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Forex
No clear impact from re-opening – ING
The US Senate passed a bill to end the government shutdown yesterday. The House will vote in the next couple of days, and while a majority isn’t fully guaranteed, expectations are…
NZD/USD hovers around 0.5640, downside likely on RBNZ rate cut bets
NZD/USD remains flat after moving sideways during the early hours, trading around 0.5640 during the European hours on Tuesday. The pair remains subdued as the New Zealand Dollar…
Bullish structure, all-time high levels in sight?
Buyers regain control amid structural reboundFrom our previous analysis on November 5, where we anticipated a pullback into the 25,400 support region as a potential accumulation…
Indian Rupee wobbles as focus shifts to India’s retail inflation data
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair continues to trade sideways around 88.85 for almost a week as investors await a…
Bullish outlook remains in play near 100.50 amid intervention fears
The AUD/JPY cross declines to around 100.60 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) on verbal…
EUR/USD holds losses near 1.1550 ahead of German ZEW Survey data
EUR/USD edges lower after four days of gains, trading around 1.1560 during the Asian hours on Tuesday. The pair holds losses as the US Dollar (USD) gains support amid growing hopes…
Australian Dollar holds losses as US Dollar gains on US shutdown ending nears
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday after two days of gains. The AUD/USD pair weakens as the US Dollar (USD) receives support from growing…
Japanese Yen dips on BoJ rate hike doubts and US shutdown optimism
The Japanese Yen (JPY) drifts lower for the third consecutive day on Tuesday and touches a fresh multi-month low against its American counterpart during the Asian session. On…
PBOC sets USD/CNY reference rate at 7.0866 vs. 7.0856 previous
On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0866 compared to the previous day's fix of 7.0856 and 7.1204 Reuters…
GBP/USD holding just below 1.32 as UK labor data rounds the corner
GBP/USD kept its foot on the gas pedal on Monday, extending into a four-day win streak as Cable traders gear up for the latest round of UK employment figures. Veterans Day will see…