India Infrastructure Output (YoY) came in at 6%, above forecasts (4.6%) in February
India FX Reserves, USD: $578.78B (March 24) vs $572.8B
Brazil Primary Budget Surplus above forecasts (-30B) in February: Actual (-26.453B)
Brazil Nominal Budget Balance came in at -90.606B, below expectations (-36.559B) in February
USD/CAD is trading higher for the first time this week. However, economists at Scotiabank expect the pair to continue moving lower as technicals sugge
DXY manages to regain some balance and bounces off the earlier retracement to the 102.00 neighbourhood. So far, it seems the index could extend the co
EUR/JPY advances past the 145.00 hurdle to record new YTD peaks in the 145.65/70 band on Friday. A daily close above the 2023 peak should motivate the
Sterling gains peaked in the low 1.24 zone earlier but losses are showing signs of reversing from the mid/upper 1.23s, economists at Scotiabank report
Friday's US economic docket highlights the release of the Personal Consumption Expenditure (PCE) Price Index, scheduled later during the early North A
EUR/USD edges back after another 1.0925 rejection but bull trend intact, economists at Scotiabank report. Limited scope for EUR losses “EUR gains peak
Brent has staged an initial bounce after forming interim low near $70 earlier this month. But it could test this level again on failure to defend Dece
GBP/USD remained in a range of 1.19-1.24 in the first quarter of 2023. Economists at ANZ Bank expect the pair to edge higher toward 1.26 by the end of
The GBP/USD pair comes under some selling pressure after touching over a two-month high, around the 1.2420-1.2425 area on Friday and maintains its off
Economists at MUFG Bank analyze the two-year government bond spread between US and EU and discuss its implications for the EUR/USD pair. Month-end FX
Economists at Nordea still see a weak Norwegian Krone (NOK) until the summer. Lower rate differential against the Euro a key factor behind the weak NO
As expected, the inflation rate in the euro zone fell significantly from 8.5% to 6.9% in March. By contrast, underlying inflation increased further. I
USD/ZAR has returned below 18.00. The pair could challenge the critical support zone at 17.40/30, analysts at Société Générale report. Neckline at 18.
Economists at the Bank of America Global Research expect the EUR/USD pair to remain under pressure in the first half of the year before recovering tow
UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the latest projections by the Bank Negara Malaysia (BNM). Key Takeaways “Ba
The Pound is set to be the best-performing currency of the first quarter of 2023, having gained 2.5% against the Dollar. Economists at ING think EUR/U
Gold price (XAU/USD) continues to trade within a solid uptrend, even in a calmer week in the financial markets. Things could get lively again on Frida
The AUD/USD pair retreats sharply from over a one-week high, around the 0.6735-0.6740 region touched earlier this Friday and continues losing ground t
In the view of economists at TD Securities, the Forint is too strong with EUR/HUF below 400. They, therefore, expect a sharp move higher in the pair.
