AUD/USD witnesses a modest pullback from the vicinity of a two-month high set on Thursday. The USD short-covering move is seen as a key factor exerting downward pressure on the …
AUD/USD eases from two-month peak on modest USD strength, downside seems cushioned Read More
USD/CAD attracts some dip-buying on Friday amid a modest pickup in the USD demand. The prospects for additional Fed rate hikes, elevated US bond yields benefit the greenback. The recent …
USD/CAD steadily climbs to daily high, up a little around 1.2775 amid modest USD strength Read More
EUR/USD loses the grip and returns below 1.0300. EMU Industrial Production expanded 2.4% YoY in June. US flash Consumer Sentiment next of note in the docket. The single currency loses …
EUR/USD comes under pressure and challenges 1.0300 Read More
EUR/GBP gains traction for the second straight day and climbs to over a two-week high on Friday. The BoE’s bleak outlook offsets mostly better-than-expected UK data and undermines the GBP. …
EUR/GBP spikes to two-and-half-week high, 0.8500 mark back in sight Read More
GBP/USD meets with a fresh supply on Friday and retreats further from the post-US CPI swing high. The BoE’s bleak outlook undermines the GBP and acts as a headwind amid …
GBP/USD edges lower to 1.2170 area amid a modest pickup in the USD demand Read More
USD/JPY gains traction on Friday and moves away from over a one-week low set the previous day. The Fed-BoJ policy divergence and a positive risk tone undermine the JPY and …
USD/JPY trades with modest gains amid positive risk tone, modest USD uptick Read More
Here is what you need to know on Friday, August 12: The risk rally that was fueled by the soft US inflation data mid-week lost its steam and the market …
Forex Today: Markets turn choppy ahead of the weekend Read More
NZD/USD continues scaling higher on Friday and climbs to over a two-month high The uncertainty over the next Fed rate hike keeps the USD bulls on the defensive. A positive …
NZD/USD strengthens further beyond 100-DMA, climbs to over two-month high Read More
GBP/JPY gains some positive traction on Friday and recovers further from the weekly low. Mostly better-than-expected UK macro data benefits the British pound and offers support. The offered tone surrounding …
GBP/JPY sticks to gains near daily high, holds comfortably above mid-162.00s Read More
The index manages to leave behind part of the recent drop. US yields come under some mild downside pressure. Preliminary Consumer Sentiment next on tap in the docket. The greenback …
US Dollar Index appears bid just above 105.00 Read More