AUD/USD wobbles around 0.6500 as investors await the outcome of US-China trade negotiations. The outcome of US-China trade talks will provide certainty for the US…
United States (US) Commerce Secretary Howard Lutnick told reporters on Tuesday that trade talks with China are going well and added that he expects talks…
Examining FX performance from both a spot and total return perspective over the last month reveals a bloc of four currencies that stand out. These…
EUR/CAD may break above the descending channel, which could cause the emergence of a bullish bias. The 14-day Relative Strength Index remains below the 50…
Pound Sterling (GBP) continued to hover near recent highs amid broad US Dollar (USD) softness while Euro (EUR)’s rally had spillover effects. Pair was last…
Sterling is fractionally softer on this morning’s UK labour market data for April and May, ING’s commodity experts Ewa Manthey and Warren Patterson note. BoE…
China’s central bank added Gold to its reserves for a seventh consecutive month in May. The People’s Bank of China added 60,000 troy ounces of…
European Central Bank (ECB) policymaker Olli Rehn said on Tuesday, “we will take decisions meeting by meeting.” Further comments Must avoid complacency over inflation outlook.…
Eurozone investors’ morale bolstered in June. EUR/USD stays offered at around 1.1400 after the Eurozone data. The Eurozone Sentix Investor Confidence Index jumped sharply to 0.2 in June…
The US Dollar wavers above 0.8200, not far from multi-week lows. FX markets are moving sideways, with investors awaiting news from the US-China meeting. Trump’s…