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Forex
Looking to see if productivity gains continue
President of the Federal Reserve (Fed) Bank of San Francisco Mary Daly spoke in an interview with Bloomberg Television on Monday regarding inflation and monetary policy. She…
Likely to trade in a range between 7.1200 and 7.1300 – UOB Group
Momentum indicators are mostly flat; US Dollar (USD) is likely to trade in a range between 7.1200 and 7.1300. In the longer run, USD has likely entered a range-trading phase…
Pound Sterling trades cautiously on intensifying BoE dovish speculation
The Pound Sterling (GBP) trades with caution against its major currency peers at the start of the week. The British currency faces slight selling pressure amid growing expectations…
EUR/HUF slides toward key 383 support – Société Générale
EUR/HUF continues its steady decline, with the pair drifting toward the crucial 383/382 support zone at the base of its descending channel, Société Générale's FX analysts note.…
Indian Rupee trades calm while US Senate approves bill to end shutdown
The Indian Rupee (INR) trades flat against the US Dollar (USD) on Monday, with the USD/INR pair consolidating around 88.80. The pair wobbles as the US Dollar (USD) trades calmly…
Dow Jones futures rise as US Senate advances to end shutdown
Dow Jones futures gain 0.18% to trade above 47,150 during European hours ahead of the opening of the United States (US) regular session on Monday. Moreover, the S&P 500 futures…
Eyes record highs after moving above 178.00
EUR/JPY gains ground for the second successive session, trading around 178.10, higher by more than 0.25%, during the early European hours on Monday. The short-term price momentum…
Bearish bias intact below 100-day EMA near 1.1550
The EUR/USD pair trades with mild losses near 1.1565 during the early European session on Wednesday. The US Dollar (USD) edges higher against the Euro (EUR) amid hopes that the US…
GBP/USD softens to around 1.3150 on Monday
GBP/USD weakens to near 1.3150 as US Senate reaches deal to extend government funding
The GBP/USD pair loses traction to near 1.3150, snapping the three-day losing streak during…
Australian Dollar climbs as RBA’s Hauser stresses need to maintain tight policy stance
Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second successive session. The AUD/USD pair strengthens as the AUD receives…