FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang suggested that EUR/USD could revisit 1.0800 once 1.0750 is cleared in the next weeks. Key Q Read full article
Cable is now seen within the 1.2430-1.2600 range in the next weeks, noted FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. Key Quotes 24-ho Read full article
The USD/CHF pair is displaying a quiet mood by oscillating in a minor range of 0.9606-0.9629 in the early European session. A bullish open drive sessi Read full article
The GBP/USD pair has displayed volatility contraction in the early trade after failing to sustain above its Initial Balance. The cable is oscillating Read full article
The GBP/USD pair witnessed a dramatic intraday turnaround on Tuesday and plunged over 125 pips from the 1.2600 neighbourhood, snapping a three-day win Read full article
The USD/JPY pair is facing selling pressure near the round-level resistance of 127.00 in the early European session. A bullish open-rejection reverse Read full article
USD/CAD picks up bids from intraday low as buyers defend the previous day’s rebound from a three-week low during early Wednesday morning in Asia. Even Read full article
EUR/USD drops back to 1.0700 during the first negative day of the week, retreating from the monthly high while snapping a two-day run-up. That said, t Read full article
The AUD/USD pair is advancing firmly to re-test its weekly high at 0.7127 as risk-on impulse rebounds and safe-haven assets are losing their traction Read full article
The NZD/USD pair is attempting to overstep the psychological resistance of 0.6500 after getting more clarity over the monetary policy amid a press con Read full article
Gold Price (XAU/USD) prints the first daily loss in five as the quote drops to the intraday low of around $1,860 during Wednesday’s Asian session. The Read full article
The AUD/NZD pair has been offered strongly by the market participants after the Reserve Bank of New Zealand (RBNZ) announced a rate hike by 50 basis p Read full article
GBP/USD takes offers to refresh intraday low around 1.2520, extending the U-turn from the 200-EMA towards breaking a one-week-old support line during ... Read full article
NZD/USD rallies over 60 pips as the RBNZ announces 50 basis points (bps) of a rate hike in early Wednesday. In doing so, the quote not only reverses t Read full article
Market sentiment dwindles during early Wednesday as headlines from the Asia-Pacific regions test the risk appetite. Also challenging the optimism is t Read full article
Analysts at Goldman Sachs recommended going short on USD/JPY via options over a six-month timeframe in their latest client note. Key quotes "We see a Read full article
GBP/USD takes offers to refresh intraday low around 1.2520, extending the U-turn from the 200-EMA towards breaking a one-week-old support line during Read full article
EUR/USD refreshes intraday low around 1.0720, consolidating weekly gains near the monthly peak. In doing so, the major currency pair prints weakness b Read full article
Early Wednesday at 01:00 GMT market sees the key monetary policy decision by the Reserve Bank of New Zealand (RBNZ) amid hopes of another hawkish play Read full article
The GBP/USD pair is rebounding gradually from a low of 1.2475 as positive market sentiment has underpinned the risk-sensitive currencies. The cable wi Read full article
As per the prior analysis, NZD/USD Price Analysis: Bears break the neckline of H1 head and shoulders, 0.6420 eyed, the bears broke out of the H&S and Read full article
AUD/USD retreats to 0.7100 as RBA’s Ellis raises housing market concerns during Wednesday’s Asian session. In doing so, the Aussie pair also takes clu Read full article
The British pound shifted to the defensive as sentiment shifted sour and weighed by weaker than expected UK PMIs, which dragged the major from weekly Read full article
AUD/NZD renews intraday high around 1.01015 as it battles the key hurdle after bouncing off a fortnight low the previous day. That said, the cross-cur Read full article
The USD/CHF continues its free-fall, courtesy of a softer greenback amidst investors’ negative mood, which caused global equities to fall and the buck Read full article
The USD/JPY pair is attempting a pullback towards the round-level resistance of 127.00 after a vertical downside move to a low of 126.48 on Tuesday. T Read full article
USD/CAD defends the bounce off the 1.2770 key support, taking rounds to 1.2815-20 during Wednesday’s Asian session. In doing so, the Loonie pair seesa Read full article
Risk-aversion is back for the second consecutive trading day in the week and weighs on the GBP/JPY, which plummets 200 pips as the North American sess Read full article
The AUD/USD pair has surpassed 0.7110 as investors are awaiting the release of the Federal Open Market Committee (FOMC) minutes on Wednesday. The pair Read full article
EUR/USD dribbles around a one-month high, after rising for the last two consecutive days to Wednesday’s Asian morning, as the US dollar selling pauses Read full article
What you need to take care of on Wednesday, May 25: The American dollar remained weak on Tuesday, despite the market mood being sour. The EUR/USD pair Read full article
The EUR/JPY edges lower after reaching fresh weekly highs at around 136.79 and daily lows just below the 50-DMA at 135.64, blamed on a dampened market Read full article
