USD/CHF tests round-level support at 0.8400 after softer-than-expected US CPI data for April. The US Dollar Index (DXY) retraces to 101.30, pressured by cooling inflation…
The US Dollar (USD) is trading softly against a narrow set of G10 currencies but holding on to the bulk of its recent gains as…
The Euro (EUR) is trading flat vs. the US Dollar (USD) and consolidating around 1.11 into Tuesday’s NA session, Scotiabank’s Chief FX Strategist Shaun Osborne…
The Pound Sterling faces pressure against its peers due to new data showing the UK labor market is cooling. Soft UK labor market data paves…
Mexican Peso edges higher as markets adopt a risk-on tone before key macro events affecting the USD/MXN pair. The US CPI report due Tuesday is…
Bearish view Sell the GBP/USD pair and set a take-profit at 1.3100. Add a stop-loss at 1.3300. Timeline: 1-2 days. Bullish view Buy the GBP/USD…
Here is what you need to know on Tuesday, May 13: The US Dollar (USD) retreats slightly in the European morning on Tuesday after posting…
USD/CHF weakens as the US Dollar retreats, likely driven by a technical correction. US headline CPI is expected to recover to 0.3% MoM in April,…
EUR/USD may come under renewed pressure as the US Dollar remains supported by encouraging developments in US-China trade talks. The US and China have reached…
The Australian Dollar depreciated as the US and China reached a preliminary agreement to significantly reduce tariffs after Geneva talks. Australia’s Westpac Consumer Confidence Index…