NZD/USD steadies as traders digest inflation data from New Zealand and escalating EU-US trade tensions. The Kiwi benefits from US Dollar weakness despite softer than…
The Australian Dollar receives support from the cautious tone surrounding RBA’s policy outlook. RBA’s Bullock stated that elevated unit labor costs and weak productivity could…
The Japanese Yen attracts buyers as the upbeat data reaffirms BoJ rate hike bets. US fiscal concerns undermine the USD and further weigh on the…
Unfortunately, there is currently only one major topic on the foreign exchange market: the US Dollar (USD). And the storm clouds seem to be gathering.…
The Australian Dollar fell after Retail Sales came in at a 0.2% rise MoM in May, against the expected 0.4% increase. The AUD may regain…
USD/JPY softens to near 143.85 in Monday’s Asian session, down 0.53% on the day. Expectations for earlier Fed interest rate cuts undermine the US Dollar. …
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…
EUR/GBP extends the rally to around 0.8525 in Friday’s early European session. Weak UK employment data boosts BoE rate cut bets, weighing on the Pound…
EUR/GBP strengthens to near 0.8495 in Thursday’s early European session, up 0.27% on the day. UK GDP contracted 0.3% MoM in April, weaker than expected.…
The Japanese Yen attracts safe-haven flows amid trade uncertainties and rising geopolitical tensions. The divergent BoJ-Fed policy expectations undermine the USD/JPY pair amid a broadly…