EUR/GBP rose sharply last week fuelled by the sell-off in European fixed income, which was triggered by the outlook of a fundamental change in fiscal…
Euro (EUR) is likely to trade sideways between 1.0800 and 1.0890 vs US Dollar (USD). In the longer run, uptrend remains intact, but it is…
USD/CAD may appreciate due to persistent trade uncertainties following China’s 100% tariff on Canadian imports. Canadian Prime Minister Mark Carney may call an early election,…
The Indian Rupee weakens in Monday’s Asian session. Ongoing outflows from Indian stocks and the threat of a global trade war undermine the INR. Lower…
NZD/USD holds losses due to market caution ahead of the release of China’s trade data on Friday. Trump exempted Mexican and Canadian goods under the…
While the magnitude of the move was surprising, there is no doubt about the cause of the explosion in the goods trade surplus in January,…
GBP/USD rally stalls near 1.2900 as trade war fears weigh on traders The rally in the Pound Sterling stalled after sustaining three straight days of…
The US Dollar is facing its worst week in over one year. Traders pull their money out of the Greenback and into domestic currencies. The…
The Australian Dollar holds steady after the release of key domestic economic data. Australia’s trade surplus increased to 5,620M in January, exceeding the forecast of…
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange diplomat, said on Thursday that the officials are seeing an increase in…