China's top diplomat Wang Yi said on Friday that the US and China relations are facing challenges and difficulties. “I urge the US to stop suppression
Greece Retail Sales (YoY) climbed from previous -1.2% to 1.4% in January
The concerns of financial instability saw an influx of safe haven buying for currencies such as the Japanese Yen. Economists at ANZ Bank expect the US
The annualized Eurozone Harmonised Index of Consumer Prices (HICP) came in softer at 6.9% in March vs. February’s 8.5%, the latest data published by
European Monetary Union Core Harmonized Index of Consumer Prices (MoM) came in at 1.2%, above expectations (0.6%) in March
European Monetary Union Core Harmonized Index of Consumer Prices (YoY) meets forecasts (5.7%) in March
European Monetary Union Harmonized Index of Consumer Prices (MoM) came in at 0.9%, above forecasts (0.8%) in March
European Monetary Union Harmonized Index of Consumer Prices (YoY) came in at 6.9% below forecasts (7.1%) in March
Italy Consumer Price Index (EU Norm) (YoY) came in at 8.2%, below expectations (8.9%) in March
Italy Consumer Price Index (EU Norm) (MoM) registered at 0.8%, below expectations (1.4%) in March
Italy Consumer Price Index (YoY) registered at 7.7%, below expectations (8.2%) in March
Italy Consumer Price Index (MoM) below expectations (0%) in March: Actual (-0.3%)
European Monetary Union Unemployment Rate came in at 6.6% below forecasts (6.7%) in February
Greece Unemployment Rate (MoM) up to 11.4% in February from previous 10.8%
The Dollar has continued to lose ground across the board. The focus will be on February’s PCE deflator, the Fed’s preferred measure of inflation. Howe
Considering advanced figures from CME Group for natural gas futures markets, open interest rose for the fourth straight session on Thursday, this time
The USD/JPY pair regains positive traction on the last day of the week and maintains its bid tone near a two-week high, just below mid-133.00s through
Hong Kong SAR Retail Sales came in at 31.3%, above expectations (3.9%) in February
With the Fed turning more dovish in the wake of the banking issues, US yields fell and the Gold price rose. Nevertheless, economists at ANZ Bank do no
Extra selling pressure could force USD/CNH to revisit the 6.8100 region in the short term, comment Markets Strategist Quek Ser Leang and Senior FX Str
The weekly uptrend in EUR/USD appears to have met a solid barrier around the monthly highs near 1.0930 on Friday. EUR/USD looks at data, Lagarde EUR/U
Economists at ING have been calling for 1.10 in EUR/USD for some time now. They suggest a time for when that level will be reached. A pause before ano
Spain Current Account Balance came in at €3.27B, above expectations (€0.696B) in January
Italy Industrial Sales s.a. (MoM) came in at -1.1%, below expectations (-0.1%) in January
Italy Industrial Sales n.s.a. (YoY) below forecasts (15.5%) in January: Actual (8.6%)
Norway Registered Unemployment s.a above forecasts (59.471K) in March: Actual (59.82K)
Norway Registered Unemployment n.s.a came in at 1.8%, below expectations (1.9%) in March
Germany Unemployment Change registered at 16K above expectations (0K) in February
Germany Unemployment Rate s.a. registered at 5.6% above expectations (5.5%) in February
Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group suggest USD/JPY could edge higher and surpass the 134.00 barrier in
CME Group’s flash data for crude oil futures markets noted traders increased their open interest positions for the second session in a row on Thursday
The EUR/GBP cross edges lower for the second successive day on Friday and retreats further from a one-week high, around the 0.8825-0.8830 region touch
AUD/USD could still see its upside reinvigorated on a breakout fo the 0.6760 level, according to Markets Strategist Quek Ser Leang and Senior FX Strat
Economists at ANZ Bank expect the AUD/USD pair to reach the 0.75 mark by the end of the year. However, the Aussie could struggle in the near term. AUD
US Dollar Index (DXY) has fallen to test and hold its uptrend from May 2021. Although we may see further near-term consolidation above here, economist
Gold price (XAU/USD) trades higher on Friday, exchanging hands in the $1,970-80 range in the early European Session, after the release of poorer-than-
The NZD/USD pair gains positive traction for the second successive day and touched its highest level since February 16 on Friday, albeit faces rejecti
Since the middle of February, NZD/USD has traded within a relatively tight range between 0.61 and 0.63. Economists at ANZ bank forecast the pair at 0.
Turkey Trade Balance rose from previous -14.24B to -12.08B in February
Economists at Goldman Sachs upgrade their three and six-month forecasts for the EUR/USD pair. However, they stick to their 12-month forecast of 1.10.
