The AUD/USD trades with losses on Wednesday below 0.6650 area after hitting a daily high at 0.6717. A stronger US Dollar during the American session p Read full article
EUR/USD bounces off the 200-day Exponential Moving Average (EMA) and climbs above the 1.0700 handle due to European Central Bank (ECB) official hawkis Read full article
The USD/JPY pair rose for a second consecutive day on Wednesday to currently trade around 140.00. On the other hand, as per the DXY index, the USD wea Read full article
The USD/CAD plummet toward 1.3300 following the decision of the Bank of Canada (BoC) to raise its key interest rate taking markets off guard. The Loon Read full article
The GBP/USD pair catches aggressive bids following an early dip to sub-1.2400 levels and builds on its intraday positive move through the early North Read full article
Economists at Commerzbank analyze the EUR outlook ahead of the decisions of the major central banks next week. How long the EUR-positive effects will Read full article
Economists at Société Générale analyze USD/CAD technical outlook. Short-term bounce is expected USD/CAD has evolved within a range-bound consolidation Read full article
The NZD/USD pair is demonstrating topsy-turvy moves in the early New York session. The Kiwi asset is auctioning in a tight range as investors are divi Read full article
EUR/USD regains upside traction and moves beyond the key barrier at 1.0700 the figure on Wednesday. The pair remains well under pressure despite the b Read full article
The AUD/USD pair is struggling in stretching its rally above the round-level resistance of 0.6700 in the early New York session. The Aussie asset is e Read full article
The USD/JPY pair edges lower on Wednesday, albeit lacks any follow-through selling and remains confined in the previous day's broader trading range. S Read full article
West Texas Intermediate (WTI), futures on NYMEX, are looking to extend their recovery towards the crucial resistance of $73.00 in the early American s Read full article
Economists at TD Securities discuss the Bank of Canada (BoC) Interest Rate Decision and its implications for the USD/CAD pair. Dovish (40%) Rates unch Read full article
EUR/USD is firmer as steady support in upper 1.06s develops. Economists at Scotiabank analyze the pair’s outlook. Gains through 1.07 have triggered a Read full article
GBP/USD gathered bullish momentum in the European morning and climbed toward mid-1.2400s. The pair faces strong resistance at 1.2440 and it could stre Read full article
Gold futures edged lower early Wednesday, remaining stuck in a range as investors await further clues on the Federal Reserve's interest rate path. Read full article
GBP/USD tracks other majors higher. Economists at Scotiabank analyze the pair’s technical outlook. Good demand on GBP dips has developed so far this w Read full article
The Canadian Dollar has been the best G10-performing currency in the past month. Economists at ING analyze CAD outlook ahead of the Bank of Canada mee Read full article
EUR/JPY keeps the trade below the 150.00 region so far on Wednesday. In case bulls regain the initiative, there is an immediate hurdle at the so far m Read full article
EUR is losing more steam. Economists at Credit Suisse analyze the shared currency outlook. Only 70 bps of rate cuts are priced for the ECB from Sep ’2 Read full article
The USD/CAD pair attracts fresh sellers following an intraday uptick to the 1.3425 area and turns lower for the second straight day on Wednesday. The Read full article
The EUR/USD pair has shown a V-shape recovery move after finding a cushion at 1.0670 in the European session. The major currency pair has rebounded ab Read full article
USD/CAD is tracking short rates, which suggests we will get a reaction to the Bank of Canada (BoC) meeting today, Kit Juckes, Chief Global FX Strategi Read full article
The GBP/JPY cross drops to a one-and-half-week low during the early European session on Wednesday, albeit attracts fresh buying near the 172.65 area f Read full article
Economists at Société Générale analyze EUR/CHF technical outlook. 0.9670 is key support before 0.9600 A rebound is taking shape; retest of the 50-Day Read full article
The EUR/CAD has delivered a breakdown of the consolidation formed in a narrow range of 1.4320-1.4340 in the London session. The asset has dropped to n Read full article
The EUR/JPY cross drifts lower for the third successive day and drops to a multi-day low during the first half of trading action on Wednesday. Spot pr Read full article
The GBP/USD pair has found a decent buying interest near the round-level support of 1.2400 in the London session. The Cable has shown recovery due to Read full article
The USD/CHF pair edges higher for the second successive day on Wednesday, albeit lacks follow-through and remains well within over a one-week-old trad Read full article
EUR/USD remains on the defensive and keeps navigating in the sub-1.0700 zone on Wednesday. EUR/USD focused on ECB-speak, Chinese data EUR/USD corrects Read full article
The Euro continues to suffer from a softening inflation story in the Eurozone. Economists at ING analyze EUR/USD outlook. ECB communication has not se Read full article
In its latest outlook published on Wednesday, the OECD said that it sees US Fed funds rate peaking at 5.25%-5.5% from Q2 2023, followed by two "modest Read full article
