EUR/USD slides on ECB dovish bets, firm US Dollar ahead of US inflation
EUR/USD extends its downside around the psychological support of 1.0500 in Wednesday’s European session. The major currency pair weakens...
Forex
AUD/USD seems vulnerable near YTD low, around mid-0.6300s ahead of US CPI
The AUD/USD pair remains under some selling pressure for the second straight day on Wednesday and drops to the 0.6340...
Chart of The Day – USDIDX
The US Dollar Index faces a critical juncture ahead of Wednesday’s CPI data, with market expectations tilted toward persistent...
EUR/USD slides on ECB dovish bets, US inflation in focus
EUR/USD slides to near 1.0530 in Tuesday’s European session as investors turn cautious ahead of the European Central Bank (ECB) monetary...
Mexican Peso dips with the Dollar firming up ahead of US CPI data
The Mexican Peso (MXN) is drifting lower from the key 20.00 area weighed by a stronger US Dollar (USD)....
AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on...
Chart of The Day – AUD/USD
The Central Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35%, in line with market expectations....
EUR/GBP remains on the defensive below 0.8300 ahead of ECB rate decision
The EUR/GBP cross trades with mild gains around 0.8280 during the early European session on Tuesday. However, the upside...
EUR/USD: Above 1.0610 EUR is likely to move towards 1.0650 – UOB Group
Further sideways trading in Euro (EUR) seems likely, probably between 1.0525 and 1.0585. In the longer run, EUR has...
GBP/JPY rises above 193.00 due to uncertain expectations surrounding BoJ rate hike
GBP/JPY extends its gains for the second successive session, trading around 193.10 during the European hours on Tuesday. The...