USD/CHF’s run up to a fortnight high still needs to cross near-term upside resistances to aim for the key confluence as it trades close to 0.9993 early Monday.
According to FX Strategists at UOB Group, EUR/USD is seen moving lower to the 1.1150 region in the short-term horizon. Key Quotes 24-hour view: “Last
The T D Securities (TDS) Analysts offer their expectations on the European Central Bank (ECB) President Draghi’s speech scheduled later today at 1700
The greenback keeps the positive note at the beginning of the week and is now looking to move further north of the 97.50 level when gauged by the US D
Reuters reports the latest comments delivered by the European Central Bank (ECB) Governing Council member Benoit Coeure in an interview the Financial
Despite elevated tension between the US and China keeps spreading pessimism across the commodity-linked currencies, the USD/CAD pair remains below 50-day SMA.
Analysts at Australia and New Zealand Banking Group (ANZ) offer their take on the Australian dollar amid the recent strength in the commodity prices.
In the view of Gerard Burg, Senior Economist – International, Group Economics at National Australia Bank (NAB), the Chinese authorities are poised to
According to the analysts at Australia and New Zealand Banking Group (ANZ), the Federal Reserve (Fed) is likely to shift in favor of an overtly easing
Despite latest ex-USD momentum, the USD/IDR pair trades modestly flat around 21-day SMA level of 14,325 as investors await fresh news during early Monday.
The USD bulls took a breather in Monday’s Asian trading and sent the US dollar broadly lower from multi-day tops reached after a stronger US retail sa
Although looming Brexit uncertainty dents investment by firms, the GBP/USD pair takes advantage of the recent US Dollar (USD) pullback on early Monday.
The bullish case for EUR/USD has weakened ahead of the FOMC (Federal Open Market Committee) rate decision due this Wednesday. The currency pair closed
Liu Guoqiang, Vice Governor of the People's Bank of China (PBOC) was on the wires last minutes, via Reuters, noting that the country is 'capable and c
Gold (XAU/USD) is struggling to cut through key technical line which proved a tough nut to crack in 2018. The yellow metal rose to $1,358 on Friday, b
The NZD/USD pair is yet to cross near-term important resistances in order to justify the latest recovery as it trades near 0.6510 during early Monday.
In an interview with Xinhua News Agency, Asadollah Badamchian, Secretary-General of Iran's Islamic Coalition Party (ICP), noted that the current hegem
EUR/GBP is looking overbought, as per the widely followed 14-day relative strength index, and could see notably correction once the 200-hour moving av
China's benchmark equity index, the Shanghai Composite, is again lacking a clear directional bias. The index is trapped in a 2956-2822 trading range s
Reuters reports the latest comments from the Chinese state planner, the National Development and Reform Commission (NDRC), as it responds to the quest
USD/JPY is flashing green this Monday morning in Asia amid mixed action in the major Asian indices and aggressive Federal Reserve (Fed) easing expecta
The People’s Bank of China (PBOC), China's central bank, announced on Monday that the second phase of a cut in the reserve requirement ratio (RRR) fre
Even after witnessing pullbacks, EUR/USD buyers await a sustained break of previous support-confluence (now resistance) on early Monday.
In the latest client note released on Sunday, the Goldman Sachs economists maintained their view that the Fed would refrain from slashing rates until
Brent oil is currently trading at $62.26, representing 4.35 percent gains on the previous week's low of $59.60. The recovery has neutralized the immed
Having failed to clear near-term resistance confluence, USD/INR sellers aim for 50-day SMA as it takes the round to 69.78 during early Monday.
The Kuwait News Agency (KUNA) reports the latest comments by the Secretary General of the European External Action Service (EEAS), Helga Schmd, as she
Despite bouncing off 61.8% Fibonacci retracement of current month upside, the EUR/JPY pair struggles with the short-term descending trend-channel resistance.
The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8940 vs Friday's fix of 6.8937.
USD/CNH's 50-day average has crossed above its 200-day average, confirming a golden crossover – a long-term bullish indicator. The pair had rallied fr
With the likely extension in global supply cut accord and Iran moving further away from nuclear commitments, WTI confronts short-term descending trend-line.
Gold's rally seems to have run its course with signs of bullish exhaustion emerging on technical charts ahead of Wednesday's FOMC (Federal Open Market
The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday.
The British Chambers of Commmerce (BCC) has today released its latest economic forecast, downgrading its growth prediction for 2020 to 1.0% from the p
Failure to sustain the break of July 2016 lows, mainly due to oversold RSI, presently questions AUD/JPY sellers as the pair seesaws near 74.66.
Forex today remains quiet at the start of a fresh week amid fewer catalysts to follow.
United Kingdom Rightmove House Price Index (YoY) dipped from previous 0.1% to 0% in May
United Kingdom Rightmove House Price Index (MoM) dipped from previous 0.9% to 0.3% in May
While overall US Dollar (USD) strength continues to dominate market sentiment, the GBP/USD pair recovers to near 1.2600 on early Monday.
The UK Times recently released a news report quoting the British Health Minister and one of the earlier candidates (who left the race off-late) Matt Hancock.
With fewer catalysts to dominate than the global trade pessimism, the AUD/USD pair takes the rounds near 0.6870 during the early Asian session on Monday.
Having witnessed heavy downpour during last-week, the NZD/USD pair trades modestly flat near 0.6500 at the start of Monday’s Asian session.
India retaliate against the US President Donald Trump’s withdrawal of the Generalised System of Preferences (GSP) program.
Reuters came out with a news report on Sunday quoting Saudi Energy Minister Khalid al-Falih.
ECB Vice President Luis de Guindos was quoted by Reuters on Saturday mentioning that needs to push the central bank further towards easing.
Reuters quoted Iran’s semi-official Tasnim news agency report mentioning that Iran will announce moves on Monday to scale back compliance with nuclear deal.
Chinese newsletter recently spotted social media updates form a state media handle playing down chances of any fruitful results of G20 meeting.