Oil prices declined after reports emerged that OPEC+ is considering a major output increase in June, while Kazakhstan resists further production cuts to compensate for…
EUR/USD edged lower toward the 1.14 mark, as the broader USD staged a modest rebound across the G10 space, Danske Bank’s FX analysts report. Buy-the-dip…
The Australian Dollar retraces its losses registered in the previous session. Australia’s Judo Bank Purchasing Managers Index indicated that private sector activity grew for the…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published…
Before the Easter break, the BoC held the policy rate at 2.75% as expected by markets and the majority of analysts, Danske Bank’s FX analysts…
Prior to Easter, EUR/GBP rose on the soft inflation data for March only partly reversed since then on a dovish ECB, Danske Bank’s FX analysts…
Euro (EUR) is up an impressive 1.25% against. the US Dollar (USD) and outperforming all of the G10 currencies with the exception of Swiss Franc…
Axis Bank Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 3. Position: Navy Blue Wave 1. Direction next lower degrees: Orange Wave 4. Details: Orange wave 2…
Bank of Canada (BoC) is expected to keep its policy rate unchanged. The Canadian Dollar has been persistently appreciating vs. the US Dollar. Headline inflation…
Bank of Japan Governor Kazuo Ueda said early Wednesday that the central bank may need to take policy action if US tariffs hurt the economy, per…