Share: Early Wednesday in Asia, China’s embassy in the US defended its cybersecurity review on the US chipmaker Micron by citing the national security concerns, especially...
Share: USD/CHF struggles to defend recovery from weekly low, prints the first daily gain in three. Market consolidates amid cautious mood before Swiss sentiment numbers, US...
Share: US Dollar Index remains depressed at the lowest level in 12 days. United States data keep proposing an end to Fed’s hawkish cycle but traders...
Share: “More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are...
A six-day losing spell has halted after kissing the upward-sloping trendline around 0.9400. The 50-and 200-EMAs have turned south which indicates that the short-and long-term trend...
USDJPY has slipped sharply to near 146.20 despite overall pessimism in the market. The alpha generated on US government bonds tumbled on expectations of a slowdown...
EURUSD has found an immediate cushion around 1.0000 ahead of the US CPI. US equities witnessed a massive sell-off amid anxiety ahead of US mid-term elections....
NZD/USD has witnessed a rebound from 0.5800, however, the risk-off profile is intact. The Fed has kept hawkish guidance on the policy as short-term inflation expectations...
AUD/JPY is marching towards 94.50 after the release of mixed Japan employment data. Japan’s jobless rate has expanded to 2.6% while Jobs/Applicant Ration has improved to...
AUD/USD has advanced to 0.6400 as Aussie headline CPI has landed at 7.3% vs. projections of 7.0%. The RBA would require returning to its 50 bps...
USD/CNH is eyeing a test of a weekly high at 7.2790 amid a vulnerable market mood. The DXY has refreshed the day’s high at 113.12 amid...
Gold price has displayed a rebound move at $1,622.50, the downside seems favored amid soaring yields. Risk sentiment turned extremely sour after Fed’s Beige Book warned...
The DXY is expected to break above 113.00 as the risk-on impulse has faded. Fed policymakers have turned extremely hawkish amid accelerating price pressures. Fed’s Beige...