US DOLLAR HOLDS STEADY AS FOCUS SHIFTS TO THE FED DECISION The US dollar was relatively unchanged against other currencies as investors reflected on the latest US inflation numbers and the flattening yield curve. Data published by the Bureau...
US DOLLAR HOLDS STEADY AS FOCUS SHIFTS TO THE FED DECISION The US dollar was relatively unchanged against other currencies as investors reflected on the latest US inflation numbers and the flattening yield curve. Data published by the Bureau...
USD/CAD CLIMBS FURTHER BEYOND MID-1.2700S AMID STRONGER USD, RETREATING OIL PRICES A combination of supporting factors pushed USD/CAD to a near one-week high on Monday. Hawkish Fed expectations acted as a tailwind for the USD and provided a goodish...
EUR/USD: BREAK BELOW 1.1186/68 TO OPEN UP THE 1.1019/02 ZONE – CREDIT SUISSE EUR/USD remains in its tight converging range above the 1.1186/68 price support from June 2020. An eventual break below 1.1168 should confirm a resumption of the...
DOW JONES RETREATS AHEAD OF US INFLATION DATA The British pound is hovering near its lowest level in more than a year ahead of the latest UK GDP numbers that will come out at 9:00 GMT. The numbers are...
GLOBAL STOCKS RETREAT AS THE EVERGRANDE CRISIS MOUNTS The price of crude oil declined slightly even after the United States moved to tighten enforcement of sanctions against Iran. According to the Wall Street Journal, the State Department will send...
USD/JPY STEADILY CLIMBS TO 113.75-80 AREA, FRESH DAILY HIGH AHEAD OF US CPI USD/JPY gained some positive traction on Friday amid a modest USD strength. Hawkish Fed expectations, rising US bond yields acted as a tailwind for the USD....
EUR/USD EBBS LOWER AFTER FAILING TO RECLAIM 1.1300 LEVEL, US CPI IN FOCUS EUR/USD has been ebbing lower since a failed attemtp to move back above 1.1300 as US inflation data is eyed. Analysts suggested pre-data USD strength suggests...
EURO RETREATS AS FRANCE UNVEILS NEW COVID RESTRICTIONS The euro declined slightly on Tuesday after France announced a series of Covid restrictions. Some of these restrictions include shutting all bars for the next 30 days. Also, students will be...
EUR/USD PRICE ANALYSIS: REBOUND REMAINS CAPPED BELOW 21-DMA EUR/USD rises for the first time in three days but 21-DMA offers stiff resistance. Falling Treasury yields keep EUR bulls hopeful amid a quiet session. The EUR bulls need to defend...
USD/JPY REMAINS ON THE DEFENSIVE BELOW MID-113.00S, DOWNSIDE SEEMS CUSHIONED A combination of factors prompted some selling around USD/JPY on Wednesday. Reviving safe-haven demand underpinned the JPY and exerted some pressure. Retreating US bond yields weighed on the USD...