Share: USD/JPY takes offers to extend the previous day’s retreat from two-week high. Two-month-old horizontal support zone, key EMA confluence bears challenge. RSI’s retreat from overbought...
Share: USD/CNH drops to more than one-week low, stays pressured near intraday bottom of late. PBoC keeps defending Yuan with heavy OMOs, pours cold water on...
Share: US Dollar Index bulls pause at the highest levels in fortnight after the five-day winning streak. Comparatively better US PMI keeps Fed hawks hopeful despite...
Share: “Bank of Japan (BoJ) likely to revise inflation projections up,” said Japan’s top currency diplomat Masato Kanda per Reuters on early Monday. The diplomat initially...
Share: AUD/USD slides below 50-EMA, fortnight-old support line to lure sellers. Downbeat oscillators, trend line break direct Aussie bears towards convergence of 200-EMA, 38.2% Fibonacci retracement....
Share: EUR/USD steadies at weekly bottom after falling the most in two months, printing three-day downtrend. Drops US Jobless Claims, downbeat tech sector performance favors yields,...
Share: USD/CAD remains pressured at weekly low, reversing Friday’s bounce off 10-month low. US Dollar snaps two-day recovery, Oil price remains sluggish as market sentiment dwindles...
Share: China’s Ambassador to Washington Xie Feng crossed wires late Wednesday, via Reuters, while speaking at the Aspen Security Forum where he criticized the US consideration...
Share: EUR/USD edges lower around weekly bottom after declining in last two consecutive days. Bearish bias gains acceptance amid firmer US Dollar, less accolades for hawkish...
Share: AUD/USD portrays a cautious mood by struggling to extend the latest south-run after refreshing weekly low. Market sentiment, Australia data jostle with US Dollar rebound...
Share: NZD/USD consolidates post-NZ inflation gains amid mixed sentiment, US Dollar’s corrective bounce. NZ Q2 CPI came in better than forecast but RBNZ defends status quo...
Share: Market sentiment remains dicey as traders await US Retail Sales, Industrial Production. Sino-US headlines, concerns about Fed policy pivot keep optimists hopeful. Wall Street benchmarks...
Share: AUD/USD reverses from intraday high after unimpressive RBA Minutes. RBA Minutes for July suggest policymakers’ readiness for an August rate hike, if needed. Cautious optimism,...
Share: Early Tuesday morning in Asia, at 01:30 GMT, the Reserve Bank of Australia (RBA) will release its minutes of the latest monetary policy meeting held...
Share: USD/MXN remains on the back foot at the lowest levels since December 2015, making rounds to 16.75 while fading the early Monday’s corrective bounce during...
Share: AUD/USD remains depressed after two-day losing streak, fades late Monday’s corrective bounce. Fears surrounding China, dovish concerns about RBA joins market’s inflation woes to keep...
Share: USD/CHF fades the previous day’s corrective bounce off the lowest level since January 2015. US Dollar lacks recovery momentum amid pre-Fed blackout. Downbeat mood, US...
Share: USD/IDR struggles to defend Friday’s corrective bounce despite downbeat Indonesia trade numbers for June. Indonesia exports slumped 21.18% in June versus 0.96% prior, -18.65% expected....
Share: “The Pacific region is becoming more contested and less secure as China becomes more assertive,” said New Zealand Prime Minister (PM) Chris Hipkins in a...
Share: EUR/USD retreats from the highest level since February 2022 amid mixed concerns. Friday’s US data, weekend headlines about Sino-US ties allow Euro bulls to take...