AUD/USD is struggling to remain above the immediate hurdle of 0.6720 as investors await FOMC minutes. Higher wage inflation could be a roadblock for the Fed...
GBP/USD jumps back towards 1.2100 amid risk recovery. US Dollar rebound fizzles out, USD/JPY sell-off weighs. GBP/USD bounces off 200DM, RSI enters into the bullish zone....
USD/JPY hit fresh six-month lows below 130.00 in Asia this Tuesday. The Japanese yen rallied on BoJ speculation and negative Asian stock markets. The US Dollar...
NZD/USD has slipped firmly to near 0.6300 as the US Dollar Index has climbed above 103.60. A release of the upbeat Caixin Manufacturing PMI at 49.0...
USD/JPY has sensed hurdles around 131.00 ahead of US ISM Manufacturing PMI data. S&P500 futures are expected to react to weaker economic projections from the IMF....
AUD/USD is looking for an immediate cushion around 0.6800 ahead of Caixin Manufacturing PMI data. After scrutiny of the Chinese official PMI and consensus, the Caixin...
USD/IDR picks up bids to snap two-day downtrend as US Dollar rebounds during holiday-thinned markets. Indonesia Inflation, S&P Global PMI came in firmer for December, President...
GBP/USD retreats from intraday high to snap two-day uptrend. British labor strike, UK PM Sunak’s push back to childcare reform joins geopolitical concerns to weigh on...
NZD/USD has slipped sharply below 0.6320 as the US Dollar Index has shown a recovery move. Market mood is turning cautious as the Covid-19 situation in...
The S&P Global Manufacturing PMI continued to edge lower in early December. The US Dollar Index declined below 104.50 with the initial reaction. The economic activity...
The S&P Global Services PMI continued to decline in December. The US Dollar Index stays in negative territory below 104.50. The S&P Global Services PMI declined...
AUS/USD has advanced to near 0.6735 after recovery as the risk-on profile is regaining traction. What dampened the market mood post-Fed Powell’s speech was the lack...
EUR/USD picks up bids to refresh intraday high, reverses pullback from six-month top. ECB-inspired rally battles with the US Dollar’s safe-haven demand. Sluggish markets allow traders...
US ISM Services PMI Overview The Institute of Supply Management (ISM) will release the Non-Manufacturing Purchasing Managers’ Index (PMI) – also known as the ISM Services...
GBP/USD has refreshed its five-month high above 1.2340 and is expected to extend its rally amid a risk-on profile. After upbeat US NFP data, a better-than-projected...
Asian equities have roared strongly as the Fed confirmed a less-hawkish December monetary policy. Chinese indices have hogged the limelight on upbeat Caixin Manufacturing PMI data....
USD/CAD sees around intraday low during two-day downtrend. China data, cautious mood ahead of key US statistics probe US Dollar bears. WTI crude oil eases amid...
USD/CNH has sensed barricades after a mild recovery around 7.0600 amid upbeat Caixin Manufacturing PMI. China’s official Manufacturing PMI has landed at 49.4 vs. expectations of...
USD/CNH remains mildly bid while consolidating the biggest daily loss since November 10. China’s official NBS Manufacturing PMI and Non-Manufacturing PMI both disappoint in November. Cautious...
The US S&P Global Manufacturing PMI dropped below 50 in early November. The US Dollar Index extended its daily slide following the data. Business activity in...