NZD/USD is down some 0.12% into the close on Wall Street in what has been a day of little activity for the pair, bounded by support and resistance, ch Read full article
EUR/USD bulls are reclaiming the 1.0700 mark on Tuesday, courtesy of ECB policymakers expressing the need for the central bank to exit from negative r Read full article
The USD/CAD broke to the upside after moving in a small range for hours and jumped to 1.2872, reaching the highest level since last Thursday. The pair Read full article
A break lower in the EUR/USD pair to new lows remains plausible in a scenario of tighter financial conditions, explain analysts at MUFG Bank. They poi Read full article
The USD/JPY ended with days of consolidation with a sharp decline on Tuesday. The pair broke under 127.00 and tumbled to 126.34, the lowest level in a Read full article
At 0.7085, AUD/USD is trading down some 0.31%, sliding from a high of 0.7107 to a low of 0.7056. The Australian dollar eased on Tuesday as global stoc Read full article
The British pound shifted to the defensive as sentiment shifted sour and weighed by weaker than expected UK PMIs, which dragged the major from weekly Read full article
As per the start of the week's analysis, EUR/USD Price Analysis: Bulls are taking over through key daily resistance, the price has continued higher as Read full article
At 1.2824, USD/CAD is higher on the day so far as the commodity sector wobbles as fears about weak earnings and slowing economic growth punctured the Read full article
The market spiral will end “when the Fed puts a line in the sand on inflation and says it will do ‘whatever it takes,’” says billionaire investor Bill Ackman. Read full article
Atlanta Fed President Raphael Bostic said Tuesday the central bank should not be reckless in the way it moves up its benchmark interest rate. Read full article
Bill Ackman said raging inflation will only dissipate if the Federal Reserve acts more aggressively or the market sell-off turns into a full-on collapse. Read full article
UK government bond yields had already been on the back foot in the lead up to the start of the US trading session in wake of much weaker than expected Read full article
The USD/CHF pair dropped to a nearly one-month low during the early North American session and is now looking to extend the downward trajectory below Read full article
Softer than expected Q1 New Zealand Retail Sales growth figures have contributed to a weakening of the kiwi on Tuesday, with NZD/USD eroding much of t Read full article
EUR/USD sees its upside accelerated above the 1.0700 yardstick on turnaround Tuesday. Considering the pair’s ongoing price action, the continuation of Read full article
The AUD/USD pair came under some selling pressure on Tuesday and moved further away from over a two-week high, around the 0.7125 region touched the pr Read full article
The sterling bears regained control on Tuesday and pushed GBP/USD back below the 1.2500 level, a roughly 100 pip turnaround from earlier session highs Read full article
GBP/USD has reversed its direction in the European session on Tuesday and dropped below 1.2500, erasing the majority of the gains it registered on Mon Read full article
The USD/JPY pair maintained its offered tone through the early North American session, albeit has managed to rebound a few pips from the daily low. Th Read full article
The USD/CAD pair struggled to capitalize on its goodish bounce from a near three-week low set earlier this Tuesday and was seen trading below the 1.28 Read full article
Weaker than forecast Eurozone flash PMI survey data for May has not deterred the euro bulls on Tuesday, given that it (unlike the UK data) still indic Read full article
EUR/JPY partially reverses Monday’s strong advance and comes under pressure following another failed attempt to surpass the 136.80 region. If the cros Read full article
GBP/USD has declined sharply after having tested 1.26. As FXStreet’s Eren Sengezer notes, sellers could retain control if the pair fails to reclaim 1. Read full article
The GBP/JPY cross added to its heavy intraday losses and weakened further below the 159.00 mark, hitting a multi-day low during the first half of the Read full article
EUR/USD has managed to build on Monday's gains and broke above 1.07. However, the pair remains technically overbought in the near term, suggesting tha Read full article
The GBP/USD pair continued its struggle to make it through the 1.2600 round-figure mark and witnessed a dramatic turnaround during the early part of t Read full article
Further optimism among traders pushes EUR/USD to new 4-week highs in the 1.0735/40 band on Tuesday. EUR/USD boosted by sentiment, Lagarde EUR/USD exte Read full article
The EUR/GBP cross built on the overnight solid rebound from the 0.8435-0.8430 zone, or the 200-day SMA and gained strong follow-through traction for t Read full article
The GBP/USD pair reversed modest intraday losses and climbed to the top end of its daily trading range, closer to the 1.2600 round-figure mark during Read full article
Economists at HSBC have a more dovish perspective than markets regarding the Bank of England (BoE) tightening path. Subsequently, the GBP/USD pair is Read full article
