The Canadian Dollar (CAD) has slipped a little in overnight trade, Scotiabank’s chief FX strategist Shaun Osborne notes. Resistance above the market sits at 1.3750/55 “US...
The European Central Bank (ECB) policy decision came and went as expected—no change in rates and little in terms of forward guidance beyond reaffirming ‘data dependency’,...
The Pound Sterling (GBP) losses have extended to the 1.29 area following weaker than expected UK Retail Sales data for June, Scotiabank’s chief FX strategist Shaun...
AUD/USD falls more than 1.30% in the week on risk-off mood. China’s weaker-than-expected growth figures in Q2 and Iron ore prices are a headwind for the...
EUR/USD dips slightly under 1.09. ECB kept rates on hold as expected and left a September rate decision ‘wide open’ and data dependent, DBS FX &...
Positioning risks are asymmetrically skewed to the downside for the first time in months, TDS Senior Commodity Strategist Daniel Ghali notes Positioning risks seem skewed to...
The New Zealand Dollar (NZD) is likely to decline. The next support level is at 0.6005. The latter level is likely out of reach for now,...
Room for Pound Sterling (GBP) to drop to 1.2915 before the risk of a rebound increases; the next support at 1.2860 is unlikely to come under...
GBP/USD hangs near weekly low, below mid-1.2900s ahead of UK Retail Sales The GBP/USD pair prolongs its corrective decline from a one-year peak, around the 1.3045...
Thursday’s session witnessed the NZD/JPY pair rebounding, counterbalancing part of the bearish momentum. Despite the small rise, the cross still registers a weekly loss of 1.50%....
Gold is down more than 0.50% amid anticipation of a September Fed rate cut. US jobless claims exceed forecasts, suggesting economic slowdown and favoring lower rates....
On Thursday meeting, the European Central Bank (ECB) will likely keep interest rates unchanged, but ECB President Christine Lagarde may make a comment that will cause...
GBP/USD edges lower on Thursday amid the emergence of some USD buying. A slightly overbought RSI is seen holding back bulls from placing fresh bets. The...
GBP/USD Price Analysis: Bulls turn cautious amid overbought RSI, downside potential seems limited The GBP/USD pair trades with a mild negative bias during the Asian session...
Gold prices fall to $2,457 after hitting an all-time high of $2,483 due to profit-taking. Fed officials signal potential rate cuts; Governor Waller suggests downward trend...
Midweek turmoil hit global chip stocks following reports of tighter US export restrictions and rising geopolitical tensions, spurred by remarks from former President Donald Trump. We...
The Euro (EUR) is firmer versus the US Dollar (USD), rising through the low 1.09 area that had capped gains in the past few weeks to...
The Mexican Peso is trading lower against its main counterparts amid data releases and changing interest rate expectations. MXN is weakening against the USD after a...
Gold is rising as expectations firm of falling interest rates in the US – a positive for the precious metal. Fed’s Adriana Kugler says a combination...
GBP/USD consolidates below one-year top, looks to UK CPI for fresh directional impetus The GBP/USD pair extends its sideways consolidative price move for the third successive...