The Japanese Yen drifts lower for the second straight day and is pressured by a combination of factors. The BoJ’s cautious stance, softer domestic data and...
NZD/USD reverses an Asian session dip and turns positive for the second straight day. The USD retreats further from a multi-month peak set on Tuesday and...
The Pound Sterling rallies to 1.2800 ahead of BoE’s policy decision. February’s soft UK inflation report could allow the BoE to deliver a slightly dovish guidance....
Gold price gains strong positive traction for the second straight day and hits a fresh all-time high. The Fed’s projected three rate cuts this year weigh...
The Greenback halted its ongoing recovery and retreated markedly after the Fed left its interest rates unchanged and Powell delivered a dovish message, all morphing into...
Share: NZD/USD regains positive traction on Tuesday and is supported by subdued USD demand. Bets for a June Fed rate cut and a positive risk tone...
Share: USD/CAD is challenging, still without taking out the 1.3600 level. Economists at HSBC analyze the pair’s outlook ahead of the Bank of Canada (BoC) meeting....
Share: GBP/USD attracts buyers for the second straight day amid subdued US Dollar price action. BoE Chief Economist Huw Pill’s hawkish remarks underpin the GBP and...
Share: GBP/JPY meets with aggressive supply and dives to over a one-week low on Thursday. Intervention threats, along with hawkish BoJ talks, provide a strong boost...
Share: Thanks to the Federal Reserve’s rate hiking campaign, cash looks more attractive today than in the last two decades. As a result, investors have flocked...
Share: Gold price attracts some buyers for the fifth successive day amid modest USD weakness. Geopolitical risks benefit the safe-haven XAU/USD and remain supportive of the...
Share: The USD Index (DXY) struggles to lure buyers amid bets for a Fed rate cut by mid-2024. Elevated US bond yields and a softer risk...
Share: India’s Nifty and Sensex keep pushing higher on Friday. Nifty and Sensex cheer global optimism as soft US Retail Sales rekindle dovish Fed expectations....
Share: The Pound Sterling (GBP) started the year on a firm note, outperforming most of its major currency peers. Economists at Scotiabank analyze GBP outlook. GBP’s...
Share: EUR/USD turns lower for the third straight day and seems vulnerable to slide further. Expectations that the ECB will start cutting rates in April continue...
Share: Gold price attracts some haven flows amid the cautious market mood, albeit lacks follow-through. Hawkish Fed expectations help limit a modest USD pullback from a...
Share: China’s Vice Finance Minister Wang Dongwei said on Thursday that they “will appropriately increase investment under the central government budget.” Additional takeaways 2023 tax and...
Share: NZD/USD plunges slightly below 0.6200 as PBoC maintains interest rates steady. The safe-haven bets have strengthened amid geopolitical tensions. Market participants will focus on the...
Share: Economists at Erste Group Research are forecasting a strengthening of the Euro (EUR) against the Swiss Franc (CHF). Convergence of inflation differential should hamper further...
Share: European stocks climbed, bolstered by improving risk appetite on rate cut hopes. The UK saw a slight return to growth as UK GDP rebounds. US...