Forex

NZD/USD gains positive traction for the third straight day amid a softer USD. Tuesday’s disappointing US PMIs and a positive risk tone undermine the buck.…

A survey by the Finance Ministry showed on Monday that about 70% of companies in Japan will raise pay scale in fiscal year 2024, per Japan Times. Additional…

EUR/USD hovers around 1.0700 on Wednesday amid the weaker US Dollar.  The Eurozone flash PMI showed the economy gained recovery momentum in April.  S&P…

The Australian Monthly Consumer Price Index is foreseen steady at 3.4% YoY in March. Quarterly CPI inflation is expected to have ticked higher in the first…

Gold retreats modestly after failing to sustain gains despite fall in US Treasury yields, weaker US Dollar. XAU/USD struggles to capitalize following…

Pound Sterling sees broad-market recovery after Services PMI beat. Markets shrug off a decline in the UK Manufacturing PMI. Japan Tokyo CPI inflation, BoJ…

Mexican Peso capitalized on weaker-than-expected US economic output, uptick in risk appetite. Upcoming mid-month inflation data in Mexico could impact…

Dow Jones tests 38,500.00 as US equities climb. US PMIs weakened, bolstering hopes for a Fed rate trim. Key US GDP and PCE inflation data still on the…

Canadian Dollar finds room against softer Greenback post-PMI. Canada Retail Sales due Wednesday ahead of Thursday’s US GDP. Despite PMI gains, CAD upside…

Increasing appetite for the risk-linked space weighed further on the US Dollar, while disheartening US PMIs also kept the currency depressed. So far, the ECB…