USD/CHF pares the first daily gain in three around 0.9135 as the market’s anxiety ahead of the key US inflation data escalates during the initial hour
Here is what you need to know on Friday, March 31: The US Dollar continued to weaken against its rivals on Thursday as risk flows dominated the action
Economists at TD Securities expect the EUR/PLN pair to hover around 4.65 before ticking down toward 4.60 by the end of the year. EUR/PLN to trade in a
France Consumer Price Index (EU norm) (MoM) registered at 0.9% above expectations (0.8%) in March
France Consumer Price Index (EU norm) (YoY) came in at 6.6%, above forecasts (6.5%) in March
France Consumer Spending (MoM) came in at -0.8% below forecasts (-0.4%) in February
France Producer Prices (MoM) came in at -0.9%, below expectations (1.6%) in February
Silver price (XAG/USD) pares weekly gains at the highest levels in two months, mildly offered near $23.85 heading into Friday’s European session. In d
Switzerland Real Retail Sales (YoY) came in at 0.3% below forecasts (1.9%) in February
Canada will release January Gross Domestic Product (GDP) data on Friday, March 31 at 12:30 GMT as we get closer to the release time, here are forecast
Open interest in gold futures markets rose by nearly 2K contracts after three consecutive daily drops on Thursday according to preliminary readings fr
GBP/USD shows little reaction to better-than-forecast UK economic growth numbers during early Friday. The reason could be linked to the market’s cauti
In the opinion of Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, GBP/USD could now pick up pace and revisit the 1
United Kingdom Total Business Investment (YoY) below expectations (13.2%) in 4Q: Actual (10.8%)
EUR/USD has corrected gradually to near 1.0900 after failing to surpass Thursday’s high around 1.0926 in the early European session. The major currenc
The UK economy expanded by 0.1% on the quarter in the final three months of 2022 vs. 0% prior, the final revision confirmed on Friday. The market cons
United Kingdom Total Business Investment (YoY) came in at 1.08% below forecasts (13.2%) in 4Q
United Kingdom Total Business Investment (QoQ) below expectations (4.8%) in 4Q: Actual (-0.2%)
United Kingdom Gross Domestic Product (QoQ) came in at 0.1%, above forecasts (0%) in 4Q
According to the official figures released by Destatis on Friday, Germany's Retail Sales dropped by 1.3% MoM in February versus 0.5% expected and -0.3
Germany Retail Sales (YoY) below forecasts (-5.2%) in February: Actual (-7.1%)
United Kingdom Gross Domestic Product (YoY) above expectations (0.4%) in 4Q: Actual (0.6%)
Germany Retail Sales (MoM) came in at -1.3%, below expectations (0.5%) in February
Germany Import Price Index (YoY) below forecasts (4.2%) in February: Actual (2.8%)
United Kingdom Nationwide Housing Prices s.a (MoM) came in at -0.8% below forecasts (-0.3%) in March
Denmark Gross Domestic Product (YoY) increased to 1.6% in 4Q from previous 1.5%
Denmark Gross Domestic Product (QoQ): 0.6% (4Q) vs previous 0.9%
United Kingdom Nationwide Housing Prices n.s.a (YoY) below forecasts (-2.2%) in March: Actual (-3.1%)
Germany Import Price Index (MoM) came in at -2.4% below forecasts (-1%) in February
United Kingdom Current Account above expectations (£-17.6B) in 4Q: Actual (£-2.483B)
Gold price bounced off key support in a pennant formation, resistance at $1,993 holds the key, FXStreet’s Dhwani Mehta reports. XAU/USD needs acceptan
Gold price (XAU/USD) pares weekly losses while easing from an intraday high to $1,980 during early Friday morning in Europe. In doing so, the yellow m
FX option expiries for Mar 31 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0700 1.6b 1.0800 1.8b 1.0850 1.2b 1
The USD Index (DXY), which tracks the greenback vs. a bundle of its main competitors, navigates a narrow range just above the 102.00 mark at the begin
In light of the recent price action, EUR/USD could extend the upside to the 1.0970 region in the next few weeks, noted Markets Strategist Quek Ser Lea