The AUD/USD pair is consistently failing to climb above the immediate resistance of 0.6680 in the European session. The Aussie asset is not getting th Read full article
Pressure on swedish Krona has resumed. Economists at ING analyze EUR/SEK outlook. Hard to pick a top for the EUR/SEK pair in the near term The lack of Read full article
The NZD/USD pair struggles to capitalize on its modest gains registered over the past two days and comes under some selling pressure on Wednesday. The Read full article
Here is what you need to know on Wednesday, June 7: Major currency pairs continue to trade in familiar ranges mid-week as investors remain in search o Read full article
Economists at Credit Suisse analyze USD/CAD ahead of the Bank of Canada (BoC) Interest Rate Decision. Hawkish hold or cautious hike? We see a ‘hawkish Read full article
The EUR/USD pair has witnessed some selling interest after facing stiff barricades around 1.0700 in the early European session. The major currency pai Read full article
GBP/USD refreshes intraday low as the US Dollar picks up bids to pare the early Asian session losses heading into Wednesday’s London open. In doing so Read full article
EUR/GBP remains pressured around the intraday low near 0.8600 during the second daily fall amid the early hours of Wednesday’s London open. In doing s Read full article
GBP/USD refreshes intraday low as the US Dollar picks up bids to pare the early Asian session losses heading into Wednesday’s London open. In doing so Read full article
USD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (BoC) Interest Rate Decision as it pares recent losses around a m Read full article
The USD/JPY pair is juggling in a narrow range above the crucial support of 139.00 in the Asian session. The asset seems vulnerable above the aforemen Read full article
AUD/USD bulls struggle to keep the reins as China trade numbers join downbeat Australia’s first quarter (Q1) Gross Domestic Product (GDP) to prod the Read full article
USD/CAD picks up bids to rebound from the lowest levels in one month as it defends the 1.3400 threshold early Wednesday. In doing so, the Loonie pair Read full article
USD/CHF clings to mild losses near 0.9070 as it fades bounce off the intraday low early Wednesday. In doing so, the Swiss Franc (CHF) pair struggles f Read full article
USD/JPY prints mild losses around 139.35 despite bouncing off an intraday low during early Wednesday morning. In doing so, the Yen pair struggles to j Read full article
The Australian Bureau of Statistics (ABS) has released the Gross Domestic Product (GDP): Australia Gross Domestic Product (YoY) came in at 2.3%, below Read full article
AUD/USD reverses from the highest levels in three weeks after Australia’s first quarter (Q1) Gross Domestic Product (GDP) print downbeat outcome durin Read full article
EUR/USD bulls attack the 1.0700 threshold while refreshing the intraday high early Wednesday. In doing so, the Euro pair reverses the previous day’s l Read full article
New Zealand Dollars rebounded from earlier dips on Monday, helped by China's data showing an accelerated recovery in the services sector. Additionally Read full article
The newly-permitted transactions will be cash-settled in rupees and shall have the flexibility of cash settlement between two relevant banks and between a bank and a person residing outside India in rupees or any foreign currency, the regulator said. Read full article
Reserve Bank of Australia’s (RBA) surprise increase in interest rates and expectations of solid economic recovery highlights Australia’s first-quarter Read full article
The USD/CHF closed Tuesday’s session at the 0.9075 area, recording a 0.16% gain. The US dollar benefited from a cautious market mood despite US bond y Read full article
AUD/USD justifies hawkish comments from Reserve Bank of Australia (RBA) Governor Philip Lowe, as well as the RBA’s surprise rate lift, as it grinds hi Read full article
US Dollar Index (DXY) consolidates the previous weekly losses with mild gains around 104.15 amid an inactive Asian session on Wednesday. Adding streng Read full article
EUR/USD licks its wounds around 1.0700 as bulls and bears jostle during a sluggish week comprising unimpressive data and the Fed blackout. That said, Read full article
The NZD/AUD gained more than 60 pips closing at 1.0975 on Tuesday following the Reserve Bank of Australia (RBA) decision which exceeded economist expe Read full article
GBP/USD licks its wounds near 1.2425 during early Wednesday morning in Asia, after declining in the last three consecutive days. In doing so, the Cabl Read full article
GBP/JPY registers back-to-back negative sessions, sponsored by risk aversion; though technical indicators suggest further upside, price action means t Read full article
AUD/JPY rallied sharply on Tuesday after the Reserve Bank of Australia (RBA) surprisingly raised rates by 25 bps, lifting the cash rate to 4.10%. Ther Read full article
NZD/USD has been range bound in the prior day following the Reserve Bank of Australia´s surprise hawkish hike. NZD/USD is steady in early Asia, sittin Read full article
Gold Price (XAU/USD) seesaws around $1,963 amid the early hours of Wednesday’s Asian session, after a two-day rebound within a short-term trading rang Read full article
Recently retired Kansas City Fed President Esther George said the U.S. is likely to "have higher inflation and higher interest rates for some time." Read full article
After Tuesday's 25 basis points rate hike, Australia will report Q1 GDP. RBA Governor Lowe will deliver a speech. Chinese trade data is due, and in J Read full article
