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Markets

US Dollar Index holds steady above 97.00 ahead of Fed’s Powell speech
US Dollar Index flat lines around 97.30 in Tuesday’s Asian session. Traders have reined in bets of Fed rate cuts in…
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Markets

When is the UK Services PMI and how could it affect GBP/USD?
The UK services PMI overview The UK economy will release its September Services PMI later in the European session at…
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Forex

EUR/GBP gathers strength above 0.8700 ahead of Eurozone/UK PMI releases
EUR/GBP strengthens near 0.8735 in Tuesday’s early European session. UK fiscal concerns weigh on the Pound Sterling and create a…
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Energies

WTI extends the decline below $63.50 on lingering oversupply concerns
WTI price declines to near $63.20 in Tuesday’s early Asian session. Excess supply fears weigh on the WTI price, but…
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Forex

USD/CAD holds gains near 1.3850 amid lower Oil prices
USD/CAD appreciates as the commodity-linked CAD struggles on declining Oil prices. WTI prices edge lower as rising oversupply concerns ease…
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Forex

USD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech
USD/CHF trades with caution around 0.7920 ahead of Fed Powell’s speech at 16:35 GMT. Fed Miran supports lowering interest rates…
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Forex

EUR/JPY – First upside barrier emerges above 174.50
EUR/JPY trades flat around 174.40 in Tuesday’s early European session. A positive view of the cross prevails above the 100-day…
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Forex

Australian Dollar declines as US Dollar holds ground on cautious Fedspeak
Australian Dollar remains subdued after the release of the Purchasing Managers’ Index figures on Tuesday. Australia’s S&P Global Composite PMI…
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Forex

AUD/JPY falls below 97.50 as Australia’s PMI data point to slower growth
AUD/JPY depreciates after the release of the Purchasing Managers’ Index figures on Tuesday. Australia’s S&P Global Composite PMI dropped to…
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Forex

GBP/JPY trades sideways around mid-199.00s; looks to UK PMIs for fresh impetus
GBP/JPY consolidates in a range during the Asian session on Tuesday amid mixed fundamental cues. The BoJ rate-hike uncertainty and…
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