NZD/USD drifts lower on Wednesday amid a modest USD bounce from a multi-month low. China’s economic woes and escalating US-China trade tensions further undermine the…
Gold price struggles to build on the overnight move up, though the downside seems limited. A modest USD bounce from a multi-month low and a…
USD/CHF gains ground to around 0.8840 in Wednesday’s early European session. The renewed US Dollar demand provides some support to the pair ahead of US…
USD/MXN consolidates in a range above the monthly low touched earlier this week. The technical setup favors bearish traders and supports prospects for further losses.…
EUR/USD weakens to around 1.0900 in Wednesday’s Asian trading hours. Renewed USD demand weighs on the major pair. Traders will take more cues from the…
The Indian Rupee strengthens in Wednesday’s Asian session. The likely RBI intervention and softer US Dollar underpin the INR. The Indian and US CPI inflation…
USD/CAD gains ground as traders adopt caution ahead of the US CPI data. The Bank of Canada is widely anticipated to deliver a 25 basis…
GBP/USD retreats from a multi-month top amid some repositioning ahead of the US CPI. Bets that the Fed will cut rates further amid recession fears…
NZD/USD struggles amid broad risk aversion, driven by policy shifts from US President Donald Trump. The New Zealand Dollar faces headwinds as deflationary pressures in…
EUR/USD rose 80 pips, or 0.76%, on Tuesday. Fiber markets have evaded the worst of the US’s ongoing tariff spat. Key US data dominates the…