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
Market participants are aware that the Brexit issue is about to be escalated once again but how Europe responds will dictate any potential market reac Read full article
NZD/USD has seen a 4.4% pullback from its mid-May 0.6217 lows. Nonetheless, this pullback remains corrective unless the pair sustains its gain over a Read full article
Gold (XAU/USD) prices remain pressured around the intraday low near $1,850 as sellers struggle to re-enter amid a risk-off mood during the pre-Europea Read full article
As economists at Commerzbank note, it remains to be seen how quickly the Swiss National Bank (SNB) will actually implement a lift-off. Until then, the Read full article
On Monday, AUD/USD was able to extend its gains and climbed above 0.71. Nevertheless, economists at Commerzbank remain cautious as far as AUD is conce Read full article
Economists at HSBC hesitate about the animus of the Swiss National Bank (SNB) to tighten its monetary policy. Therefore, the EUR/CHF pair is set to mo Read full article
Here is what you need to know on Tuesday, May 24: Markets seem to have turned cautious early Tuesday following Monday's risk rally. The US Dollar Inde Read full article
USD/CHF struggles to stretch the week-start bear show despite the latest retreat from the daily high to 0.9560 heading into Tuesday’s European session Read full article
The AUD/USD pair came under some renewed selling pressure on Tuesday and eroded a part of the previous day's positive move to a two-and-half-week high Read full article
A corrective downside in USD/JPY could visit the 127.00 zone in the next weeks, commented FX Strategists at UOB Group Quek Ser Leang and Peter Chia. K Read full article
EUR/USD rose by +1.20% in yesterday’s session. As the European Central Bank (ECB) is set to deliver a rate lift-off in July, economists at Commerzbank Read full article
FX Strategists at UOB Group Quek Ser Leang and Peter Chia noted there is scope for NZD/USD to advance to the area above the 0.6500 mark in the short t Read full article
The NZD/USD pair is attempting a recovery from the intraday low of 0.6428. A downside move after a flat open is expected to be recovered completely as Read full article
GBP/USD now faces a major resistance at 1.2640, suggested FX Strategists at UOB Group Quek Ser Leang and Peter Chia. Key Quotes 24-hour view: “While w Read full article
EUR/GBP takes rounds to 0.8500 following the run-up to refresh a one-week high, recently easing to 0.8490 heading into Tuesday’s European session. In Read full article
In the opinion of FX Strategists at UOB Group Quek Ser Leang and Peter Chia, the recent strong upside in EUR/USD could extend to the 1.0750 region in Read full article
The USD/JPY pair has witnessed a steep fall after failing to sustain above Monday’s high at 128.06. The pair moved higher in early Tokyo to near 128.0 Read full article
AUD/USD picks up bids to defend the buyers, despite the recent pullback from a fortnight top, as the options market players battle the risk-off mood h Read full article
The EUR/USD pair is experiencing a minor pullback after struggling to overstep the round-level resistance of 1.0700 from Monday. The shared currency b Read full article
GBP/USD consolidates a three-day uptrend around a fortnight top, easing to 1.2565 ahead of Tuesday’s London open. In doing so, the cable pair carries Read full article
The USD/CAD pair is advancing sharply higher after hitting a low of 1.2764 in early Tokyo. The pair has climbed above 1.2800 and has touched an intrad Read full article
Gold price (XAU/USD) is holding itself around $1,850.00 as the US dollar index (DXY) has moved higher in the Asian session after a bearish Monday. The Read full article
USD/INR remains mildly bid around 77.55, following a downbeat start of the week, as the US dollar cheers the risk-off mood during Tuesday’s Asian sess Read full article
EUR/USD takes offers to renew intraday low around 1.0665 as it consolidates the previous day’s run-up, the heaviest since late March, near a two-week Read full article
AUD/USD remains on the back foot around the daily low near 0.7080 as it consolidates the previous week’s gains around a fortnight top. Even so, the Au Read full article
Global markets fail to conserve the week-start optimism as headlines surrounding China and the Fed weigh on sentiment during early Tuesday. Also chall Read full article
A Standard Chartered analysis shows that 45% of this fall was driven by valuation losses as the dollar gained globally, while 30% was driven by two sell/buy swap auctions of $10 billion conducted by the Reserve Bank of India in… Read full article
As per the prior analysis, NZD/USD Price Analysis: The bears are taking over and trying to move towards a 50% mean reversion, the price did indeed mee Read full article
The GBP/JPY pair has attracted some bids in the early Asian session after slipping to near 160.30 on higher-than-expected Jibun Bank Japan’s Manufactu Read full article
The price is making it's way higher within the correction of the weekly chart's bearish impulse. Having already mitigated some of the price imbalance Read full article
Gold (XAU/USD) struggles for clear directions as it retreats from a two-week high during a lackluster Asian session on Tuesday. That said, the preciou Read full article
The GBP/USD pair is oscillating in a narrow range of 1.2560-1.2593 in the early Tokyo session as investors are awaiting the release of the Purchase Ma Read full article
USD/JPY renews intraday low around 127.70 as market’s in Tokyo opens for Tuesday’s trading. In doing so, the yen pair portrays the market’s anxiety be Read full article