USD/CHF is set to finish Tuesday’s session with minuscule gains, boosted by a strong US Dollar (USD), which held to its gains, as US Treasury bond yie Read full article
USD/JPY is under pressure as the bullish rally starts to decelerate. The bears are in the market and eye a correction that targets the trendline suppo Read full article
The Euro weakened against its major pairs on Tuesday fueled by weak economic data from the European Union (EU) and Germany. On the other hand, the Yen Read full article
The GBP/USD pair struggles to capitalize on the previous day's goodish rebound of over 70 pips and attracts fresh sellers near the 1.2455-1.2460 regio Read full article
AUD/USD has rallied to the highest since mid-May following the Reserve Bank of Australia (RBA) meeting that raised interest rates. The cash rate is no Read full article
The Mexican Peso (MXN) achieved another multi-year high against the US Dollar (USD), as the USD/MXN pair tumbled past the previous year-to-date (YTD) Read full article
GBP/USD hovers around the 1.2420s area after traveling around a 60-pip range on Tuesday, capped by the lack of economic data from the United States (U Read full article
The USD/CAD stretched lower on Tuesday trading in the 1.3389 - 1.3452 range despite the US dollar maintaining its foot versus other peers, with the DX Read full article
EUR/USD has traded down on the day and is lowing some 0.27% at the time of writing, traveling between a high of 1.0732 and a low of 1.0667 so far. The Read full article
USD/JPY in May had ranged from a low of 133.50 on the 4th to a high of 140.93 on the 30th. Economists at MUFG Bank discuss the pair’s outlook. Room to Read full article
The EUR/GBP cross attracts some intraday sellers near the 0.8625 region, albeit lacks any follow-through and manages to hold above the 0.8600 mark thr Read full article
Economists at Société Générale analyze EUR/USD outlook. Short-term rate differentials are helping the Dollar EUR/USD has continued to track short-term Read full article
Being bearish on the Dollar is ING’s baseline view. A weaker Dollar can export lower US rates around the world Our baseline view in FX markets is that Read full article
The USD/CAD pair has stretched its recovery to near 1.3440 in the early New York session. The Loonie asset rebounded firmly from near the round-level Read full article
USD/JPY has continued to trade at just below the 140.00 level. Economists at MUFG Bank analyze Yen outlook. Wage data disappoints further dampening ex Read full article
The USD/JPY pair attracts some dip-buying in the vicinity of the 139.00 mark on Tuesday and stalls the overnight retracement slide from a multi-day pe Read full article
GBP/USD trades a little weaker but downside potential looks limited in the short run, in the view of economists at Scotiabank. Weakness through the mi Read full article
The NZD/USD pair has attempted a recovery move after correcting to near 0.6070 in the London session. The Kiwi asset is expected to show volatile move Read full article
GBP/USD has met renewed bearish pressure in the European morning and declined toward 1.2400 following a quiet Asian session. The negative shift seen i Read full article
The AUD/USD pair gains strong positive traction for the fourth successive day on Tuesday and jump to its highest level since mid-May. Spot prices, how Read full article
EUR/USD comes under fresh downside pressure and drops below the key support at 1.0700 the figure on turnaround Tuesday. The pair remains well under pr Read full article
EUR/USD witnessed a vertical fall after retreating from 1.0733 in the early New York session. The major currency pair has dropped to near 1.0670 after Read full article
CAD gets a minor lift ahead of tomorrow’s BoC decision. Economists at Scotiabank analyze USD/CAD outlook. USD/CAD to retest the low 1.33 zone once bel Read full article
EUR/JPY corrects further south and retreats to the sub-149.00 region on Tuesday. In case bulls regain the initiative, there is an immediate hurdle at Read full article
The GBP/JPY pair has shown a V-shape recovery after printing an intraday low of 172.68 in the European session. The cross witnessed a stellar buying i Read full article
Economists at Société Générale analyze EUR/USD technical outlook. Upside capped at 1.0860/1.0900 The pair has formed an interim trough near 1.0630. An Read full article
Economists at Société Générale analyze USD/JPY technical outlook. 138/137.20 is key support if profit taking crystallizes USD/JPY has so far defended Read full article
Antje Praefcke, FX Analyst at Commerzbank, discusses EUR/CHF outlook. Statement versus data Martin Schlegel, Vice Chairman of the Governing Board, see Read full article
The USD/CHF pair has paused for a while after a solid recovery from below 0.9040 in the European session. The Swiss Franc asset is expected to extend Read full article
Economists at ING analyze EUR/GBP and GBP/USD outlooks. Investors are unlikely to chase EUR/GBP through 0.8550 anytime soon In EUR/GBP, 0.8550 has bee Read full article
The GBP/USD pair struggles to capitalize on the previous day's goodish rebound of over 70 pips and attracts fresh sellers near the 1.2455-1.2460 regio Read full article
AUD/USD builds gains from last week’s 0.6458 low after surprise RBA hike. Economists at Société Générale discuss the pair’s outlook. Further tightenin Read full article
