Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data…
Durable Goods Orders in the US declined less than expected in April. The US Dollar Index stays in positive territory above 99.00. Durable Goods Orders…
Scope for US Dollar (USD) to weaken further vs Japanese Yen (JPY); any decline is likely part of a lower range of 142.10/143.45. In the…
The S&P Global advanced May PMIs are expected to show a slight dip in the manufacturing sector. Markets expect the Federal Reserve to cut rates…
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…