The US dollar is under pressure and the euro has caught a bid on a combination of the market's pivot towards the European Central Bank and refreshed h Read full article
USD/CAD picks up bids to renew daily top surrounding 1.2800, after the biggest daily fall towards testing a fortnight low. In doing so, the Loonie pai Read full article
The AUD/NZD pair has witnessed a lack of follow-up buying action in the early Tokyo session after Statistics New Zealand reported negative quarterly R Read full article
I thought FX traded 24 hours during the week until 5:00PM ET on Friday. However, it looks like there isn’t any movement after 4:30PM ET today on GBP/USD. Is there a break until 6:00ET? Read full article
The AUD/JPY records minimal losses of 0.18% as the Asian session begins. On Monday, the cross recorded gains close to 0.90%, on a positive market mood Read full article
AUD/USD holds lower ground near the intraday low after downbeat Australia activity data allowed the bulls to take a breather after refreshing two-week Read full article
NZD/USD stands on slippery grounds, snapping a three-day uptrend at a fortnight top, as New Zealand’s (NZ) Q1 2022 Retail Sales disappoints Kiwi bulls Read full article
The US dollar index (DXY) is moving sharply lower as positive market sentiment has underpinned the risk-perceived currencies and safe-haven assets are Read full article
Gold price (XAU/USD) has delivered a four-day winning streak after displaying a bullish reversal at around $1,800.00 last week. The precious metal is Read full article
USD/CHF refreshed its monthly low to 0.9627, before consolidating losses near 0.9658, as the US dollar extends the previous week’s losses amid firmer Read full article
The price is making it's way higher within the correction of the weekly chart's bearish impulse. Having already mitigated some of the price imbalance Read full article
At 1.0687, the single currency is 1.2% higher on the day, rising from a 1.0556 low to a fresh corrective high of 1.0697. EUR/USD bulls have stayed the Read full article
The New Zealand dollar advances for the third straight day and begins the week on a higher tone, benefitted by a positive market mood, reflected by gl Read full article
The price is breaking out of the downward trend in a rising wedge formation. While this is typically regarded as a bearish continuation chart pattern, Read full article
The USD/CAD pair is falling gradually lower after facing multiple failed attempts while attacking the round-level barricade of 1.2800 on Monday. The a Read full article
GBP/USD’s short-term bullishness looks like a selling opportunity – the currency pair has been extending its gains, somewhat influenced by the strengt Read full article
The USD/JPY edges lower and records minimal losses of 0.01% in the North American session, courtesy of a positive mood and a weaker greenback. At the Read full article
What you need to take care of on Tuesday, May 24: The greenback weakened on the first trading day of the week, amid a better market mood. US President Read full article
The EUR/USD is soaring and is closing to the 1.0700 mark, courtesy of the greenback trading in a softer tone, an upbeat market sentiment, and an addit Read full article
Hawkish interest rate guidance from European Central Bank President Christine Lagarde, who signaled that the bank is likely to have lifted interest ra Read full article
The British pound is extending its recovery after posting its first weekly gain in five and begins the beginning week on the right foot on Monday. At Read full article
After a short-lived recovery on Friday, the USD/CHF resumed the downside on Monday. Recently it printed a fresh monthly low at 0.9626. It is hovering Read full article
The USD/MXN continued its decline on Monday and dropped to 19.77, reaching the lowest level since April 19. The outlook points to a test of the year- Read full article
The Fed's annual Survey of Household Economics and Decisionmaking showed that just 24% thought national economic conditions were good or excellent. Read full article
Over the past five days, the New Zealand dollar is the second-best performing G10 currency after the Swiss franc. The guidance from the Reserve Bank o Read full article
EUR/USD pushes higher and prints new May peaks just ahead of the 1.0700 mark on Monday. Considering the pair’s ongoing price action, the continuation Read full article
The NZD/USD pair prolonged its recent strong recovery from a nearly two-year low touched earlier this month and gained traction for the third successi Read full article
NZD/USD continues its strong upward advance, threatening to reach the May high at 0.6556/68. However, while below here, economists at Credit Suisse st Read full article
The USD/CAD pair came under some renewed selling pressure on Monday and dropped to over a two-week low, around the 1.2770 region amid broad-based US d Read full article
GBP/USD looks likely to see a deeper corrective recovery. Nonetheless, the broader view of the Credit Suisse analyst team stays bearish, with key resi Read full article
EUR/CHF’s decline has paused around the 55-day moving average (DMA) at 1.0278. Nevertheless, analysts at Credit Suisse stay oriented lower and expect Read full article
EUR/USD has held key support at 1.0341 and daily MACD has turned higher. Furthermore, the break above 1.0642 confirms a base and analysts at Credit Su Read full article
GBP/USD is on Monday benefitting from a wave of US dollar weakness and was last trading in the upper 1.2500s, its highest levels in more than two week Read full article
GBPUSD is trading near 1.2560, having added 3.3% to the monthly lows of May 13. We see a smooth recovery in the Pound from those lows, which is also i Read full article
