NZD/USD holds ground after the release of food inflation data in New Zealand. New Zealand’s Food Price Index rose 4.4% YoY in May, from April’s…
The EUR/USD holds firm above 1.1550 as the US Dollar Index (DXY) slips back below 98.00. Weak Empire State Manufacturing Index deepens Dollar pressure; Eurozone…
The Dollar loses ground on Monday on declining demand for safe assets. Fresh concerns about the US-China trade deal are undermining the US Dollar. Higher…
Overview In our previous update from May 20th, we found that for the Semiconductor Index (SOX) based on the Elliott Wave (EW) Principle, “Assuming five…
Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump’s ability to cut significant trade deals.Recent Fed-ECB divergence is…
US Dollar Index slumps to near 98.35 in Thursday’s early European session, losing 0.26% on the day. The negative outlook of the index remains in play below…
The US Dollar Index depreciates amid rising odds of the Fed rate cut in September. The US Consumer Price Index climbed 2.4% YoY in May,…
The US-China deal fails to provide any significant support to the US Dollar. The lack of details about the agreement has triggered some scepticism among…
US Dollar Index receives support from easing tariff tensions between the United States and China. The US Consumer Price Index may increase by 2.5% YoY…
US Consumer Price Index set to show May inflation uptick, supporting Federal Reserve’s cautious tone
The US Consumer Price Index is expected to rise 2.5% YoY in May, at a stronger pace than it did in April. The annual core…