Here is what you need to know on Tuesday, May 20: The Reserve Bank of Australia (RBA) and the People’s Bank of China (PBoC) announced…
AUD/USD trades near 0.6455, up 0.80% on the day amid broad US Dollar weakness. Moody’s downgrade of the US credit rating weighs on the Greenback.…
The US dollar has pulled back just a bit against the Swiss franc during the trading session on Thursday as we continue to consolidate in…
The US dollar initially pulled back just a bit against the Canadian dollar during the trading session on Wednesday, testing the 1.39 level, but we…
The Euro has rallied against the Swiss franc during trading on Wednesday as we are now above the 50 Day EMA, which is an indicator…
USD/CAD softens to around 1.3975 in Thursday’s early Asian session. US April CPI inflation came in cooler than expected, weighing on the US Dollar. Fed…
The Mexican Peso strengthens as US-China tariff pause boosts risk appetite; USD retreats after a rally on policy shift rumors. Banxico set to cut rates…
USD/CAD trades near 1.3975, approaching the 50-day EMA at 1.4030. Daily RSI holds above 52, price structure points to potential breakout. 4-hour chart shows higher…
USD/JPY drops below 148.00 as softer US CPI data fuels a dovish shift in Fed rate expectations. US Dollar loses ground as Treasury yields fall;…
Today’s Gold Analysis Overview: Overall Trend for Gold: Bullish. Today’s Gold Support Levels: $3360 – $3320 – $3280 per ounce. Today’s Gold Resistance Levels: $3430…