USD/CHF softens to around 0.8335 in Tuesday’s early European session. Economic uncertainty and Fed rate cut bets weigh on the US Dollar. SNB’s Schlegel warns…
NZD/USD holds losses after the People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. Traders evaluated mounting inflationary pressures in…
The Australian Dollar holds losses after People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. The Reserve Bank of Australia…
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…
Silver price may rise following Moody’s decision to downgrade the US credit rating by one notch. The grey metal has faced downward pressure due to…
USD/CAD ticks higher on Monday as softer Oil prices undermine the commodity-linked Loonie. A downgrade of the US credit rating and Fed rate cut bets…
The Canadian Dollar stuck to familiar territory on Friday. The Loonie is trapped in a hard congestion zone against the Greenback. CAD traders forced to…
The pair trades around 0.5890, snapping a two-day losing streak on stronger NZ inflation expectations and upbeat PMI. US sentiment dropped sharply, while soft inflation…
EUR/USD is slightly higher to near 1.1200, while the US Dollar flattens ahead of US Michigan survey data. US consumer and producer inflation, and Retail…
The US Dollar trades steady lower on Thursday despite a slew of key US economic data released. Traders see Fed Chairman Powell not commenting on…