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Forex
EUR/USD posts modest gains near 1.0850 on stronger PMI, weaker US Dollar
EUR/USD trades with mild gains near 1.0850 in Monday’s early Asian session.
The stronger US data and the Fed’s hawkish stance might lift the USD and cap the…
AUD/USD gathers strength above 0.6630 on weaker US Dollar
AUD/USD kicks off the new week on a positive note around 0.6632 on Monday.
The US Durable Goods Orders came in better than expected; the UoM Consumer…
EUR/GBP recovers to 0.8530 as ECB Schnabel disagrees with rate cuts in July
EUR/GBP rebounds to 0.8530 as ECB Schnabel doubts over rate cuts in July.
The Euro has strengthened due to strong preliminary Eurozone PMI data for May.…
GBP/USD Price Analysis: Subdued despite climbing above 1.2700
GBP/USD jumps above 1.2700 on softer US data, yet the pair remains sideways.
Key resistance emerges at 1.2761, 1.2800, and the YTD high near 1.2900.…
USD/THB challenges the 20-day SMA, as the Dollar holds steady
The USD/THB modestly advances in Friday’s session standing near 36.63.
Fed officials exercising caution against premature policy easing limits further…
Crude Oil pares losses, WTI rebounds into congestion on Friday
WTI bounced back above $77.50 in broad market sentiment rebound.
Crude Oil markets are recovering despite ongoing concerns over US oversupply.
Fed rate cut…
GBP/JPY Price Analysis: Bulls keep momentum steady, overbought indicators signal near-term correction possible
The pair rose to highs since 2007 at 199.90.
The daily RSI indicates an overextended buying momentum, suggesting a pending technical correction.
The…
Dow Jones Industrial Average struggled to recover ground after going flat on Friday
Dow Jones looking for balance after getting clobbered this week.
Investors looking for a foothold after a harsh rebalance of rate cut expectations.
US…
Silver Price Analysis: XAG/USD trims losses, remains bullish and clings above $30.00
Silver climbs 0.59%, trading at $30.30, recovering from near-weekly lows of $30.00.
Softer-than-expected US Durable Goods data and improved consumer…
USD/JPY steady on Friday after another week of gains
US Dollar broadly eased on Friday, but held close to flat against Yen.
Japanese National CPI inflation ticked lower in April.
Risk appetite recovered after…