Forex

GBP/USD drops over 60 pips, pressured by robust US job and GDP reports, flirting with the 1.2500 threshold. US 10-year Treasury yield climbs seven bps to…

DXY hovers near 108.00 on Thursday as buyers seem to be taking a breather. Profit-taking emerges after Wednesday’s strong rally. Fed’s cautious tone spooks…

The US Dollar retreats from its two-year high after the Fed signaled fewer interest-rate cuts ahead.  The FOMC members have concerns on inflation…

EUR/USD rises by 0.45% on Thursday to 1.0400, recovering slightly from a sharp drop. RSI stands at 35, in negative territory but rising sharply, suggesting…

The British Pound trims some of its earlier gains versus the US Dollar after the Bank of England (BoE) held rates steady and pushed the GBP/USD toward its…

The Pound Sterling drops after the BoE left borrowing rates steady at 4.75%. UK inflation has accelerated in the past two months, supporting the BoE's…

Initial Jobless Claims in the US declined by 22,000 in the week ending December 14. US Dollar Index stays in negative territory near 108.00. There were…

Oil prices recover on Thursday after three consecutive days in the red.  Bloomberg calculates that the US Crude inventories might face sharp daily drawdowns…

Will GBP/USD make a comeback after post-Fed tumble? GBP/USD is trying to heal its wounds after taking a hit from the Fed’s hawkish rate cut, which squeezed…

USD/SGD rose another leg higher, as USD strength post-FOMC overwhelmed. Pair was last seen trading at 1.3615, OCBC’s FX analysts Frances Cheung and Christopher…