Forex

The US Dollar falls flat after its two-day rally. Traders are left behing clueless on what to do next with this very mixed data. The US Dollar Index broke…

USD rally is gaining traction. Economists at Scotiabank analyze Greenback’s outlook. USD firms after Waller says “no rush” on rates Comments from Fed…

US GDP growth for Q4 is revised higher to 3.4% from 3.2%. US Dollar Index stays in positive territory above 104.50. The United States' Gross Domestic…

Freeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for Copper, Gold,…

The Pound Sterling falls to 1.2600 against the US Dollar as investors wait for US core PCE inflation data for February. The Fed’s preferred inflation gauge…

USD/JPY is trading sideways near 151.35. Economists at Société Générale analyze the pair’s outlook. 150.20 is first support USD/JPY is in vicinity to the…

EUR/USD takes another step lower on poor German Retail Sales data.  Subdued consumer spending levels in Germany increase the probability the ECB will cut…

Economists at ANZ Bank expect the Indian Rupee (INR) to enjoy a mild appreciation over the course of the year. INR to remain less volatile compared to other…

Indian Rupee loses ground on Thursday on the firmer USD and the Fed governor’s hawkish comments.  The INR’s downside might be limited by the potential…

EUR/JPY trades on a softer note around 163.75 in Thursday’s early European session.  The verbal intervention from Japanese authorities provides some support…