Forex

EUR/USD pierces below the key 200-day SMA on Friday after Bundesbank's Nagel raises prospect of an early interest-rate cut.  The pair comes off its lows in…

USD/CAD’s solid rebound from the mid-1.3400 area is extending. Economists at Scotiabank analyze the pair’s outlook. There is little reason to expect gains to…

The US Dollar jumps higher for the second day in a row.  Traders are challenging the Fed's dovish stance, casting doubts over its forecasts of three rate…

NZD/USD pair loses ground after mixed PMI data from the United States. US Dollar strengthens despite lower US Treasury yields. New Zealand's Trade Balance…

Indian Rupee loses traction on Friday on the softer USD, and lower US bond yields.  The positive outlook in the Indian economy might boost the INR and cap…

The Japanese Yen edges higher following the release of Japanese consumer inflation data. The uncertainty over the BoJ’s future policy steps keeps a lid on…

Japan’s National Consumer Price Index (CPI) for February climbed to 2.8% YoY from 2.2% in January, according to the latest data released by the Japan…

EUR/USD hovers around 1.0860 amid the firmer USD in Friday’s early Asian session.  The US S&P Global Composite PMI came in at 52.2 in March vs. 52.5…

GBP/USD edges lower to 1.2658 amid the weaker USD.  The US S&P Global Composite PMI arrived at 52.2 in March vs. 52.5 in February. The BoE maintained…

Canadian Dollar rises, but USD rises faster. Canada brings Retail Sales data to fore on Friday. US PMIs came in mixed on Thursday. The Canadian Dollar…