NZD/USD rises toward 0.5894, snapping a two-day losing streak while holding within weekly range. Stronger NZ Business PMI and higher RBNZ inflation expectations support the…
The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It expects growth of 740 thousand and…
NZD/USD gains ground as RBNZ Inflation Expectations rose to 2.29% quarter-over-quarter in Q2, up from 2.06% prior. The risk-sensitive NZD has found support amid easing…
GBP/USD gains ground as the US Dollar remains under pressure amid persistent trade-related uncertainties. Washington may lean toward a weaker dollar to advance its trade…
The Australian Dollar strengthened as improving global trade sentiment lifted risk appetite. Australia’s Employment Change report showed 89,000 new jobs added in April, significantly exceeding…
WTI price drifts lower to around $61.55 in Thursday’s early Asian session. Oil inventories rose by 3.454 million barrels in the week ended May 9,…
US Federal Reserve (Fed) Vice Chair Philip Jefferson said that recent inflation numbers suggest the Fed is still making headway toward its 2% target. However,…
The US jobs market has continued to cool, ING’s FX analyst Francesco Pesole notes. EUR/GBP to break below 0.840 ahead of EU-UK trade talks “There…
The US dollar has rallied rather significantly during the trading session on Monday as we kick off the week on a risk on type of…
After going into the weekend with lows near 18.41000, the USD/MXN produced higher values yesterday bringing the currency pair back to levels seen since mid-April.…