD drifts lower for the second successive day and is weighed down by a stronger USD. The Fed’s hawkish outlook and the risk-off impulse, continue...
Share: AUD/USD has sensed buying interest near 0.6760 as the short-lived pullback in the USD index is concluding. Dovish commentary from Fed policymakers has receded the...
Share: USD/CAD renews intraday high as it recovers from yearly low during Juneteenth holiday-inspired sluggish trading. Oil Price drops amid fears of less demand from China....
Share: NZD/USD begins trading week on a positive footing despite inactive markets. Business NZ PSI improves for May allowing Kiwi buyers to keep the reins. US-China...