EUR/USD slips to near 1.1310 as the flash Eurozone PMI data surprisingly contracted in May. US President Trump warns that Russia could avoid ending the…
USD/CAD trades in negative territory near 1.3855 in Thursday’s early Asian session. Worries about a ballooning US deficit weigh on the US Dollar. The advanced…
USD/JPY extended its decline following the broad decline in USD. USD/JPY was last at 143.74 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.…
Silver, Platinum and Palladium initially rose after the tariff announcement yesterday, but subsequently also came under pressure in the wake of Gold, Commerzbank’s commodity analyst…
Further Euro (EUR) weakness is not ruled out vs US Dollar (USD); oversold conditions suggest any decline could be limited to a test of 1.1185.…
Euro (EUR) is under mild downward pressure against the US Dollar (USD) and is likely to edge lower; any decline is likely limited to a…
The US JOLTS data will be watched closely ahead of the release of the April employment report on Friday. Job openings are forecast to edge…
The Indian Rupee furthers its upward move in Friday’s Asian session. Positive developments in the trade talks and continued foreign inflows support the INR. Escalating…
The fact that Silver cannot keep pace with gold is explained by the importance of industrial demand, which is developing less dynamically than previously expected,…
EUR/GBP trades near the 0.8600 zone after easing modestly post-European session. Momentum indicators send mixed signals, but moving averages remain aligned to the upside. Support…