USD/CAD remains on the defensive near a two-month low touched on Wednesday. Hopes for a less aggressive Fed, the risk-on mood continues to weigh on the buck. An uptick in …
USD/CAD struggles near two-month low, seems vulnerable below 100-day SMA Read More
US inflation expectations, as per the 10-year breakeven inflation rate per the St. Louis Federal Reserve (FRED) data, dropped to the lowest levels in two weeks after the US Bureau …
US inflation expectations refresh monthly low near 2.43% after CPI release Read More
GBP/USD adds to its intraday gains and rallies to a one-and-half-week high amid a brutal USD selloff. A weaker US CPI report pushed back expectations for a larger Fed rate …
GBP/USD surges past 1.2200 mark amid softer US inflation data-inspired USD slump Read More
USD/CHF turns lower for the third straight day and drops to a one-week low on Wednesday. Modest USD weakness exerts pressure amid growing recession fears and US-China tensions. Investors might …
USD/CHF slides to over one-week low, below 0.9500 mark ahead of US consumer inflation Read More
USD/CAD meets with a fresh supply on Wednesday and erodes a part of the overnight gains. Subdued USD price action turns out to be the only factor exerting some downward …
USD/CAD remains depressed below 1.2900, downside seems cushioned ahead of US CPI Read More
GBP/USD gains some positive traction on Wednesday amid subdued USD price action. Recession fears, the BoE’s gloomy outlook could act as a headwind and cap the major. Traders might also …
GBP/USD refreshes daily high, lacks follow-through beyond 1.2100 ahead of the US CPI Read More
AUD/USD reverses modest intraday slide, through the uptick lacks bullish conviction. Subdued USD price action turns out to be a key factor lending support to the major. The cautious mood …
AUD/USD flat-lines above mid-0.6900s as traders await the crucial US CPI report Read More
USD/JPY lacks any firm directional bias and remains confined in a narrow trading range. Traders prefer to move on the sidelines ahead of the crucial US consumer inflation data. The …
USD/JPY struggles for direction, stuck in a range around 135.00 as traders await US CPI Read More
USD/CHF picks up bids to reverse recent losses inside the daily trading range. US dollar traces yields ahead of the key CPI data amid recession woes, recently up hawkish Fed …
USD/CHF dribbles around mid-0.9500s as US inflation looms Read More
Steel price retreats amid cautious markets, fears of less margin on the production front. Softer China inflation, economic slowdown concerns join pre-CPI anxiety to weigh on sentiment. The anticipated increase …
Steel price dwindles as hopes of more output, less profits join cautious mood ahead of US CPI Read More