GBP/USD holds gains near 1.3616, the highest since February 2022. US Nonfarm Payrolls is expected to have added 130,000 jobs in May. GBP receives support…
NZD/USD could weaken as easing US trade tensions lend support to the US Dollar. Trump signaled potential trade deals with India, Japan, and South Korea,…
The US Dollar Index trades slightly higher above 100.00 ahead of key labor data. Momentum remains fragile despite modest intraday strength. Manufacturing activity softens, jobless…
EUR/USD remains confined within the 1.13-1.14 range, as has been the case for most of the second half of April, Danske Bank’s FX analysts report,…
The US dollar has continued to rebound ahead of tomorrow’s nonfarm payrolls report for April. It has resulted in the dollar index rising back above…
The major currency rates have remained relatively stable overnight following on from last week’s modest rebound for the US dollar. It brought an end to…
The Greenback is partially recovering lost ground against most major peers. Focus shifts now to the Nonfarm Payrolls and Fed Chairman Jerome Powell speaking. The…
Varied reaction in FX markets with open trade, growth-sensitive FX such as CNH, KRW, SGD, MYR and THB under some pressure post-tariff announcement. DXY was…
The US Dollar Index depreciates as market expectations grow for more aggressive Fed rate cuts amid US growth concerns. President Trump exempted Mexican and Canadian…
The downtrend in the US Dollar gathered extra steam on Wednesday, fuelled by concerns over the US economy and some renewed hopes that the Trump…