USD/CHF reverses from 0.8250 highs, invalidating bullish engulfing pattern as sellers fade rally. RSI momentum favors bears; break below 0.8155 could expose 0.8100 and YTD…
GBP/USD rises modestly on Wednesday, trimming Tuesday’s decline. The UK was granted temporary relief from 50% US steel and aluminium tariffs. The US Dollar holds…
The USD is trading steady to a little softer overall in quiet trade. Global stocks are firmer while bonds are little changed in rather quiet…
The Euro (EUR) is entering Wednesday’s NA session unchanged against the US Dollar (USD), quietly consolidating in a tight range just below 1.14, Scotiabank’s Chief…
The US Dollar (USD) caught a bid across G10 FX yesterday as safe-haven flows took a breather amid improved risk sentiment, with the JPY, CHF,…
We have seen the US dollar rally pretty significantly during the course of the trading session on Tuesday as we have wiped out and engulfed…
Oil corrects lower following a 3.5% rally over the last two days. US Dollar’s recovery from six-week lows is weighing on Crude prices. Geopolitical tensions…
Gold price struggles to preserve modest Asian session gains, though the downside seems limited. Fed rate cut bets and US fiscal concerns should cap the…
The Japanese Yen attracts some buyers after refreshing weekly low during the Asian session. An upward revision of Japan’s Services PMI lifts BoJ rate hike…
USD/MXN trades sideways with prices stalling above 19.20. The Mexican Peso remains vulnerable to broader risk sentiment, capping USD/MXN losses. US inflation moderates, but the…