The market was clearly concerned that the US CPI numbers might have been worse, as evidenced by the drop in yields following a broadly consensus outcome (though slightly different from the whisper ...
NZD/USD drops to over a three-month low as the USD buying remains unabated. The Trump trade optimism and elevated US bond ...
The Australian Dollar (AUD) is expected to edge lower, possibly reaching 0.6460. The major support at 0.6440 is likely out of ...
EUR/USD is trading near 1.0550 in the European session on Thursday, sitting at the lowest level in a year. The Trump trades-driven relentless US Dollar buying and German political instability weigh on ...
Weakness in GBP has not stabilised, but the major support at 1.2665 could still be out of reach for now. In the longer run, downward momentum has surged; the next technical target is at 1.2665, UOB ...
The Euro (EUR) could drop below the 1.0555 low; deeply oversold conditions suggest 1.0500 is unlikely to come under threat. In the longer run, EUR is still expected to weaken; the 1.0500 level may not ...
Australia’s seasonally adjusted unemployment rate came in unchanged at 4.1% in Oct, in line with the consensus estimate, UOB Group’s economist Lee Sue Ann notes. “The unemployment rate held steady at ...
German political chaos and concerns over Trump’s protectionist tariffs weigh on the Euro.
EUR/CAD extends its losing streak to a fifth consecutive session, trading near the 1.4770 level during early European trading hours on Thursday. Daily chart technical analysis points to waning ...
EUR/USD sinks to near 1.0530 as the US Dollar extends its rally as Republicans win both houses in the US. The US inflation accelerated expectedly in October, which boosted expectations of an interest ...
The US dollar has climbed to multi-month highs again even as the Fed is on an easing path, benefiting from a variety of supporting factors that continue to propel its strength.
President Trump’s clean sweep at last week’s election has been confirmed with the Republicans winning the House. This was expected; however, it gave the Dollar a boost overnight, and GBP/USD sunk ...