The Aussie dollar has shown itself to be somewhat hesitant near that crucial 0.6550 level that I’ve been talking about. The market continues to see…
Gold tried to rally significantly during the trading session on Wednesday but gave back gains as we continue to see a lot of noisy trading…
Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump’s ability to cut significant trade deals.Recent Fed-ECB divergence is…
We initially fell during trading on Wednesday only to show signs of strength yet again as CPI in the United States came out weaker than…
EUR/JPY claws back early losses and turns higher to near 166.60 as the Euro outperforms. ECB officials have signaled that the monetary-easing cycle has come…
The Euro rose during the trading session on Wednesday as we continue to pay close attention to resistance above. We had weaker than anticipated CPI…
The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank’s Chief FX Strategist…
The Euro rallied significantly against the Japanese yen during the trading session on Wednesday as we continue to see more of a move into risk…
US-EU deal is achievable; it may come after 9 July, but tariff reprieve is likely to be extended. EU likely to consider unilateral tariff cuts…
The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run, Increase in momentum is not…