The US Dollar sees small jump after NY State Manufacturing grew again for first time in months. Comments out of Riyadh this Tuesday are not bearing much...
EUR/USD falls to near 1.0450 as the US Dollar rebounds after Fed officials guided that there is no need to make policy adjustments at least for...
The Japanese Yen retreats after touching a one-week high against its American counterpart. Rising bets for an imminent BoJ rate rise this year should limit any...
The Australian Dollar weakens as traders adopt caution ahead of the RBA’s policy decision on Tuesday. The RBA is expected to lower its Official Cash Rate...
The Reserve Bank of Australia is expected to cut the OCR by 25 basis points. Australian core inflation eased in the final quarter of 2024 but...
The DXY remains stuck around 106.00, looking for direction on Presidents’ Day. Fed funds futures price in 50 basis points of rate cuts for 2025 after...
Gold gains 0.56% despite thin liquidity on US Presidents’ Day. Geopolitical risks, US trade policies support bullion’s long-term outlook. Traders await FOMC Minutes, Fed speakers, and...
USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed easing expectations. Mexico’s Retail Sales, Banxico...
Canadian Dollar markets are shuttered for a federal holiday. US markets are also quiet, further crimping volume flow from the Greenback side. Canadian CPI inflation figures...
The US Dollar flatlines on Monday with more headlines on Ukraine. Traders are mulling possible outcomes from Riyadh’s Ukraine talks this week. The US Dollar Index (DXY) stuck...
EUR/USD gives a tough fight to psychological resistance of 1.0500 as the outlook of the US Dollar is uncertain. ECB’s Panetta is worried about growing risks...
Gold is heading back above $2,900 in a rather soft trading day. Geopolitical headlines will take over markets this week with headlines around Ukraine. A daily...
The Pound Sterling steadies against its major peers on Monday amid uncertainty ahead of UK employment and inflation data. BoE Governor Bailey expects some softness in...
The Indian Rupee trades in negative territory in Monday’s Asian session. Indian economic slowdown, foreign outflows and RBI rate cuts continue to undermine the INR. The RBI...
The Canadian Dollar gained another 0.15% against the Greenback on Friday. Cooling US Dollar demand is giving the Loonie a much-needed leg up. Canadian CPI inflation...
Aussie edges higher following delayed reciprocal tariffs. US Retail Sales contracted, disappointing market forecasts. Fed watchers see 55% chance rates remain on hold in March. RBA...
Mexican Peso set for over 1% weekly gain as USD tumbles. The US Dollar Index falls to YTD lows as Fed rate-cut bets increase US Retail...
Gold set to end the week up 0.80% despite Friday’s drop. US Retail Sales plunge, fueling US Dollar weakness and lower Treasury yields. Investors price in...
The Pound Sterling extends its upside to near 1.2600 aagainst the US Dollar after weak US Retail Sales data for January. A delay in imposition of reciprocal tariffs...
EUR/USD climbs to near 1.0500 amid cheerful market sentiment due to multiple factors. US President Trump’s reciprocal tariffs are unlikely to be executed before April 1....