The Euro (EUR) is weak, down 0.6% and fully retracing Thursday’s ECB (and US PPI)-driven rally, fading back to the psychologically important 1.15 level. Medium-term…
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,…
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US…
Silver retreats 0.87% as RSI signals overbought market conditions. US CPI miss boosts rate cut bets but fails to support metals. Key support lies at…
The Swiss Franc rises for the third straight session, with USD/CHF down nearly 0.70% intraday. Switzerland’s Q1 GDP beat forecasts with 0.5% QoQ growth, while…
The US Dollar (USD) is trading lower overall on the day, after easing back from its overnight peaks against the major currencies as global stocks…
Pound Sterling (GBP) is soft, down 0.15% against the US Dollar (USD) while showing relative outperformance against the G10 currencies, Scotiabank’s Chief FX Strategist Shaun…
The Indian Rupee steadies in Tuesday’s Asian session. A weaker US Dollar and stronger Chinese Yuan could support the INR, but RBI rate cut bets…
Indian Rupee trades flat in Monday’s Asian session. Mounting concerns about US fiscal health and weaker US Dollar support the INR. RBI rate cut bets…
NZD/USD eases toward 0.5910 on Tuesday, trimming Monday’s gains China’s latest rate cut fuels demand concerns, weighing on the China-linked Kiwi Kiwi holds above the…