Forex

Chance for Euro (EUR) to retest the 1.0500 level before a more sustained recovery is likely. In the longer run, current price movements are likely part of a…

The Pound Sterling oscillates in a tight range near 1.2750 against the US Dollar ahead of the US inflation data for November. Economists expect the Fed to…

USD/CHF gains ground to near 0.8835 in Wednesday’s early European session.  Traders raise bets on Fed rate cut this month to 86%.  The SNB will likely cut…

The US Consumer Price Index is set to rise 2.7% YoY in November. The core CPI inflation is seen steady at 3.3% last month. The Fed is expected to cut…

GBP/USD steadies near 1.2800 as traders expect BoE to maintain current interest rates GBP/USD extends its winning streak for the third successive session,…

The Japanese Yen strengthens slightly following the release of stronger PPI print from Japan. The uncertainty over how soon the BoJ could raise rates keeps…

The Australian Dollar may decline due to market caution ahead of the US November Consumer Price Index data. The AUD depreciated after the RBA maintained its…

NZD/USD trades with a negative bias near 0.5795 in Wednesday’s early Asian session.  The US CPI inflation report will be the highlight on Wednesday.  The…

WTI trades with mild gains near $68.20 in Wednesday’s early Asian session.  Discouraging Chinese economic data and a surprise climb in crude inventories…

EUR/USD softened further on Tuesday, testing 1.0500 once again. The Fiber pair has closed slightly lower for a third straight day. Euro traders are bracing…