Share: Natural gas price extends the previous day’s rebound from one-month low. Upbeat China data underpins hopes of recovery in demand from the world’s biggest energy...
Share: AUD/USD picks up bids to recover from intraday low on upbeat China data. China Caixin Services PMI for May matches upbeat market forecasts, Aussie inflation...
Share: EUR/USD stays defensive as sellers flirt with 200-EMA, the seven-month-old support line. Looming bull cross on MACD, below-50.00 RSI conditions prod Euro bears. Euro buyers...
Share: WTI crude oil grinds higher after week-start gap towards the north, prints three-day uptrend. OPEC+ extends production cut deal into 2024, Saudi Arabia pledges for...
Share: The US Dollar Index picks up bids to refresh intraday highs, keeping Friday’s rebound despite witnessing the first weekly loss in four. Upbeat US NFP,...
Share: EUR/USD holds lower ground after four-week downtrend, maintains post-NFP bearish bias. Downbeat Eurozone inflation clues contrast with firmer US employment signals to keep Euro bears...
Share: AUD/USD is seeing fresh selling pressure at the start of a new week. China, US fundamentally disagree over Taiwan, global rules. US Dollar holds the...
Share: GBP/USD struggles to extend five-day uptrend at the highest levels in two weeks. Hawkish BoE concerns contrast with hopes of Fed’s policy pivot to underpin...
Share: US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, have been declining in the...
Share: Market sentiment improves as the US Republican-controlled House of Representatives supports measures to avoid government default. Easing fears of hawkish Fed actions, mixed US data...
Share: USD/CAD takes offers to refresh intraday low near 1.3560 amid early hours of Thursday’s Asian session. In doing so Looney The pair takes clues from...
Share: GBP/USD grinds higher at weekly top after four-day uptrend. Recent data, BoE talks underpin concerns of UK’s sticky inflation, suggest more rate lifts from “Old...
Share: Market sentiment turns dicey, slightly negative, ahead of top-tier data/events. Risk-negative signals from US data, Republicans’ statements join softer China PMIs to tease bears. German...
Share: GBP/USD renews intraday high during three-day rebound from monthly low. UK shop price inflation jumps to record high, per BRC. Optimism surrounding US debt ceiling...
Share: “The Australian economy may have already gone into a weak period of growth,” says Australian Treasury Secretary Steven Kennedy as he appears in parliament before...
Share: USD/TRY picks up bids to refresh all-time high, reverses Friday’s corrective pullback. Erdogan marks more than two decades of leadership with the latest election win....
Share: NZD/USD stabilizes around the lowest levels since November 2022, retreats of late. US Dollar grinds higher amid uncertainty surrounding debt ceiling agreement’s passage through US...
Share: “Negotiators will continue working to get a deal on the debt ceiling,” said US House Speaker Kevin McCarthy on Thursday as Republicans and Democrats race...
Share: AUD/USD refreshes yearly bottom as traders rush to US Dollar amid market’s indecision. Fears of US default contrast with policymakers’ optimism to keep troubling traders....
Share: Market sentiment remains dicey as US policymakers struggle to deliver debt limit extension deal. Top-tier rating agencies convey challenges to US rating status on default...