AUD/USD bulls take a breather as triangle resistance caps gains at YTD high. Resilient PMI data and hawkish RBA comments drive AUD/USD to eight-month highs…
The Euro (EUR) is up a modest 0.2% against the US Dollar (USD) and attempting stabilization in the mid/upper-1.16s, supported by an improvement in the…
AUD/USD retreats amid renewed demand for safe havens ahead of Trump’s tariff deadline. AUD pressured by RBA cut expectations, while steady Fed policy underpins USD.…
USD/CAD rises as Fed Powell’s comments at the ECB Forum raise expectations of a rate cut in September. Fed Chair Powell: “As long as the…
Federal Reserve Chair Jerome Powell testified before Congress, emphasizing the Fed’s data-dependent approach. Israel-Iran ceasefire reduces demand for safe-haven assets, contributing to a weaker US…
The Dollar Index softens as Fed speakers signal a dovish tilt, while tensions in the Middle East rise. Fed speaker Michelle Bowman signals potential cut…
Gold price comes under renewed selling pressure despite a combination of supporting factors. A weaker risk tone and some follow-through USD selling do little to…
USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions. BoJ is expected to hold rates steady, limiting support…
US Consumer Price Index set to show May inflation uptick, supporting Federal Reserve’s cautious tone
The US Consumer Price Index is expected to rise 2.5% YoY in May, at a stronger pace than it did in April. The annual core…
The US Dollar trims some losses on a mild improvement in sentiment. The US Manufacturing PMI adds to evidence of the tariffs’ negative impact on…