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Forex
EUR/USD cycles 1.10 after Powell pushes back on rate cut bets
EUR/USD is looking for a foothold at the 1.1000 region.
Fed Chair Powell threw cold water on rising rate cut hopes.
US tariffs increase odds of recession…
Gold price crashed over 2.8% as Powell turn hawkish on tariffs and inflation
Gold drops for second day as safe-haven appeal wanes, despite Powell highlighting increased downside risks.
Powell states Fed can delay action for clarity,…
EUR/USD corrects as US Dollar bounces back after upbeat US NFP data
EUR/USD retraces to near 1.0970 as the US Dollar recovers after upbeat US NFP data for March.US NFP data came in at 228K, beating estimates of 135K.Investors…
US Dollar holds on to small gains ahead of Powell’s speech
The Greenback is reclaiming some losses for this week after strong NFP numbers.Focus shifts now to Fed Chairman Jerome Powell speaking later this Friday. The…
Breaking: US Nonfarm Payrolls increase by 228,000 in March vs. 135,000 forecast
Nonfarm Payrolls (NFP) in the US rose by 228,000 in March, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 117,000…
NZD/USD must close above 0.5850 for further sustained rise – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5720 and 0.5850 vs US Dollar (USD). In the longer run, for further sustained rise, NZD must…
EUR/USD: More likely to pause and trade in a 1.0950/1.1150 range – UOB Group
Outsized rally seems excessive; instead of continuing to rise, Euro (EUR) is more likely to pause and trade in a 1.0950/1.1150 range vs US Dollar (USD). In the…
US NFP: Finally, back to the data – Commerzbank
The US Dollar's direction today is likely to be largely determined by the US Non-Farm Payrolls report, which will be released at 1:30 pm BST. The employment…
Gold price keeps the red below $3,100; looks to US NFP for fresh impetus
Gold price meets with a fresh supply on Friday, though the downside potential seems limited.Trump’s tariffs-inspired risk-off mood might continue to act as a…
Forex Today: US Dollar selloff pauses ahead of NFP, Powell speech
Here is what you need to know on Friday, April 4:After suffering large losses against its peers on Thursday, the US Dollar (USD) holds its ground early Friday…