FXStreet16m
AUD/USD outlook: US CPI data in focus
AUDUSD remains in red for the fourth straight day, but bears slowed on Wednesday and action holding within a narrow range just above three-month low. Technical studies remain bearish on daily chart ...
FXStreet36m
USD/SGD: Slight risk to the upside – OCBC
USD/SGD inched higher, tracking moves in broad US Dollar (USD). Pair was last at 1.3380 levels, OCBC’s FX analysts Frances ...
Crude Oil trades stuck at $68 level ahead of API stockpile data
OPEC’s fourth downside revision for global Crude Oil demand is just a drop on a hot plate. Crude Oil trades broadly flat on Wednesday after an attempt on Tuesday to bounce off a supportive floor level ...
EUR/CAD finds interim support near 1.4800, downside bias stays afloat
EUR/CAD gauges a temporary cushion near 1.4800, however, more downside looks likely. The ECB is expected to reach a neutral ...
New forecasts following US election – ABN AMRO
EUR/USD has found fresh demand and marches toward 1.0650 in European trading on Wednesday. The pair capitalizes on renewed US Dollar retreat but the further upside appears capped amid Germany's ...
Australian Dollar eyes employment data
Australia releases the October employment report on Thursday. The economy is expected to have added 25 thousand jobs, after a sparkling 64.1 thousand gain in September, most of which was full-time ...
FXStreet1h
USD/CNH: Policymakers attempt to slow pace of depreciation – OCBC
USD/CNH traded higher but eased post CNY fix. Pair was last at 7.2236, OCBC’s FX analysts Frances Cheung and Christopher Wong ...
EUR/USD: Heavy downward bias on the day – OCBC
EUR/USD has found fresh demand and marches toward 1.0650 in European trading on Wednesday. The pair capitalizes on renewed US Dollar retreat but the further upside appears capped amid Germany's ...
US CPI will be relevant but forward looking inflation forecasting more important given Trump win
US Oct CPI later is expected to tick up from 2.4% to 2.6% on YoY basis but economists are more interested in longer term ...
DXY: Stays bid on the day – OCBC
“Tariff risk and Trump policy uncertainty may continue to keep USD supported on dips. Daily momentum is bullish while RSI rose. Near term risks skewed to the upside. Resistance here at 106.20, 106.50 ...
US bond yield differentials drive USD’s post-election strength – DBS
The USD’s post-election strength has been driven by widening US bond yield differentials against its counterparts because of US inflation worries over Trump’s plans for blanket tariffs, mass ...
Dollar Index outlook: Bulls reduce speed ahead of US inflation data
Recent strong bullish acceleration after the dollar was lifted by US election results (so-called Trump trades) has slowed, as markets look for fresh signals from CPI numbers which will subsequently ...