EUR/USD trims some gains ahead of the Eurozone CPI release. The US Dollar remains unable to take distance from multi-week lows. US Manufacturing PMI confirmed…
New Zealand Dollar retreats below 0.5950 after rejection at the 0.6000 psychological area. The USD is witnessing short-covering ahead of the US PCE Prices Index…
EUR/USD trims gains as the US Dollar finds support ahead of the PCE inflation data release. A US federal court reversed the previous day’s sentence…
The US Dollar is giving away gains as the enthusiasm for the tariff ban wanes. – Investors are growing cautious with all eyes on the…
GBP/USD softens to near 1.3435 in Thursday’s early European session. The federal trade court struck down Trump’s reciprocal tariffs, supporting the US Dollar. Odds of…
USD/CAD drifts higher to around 1.3835 in Thursday’s early Asian session. Fed is well positioned to wait for more clarity on inflation and the economy,…
EUR/GBP trades flat around 0.8390 in Tuesday’s early European session. Optimism surrounding the EU-US trade deal could support the Euro in the near term. Stronger-than-expected…
The Australian Dollar remains stronger as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May, meanwhile, Services PMI declines…
USD/CAD weakens to around 1.3950 in Tuesday’s early Asian session. Moody’s downgrades the US credit rating to ‘AA1’, weighing on the US Dollar. A dovish…
AUD/USD struggles to gain any meaningful traction amid mixed fundamental cues. A weaker risk tone caps the Aussie, though a weaker USD lends support to…