NZD/USD declines as the New Zealand Dollar comes under pressure from deepening deflationary concerns in China. The NZD weakened amid escalating global trade tensions after…
Further sideways trading seems likely; probably between 7.2300 and 7.2530. In the longer run, downward pressure remains intact; should USD break below 7.2260, the next…
AUD/JPY struggled as the Bank of Japan is widely expected to raise rates further this year. The BoJ’s hawkish stance is reinforced by a 1.8%…
EUR/USD weakens to around 1.0830 in Monday’s early European, down 0.15% on the day. The positive bias of the pair prevails above the 100-day EMA,…
Gold price extends its sideways consolidative price move during the Asian session on Monday. Worries about Trump‘s trade policies and Fed rate cut bets continue…
Federal Reserve (Fed) Chair Jerome Powell stuck to his cautious guns on Friday, warning that policy uncertainty makes it difficult for the Fed to enact…
DXY plunges further, losing over 3.5% this week. February’s Nonfarm Payrolls miss expectations and the unemployment rate rises. Fed officials signal multiple rate cuts in…
GBP/USD: Outlook for GBP remains positive – UOB Group Strong momentum appears to be slowing; Pound Sterling (GBP) is likely to trade in a 1.2850/1.2925…
EUR/JPY weakens to near 159.40 in Friday’s early European session. The negative view of the cross remains intact, but further consolidation cannot be ruled out. …
GBP/USD steadies around 1.2900 as traders adopt caution ahead of US Nonfarm Payrolls GBP/USD holds little gains after registering losses in the previous session, trading…