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The Australian dollar is down sharply and has fallen to a three-week low. In the European session, AUD/USD is trading at 0.6491, down 0.66%.Australia’s Retail Sales Rise 0.3%Australia’s...
The GBP/USD pair is currently consolidating, hovering around the 1.2631 mark. This consolidation phase follows recent reports highlighting a slowdown in the expansion plans of British businesses for...
The reversal of the Bank of Japan's monetary policy tightening at the beginning of March not only failed to reverse, but also added to the Yen's weakening trend. The systematic pressure on the...
Bearish: Currently we are at 1.2618 in a channel in a range. We are looking to continue to the ATR target @ 1.2560 with a further 1.618 Fibo target @ 1.2542 area. Watch the USDX for direction....
The Japanese yen has edged higher on Wednesday. In the European session, USD/JPY is trading at 151.17, down 0.26%.Yen Falls to 34-year Low, Will Tokyo Intervene?The Bank of Japan raised interest rates...
The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...
The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index (CPI) data...
The Japanese yen continues to have a quiet week. In the North American session, USD/JPY is trading at 151.36, down 0.03%.BoJ core inflation eases to 2.3%Bank of Japan core inflation fell to 2.3% in...
Swiss Central Bank surprised markets by cutting interest rates last week. Meanwhile, the Fed did not indicate when it may start cutting rates. Amid, these moves by the central banks, the USD/CHF pair...
The USD/JPY pair stabilised around 151.35 by Tuesday, not far from its recent peaks, as the weakness of the Japanese yen has prompted verbal interventions from Japanese authorities. Japan's Finance...
· GBP/USD finds support at uptrend line · But short-term outlook remains neutral · MACD and RSI are mixed GBP/USD rebounded off the 200-day simple moving average (SMA), which...
US dollar strengthens amidst positive economic data, eyes critical resistance levels Federal Reserve's rate cut expectations challenge dollar's rally Japanese yen faces pressure as USD/JPY approaches...
The Canadian dollar has extended its losses on Friday. USD/CAD is trading at 1.3569 in the North American session, up 0.29%.Canada’s Retail Sales Slip in JanuaryCanada’s retail sales fell...
Dollar recovers after Fed selloff, turns to PCE inflationYen falls despite rate increase, testing three-decade lows Quarter-end flows could disturb the waters in a quiet week Dollar stages recovery...
· GBP/JPY may rest near 190.00 round number · MACD and RSI confirm bearish retracement · Broader outlook looks strongly bullish GBP/JPY is retreating after the pullback off the...