Forex

Oil bounces off the fresh 3-month low. Despite geopolitical headlines, oil has kept sinking this week.  The US Dollar Index trades below 105.00 and looks…

NZD/USD trades in a range which could represent part of a Bull Flag continuation pattern. Conditional on a break above the range highs the pair could rally…

The US Dollar has thrived this week, though gives up part of its weekly gains. Durable Goods revisions hurted the Greenback.  The US Dollar Index trades…

Gold has cushioned its decline as investors seek it out for its safe-haven qualities on Friday.  Mounting geopolitical risks from multiple hotspots – China,…

EUR/USD finds cushion near 1.0800 amid improvement in the Eurozone’s economic outlook. The ECB is set to start reducing interest rates from the June…

GBP/JPY advances to 199.50 as soft Japan’s CPI report raised doubts over BoJ extending the rate-tightening cycle. Japan’s inflation declines due to weak…

USD/CHF gained ground as investors turned toward US Dollar after robust US PMI data. Fed’s Raphael Bostic stated that the inflation outlook might not…

USD/CAD halts its winning streak ahead of Canadian Retail Sales and US Consumer Sentiment due on Friday. The US Dollar edges lower due to a downward…

The Pound Sterling falls sharply to 1.2670 as UK Retail Sales contracted at a faster pace than expected. Weak UK Retail Sales data for April suggests a soft…

Here is what you need to know on Thursday, May 23: The US Dollar (USD) capitalized on the upbeat PMI data from the US on Thursday, and the USD Index closed…