USD/CAD licks its wounds around 1.3520 as it pares the weekly losses around the lowest levels in more than a month, after refreshing the multi-day low
Japan Construction Orders (YoY) above expectations (9.8%) in February: Actual (22.3%)
Japan Housing Starts (YoY) registered at -0.3% above expectations (-0.5%) in February
Japan Annualized Housing Starts: 0.859M (February) vs previous 0.893M
Natural Gas futures are hovering near their fresh two-year low at $2.09 in the Asian session. The asset witnessed a steep fall on Thursday despite a l
AUD/USD pares intraday gains around 0.6720, following the run-up to refresh weekly top to near 0.6740, as markets brace for the key US inflation clues
Netherlands, The Retail Sales (YoY) dipped from previous 11.1% to 8.5% in February
The GBP/USD pair is aiming to re-test its two-month high at 1.2448 in the Asian session. The Cable is attracting bullish bets despite expectations for
USD/INR stays defensive above 82.00, keeping the latest bounce off three-week low amid Friday’s sluggish Asian session. In doing so, the Indian Rupee
EUR/USD stays defensive around 1.0910 after refreshing the weekly high to 1.0925 during early Friday. In doing so, the Euro pair portrays the market’s
USD/JPY drops to 132.90 amid early Friday, after refreshing a two-week high, as market sentiment turns dicey ahead of the key US inflation catalysts.
Gold price (XAU/USD) is aiming to sustain its auction above the critical resistance of $1,980.00 in the Asian session. The precious metal is looking t
USD/MXN licks its wounds near 18.10, after refreshing the three-week low, during early Friday. In doing so, the Mexican Peso pair probes the five-day
In an interview with ABC Radio, Australian Prime Minister (PM) Anthony Albanese said on Friday, he would welcome lifting the minimum wage to match inf
Market sentiment remains firmer as traders flex muscles for the key Friday comprising headline inflation clues from Eurozone and the US. Adding streng
International Monetary Fund (IMF) Japan Mission Chief Ranil Salgado said on Friday, “we do see a prospect and the potential of more flexibility a the
USD/CNH renews weekly low near 6.8440 during early Friday, declining for the second consecutive day amid broad US Dollar weakness and upbeat China dat
The AUD/USD pair has jumped above 0.6730 as China’s National Bureau of Statistics (NBS) has reported better-than-projected PMI figures. Manufacturing
NZD/USD renews the highest levels of the week, taking bids to refresh the multi-day top near 0.6300 on upbeat China activity data for March, published
AUD/USD is a touch higher as China's March Official PMI Manufacturing arrived at 51.9 vs. the expected 51.5 while Services came in at 58.2 vs. the exp
China NBS Manufacturing PMI above expectations (51.5) in March: Actual (51.9)
China Non-Manufacturing PMI climbed from previous 56.3 to 58.2 in March
The USD/CHF pair has faced tough barricades near 0.9140 in the Asian session. The Swiss Franc asset is expected to register a fresh two-week low after
In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8717 against the previous closing of 6.8710. About the fix China maintains
USD/CAD sellers flirt with 1.3520-25, after declining to the lowest levels since February 22, as markets turn dicey on Friday ahead of the key inflati
Japan's Finance Minister Shunichi Suzuki said he expects the Bank of Japan and Ueda to enforce monetary policy strongly; precise policy is up to the B
GBP/USD bulls attack the 1.2400 threshold while refreshing the highest levels in two months during early Friday. In doing so, the Cable pair cheers op
The AUD/JPY pair has shown a significant upside move after the release of Japan’s economic reports associated with the Tokyo Consumer Price Index (CPI
As per the prior analysis, USD/JPY Price Analysis: Bears need to make their move or lose control in the 133s, the bulls have made their move and the p
US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, challenge the marke
