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
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
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
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
USD/CHF broke below the 200-DMA, ending the major’s upward bias. In the near term, the USD/CHF is neutral to downwards, but buyers reclaiming 0.9450 exerts upward pressure on the major. …
USD/CHF Price Analysis: Surrenders the 200-DMA as sellers eye 0.9200 Read More
The NZD/USD advances for the second straight day, up in the week by 3.03%. The US PPI for July rose by 9.8% YoY, less than estimates and last month’s reading. …
NZD/USD rises towards the 100-DMA on US inflation showing signs of softening Read More
USD/CAD extended its losses for the second straight day as sellers eye a break of the 200-DMA. July’s US inflation reports show signs of peaking, with CPI at 9% YoY …
USD/CAD battles the 200-DMA after US PPI decelerates Read More
US July PPI drops unexpectedly in July while jobless claims hit monthly highs. The dollar remains in negative territory, even as US yields rise. EUR/USD up for the fifth consecutive …
EUR/USD fails at 1.0365 and retreats as DXY trims losses Read More
The GBP/USD drops almost 0.05% amidst a risk-off impulse while the US dollar weakens. US prices paid by producers easied, while unemployment claims jumped for the second consecutive week. GBP/USD …
GBP/USD retraces from weekly highs, approaches 1.2200 Read More
EUR/USD fades the initial knee-jerk and regains 1.0300. The dollar remains offered in the wake of US CPI results. US Producer Prices will be the salient event in the calendar. …
EUR/USD: Bulls remain in control above 1.0300 Read More