Forex
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US Dollar Index treads water above 97.00 ahead of ISM Manufacturing PMI data
US Dollar Index gains support as caution builds around the Fed’s policy outlook. Trump’s nomination of Kevin Warsh as Fed…
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New Zealand Dollar Extends Pullback
The New Zealand dollar edged lower to around $0.602, extending its pullback from a seven-month high in the previous session,…
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Aussie Dollar Weakens as Greenback Firms
The Australian dollar weakened to around $0.69 per dollar on Monday, trimming gains from the previous week as a firmer…
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Offshore Yuan Approaches 33-Month High
The offshore yuan strengthened to around 6.95 per dollar on Monday, reversing the previous week’s losses and approaching a thirty-three-month…
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EUR/USD slides as Warsh Fed pick, hot US PPI supercharge Dollar rally
EUR/USD tumbles 0.75% as Kevin Warsh’s Fed nomination boosts US yields and Dollar demand. Hot US producer inflation reinforces the…
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Mexican Peso Pulls Back From Mid-2024
The Mexican peso weakened past 17.4 per US dollar, giving back part of its strong monthly gains that drove it…
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EUR/USD Moves Lower Amid U.S PPI Inflation Report
Final US PPI (m/m) for December: 0.5% (forecast 0.2%; previous 0.2%) Final PPI (y/y): 3.0% (forecast 2.8%; previous 3.0%) Core PPI excluding…
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Trade of The Day – GBP/AUD
Facts:The price bounced off the upper limit of 1:1 structure at 1.9688The pair sits below the 100-period moving average from…
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GBP/USD softens to near 1.3750 as US Senate advances spending deal to avoid shutdown
GBP/USD weakens to around 1.3760 in Friday’s early European session. The US Senate is poised to send the House a…
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EUR/USD Price Forecast: Breaks through 100-hour SMA as bears await acceptance below 1.1900
EUR/USD meets with some supply on Friday amid a modest pickup in the USD demand. The intraday technical setup favors…
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