Australia Private Sector Credit (YoY) down to 7.6% in February from previous 8%
Australia Private Sector Credit (MoM) meets forecasts (0.3%) in February
EUR/USD depicts the market’s pre-inflation anxiety while making rounds to 1.0900, after refreshing a one-week high, during early Friday. In doing so,
The EUR/GBP pair is delivering a lackluster performance as investors have sidelined ahead of the release of the Eurozone Harmonized Index of Consumer
GBP/JPY bulls attack the previous monthly high, picking up bids around 164.80 to refresh the multi-day top, even as Japan inflation numbers crossed th
Japan Large Retailer Sales registered at 4.7% above expectations (3.6%) in February
Japan Retail Trade s.a (MoM) above forecasts (-0.3%) in February: Actual (1.4%)
Japan Industrial Production (YoY) came in at -0.6%, above forecasts (-2.5%) in February
Japan Industrial Production (MoM) registered at 4.5% above expectations (2.7%) in February
Japan Retail Trade (YoY) above forecasts (5.8%) in February: Actual (6.6%)
Silver price (XAG/USD) is marching towards the round-level resistance of $24.00 with an immense pace in the early Asian session. The white metal has r
Gold price (XAU/USD) grinds higher within a two-week-old bullish chart pattern, making rounds to $1,980 during Friday’s Asian session. In doing so, th
As per the prior analysis, USD/JPY Price Analysis: Bears move in and eye a significant correction towards 131.50, whereby USD/JPY moved into a phase o
Japan Tokyo CPI ex Food, Energy (YoY) above expectations (3.3%) in March: Actual (3.4%)
Japan Tokyo CPI ex Fresh Food (YoY) above forecasts (3.1%) in March: Actual (3.2%)
Japan Tokyo Consumer Price Index (YoY) registered at 3.3% above expectations (2.7%) in March
Japan Jobs / Applicants Ratio below expectations (1.36) in February: Actual (1.34)
Japan Unemployment Rate above expectations (2.4%) in February: Actual (2.6%)
The EUR/JPY edges higher after cracking a four-week-old resistance trendline and climbs above 144.00 as the Asian session begins. At the time of writi
US Dollar Index (DXY) prods weekly low around 102.20 as the greenback bears ignore hawkish Federal Reserve (Fed) rhetoric amid a risk-on mood during e
The NZD/USD pair is making efforts in keeping its auction above 0.6260 in the early Tokyo session. The Kiwi asset is expected to multiply its upside m
South Korea Service Sector Output came in at 0.7%, above forecasts (0.1%) in February
South Korea Industrial Output (YoY) came in at -8.1%, above expectations (-8.3%) in February
South Korea Industrial Output Growth registered at -3.2%, below expectations (-0.5%) in February
WTI crude oil price remains firmer at the highest levels in more than two weeks as bulls flirt with the $74.50 level ahead of China’s official PMIs fo
After facing a resistance trendline, which intersects with the 20-day Exponential Moving Average (EMA), the USD/CHF dropped and extended its losses fo
The USD/CAD pair has refreshed its five-week low below 1.3516 in the early Asian session amid weakness in the US Dollar Index (DXY) and rising oil pri
GBP/USD bulls keep the reins around a two-month high near 1.2390 as they approach a critical resistance area during early Friday. In doing so, the Cab
The EUR/USD pair has shown decent buying interest after a gradual correction to near the round-level support of 1.0900 in the late New York session. T
AUD/USD bulls occupy the driver’s seat while reversing the previous weekly losses around 0.6715 as traders await the key inflation clues from the US o
Gold price has been buoyed in part by a weaker US Dollar and expectations for a fall in interest rates. The US Dollar index was down 0.4% at 102.20, r
The GBP/JPY pair is gaining 0.53% on Thursday and is trading at 164.29 after hitting a daily low of 162.96. The pair's uptrend is attributed to the ma
The DXY is under pressure, particularly against its main European rivals, amid risk appetite and following German inflation data. On Friday, the focus
Mexico Fiscal Balance, pesos below expectations (-0.9B) in February: Actual (-74.37B)