Forex
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Canadian Dollar weakens despite higher oil prices
USD/CAD may decline as the commodity-linked Canadian Dollar may receive support from higher oil prices. OPEC+ approved an 188,000-barrel-per-day output…
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Dollar Holds Losses on Easing Rate Hike Bets
The dollar index remained below 101 on Monday after posting weekly losses, as softer-than-expected US jobs data and lower oil…
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Three Markets to Watch Next Week – OIL, US100, NZD/USD
As we enter the new trading week immediately following an extended holiday weekend in the United States, where the nation…
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Mexican Peso : Disinflation keeps Banxico on hold – Wells Fargo
Wells Fargo Economics expects Mexico’s June CPI to confirm gradual disinflation, with headline and core inflation easing but services prices…
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Chart of The Day – USD/JPY – a change in trend?
The USDJPY rose to its highest level since December 1986 (162.8) on Wednesday. Since then, however, it has recorded a…
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South Korean Won Rebounds
The South Korean won strengthened to around 1,540 per dollar, rebounding sharply after nearing its weakest level since 2009, as…
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Australian Dollar remains on the front foot vs weaker USD after China Services PMI
AUD/USD attracts buyers for the second straight day as receding Fed hike bets undermine the USD. Spot prices move little…
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New Zealand Dollar remains firm above 0.5700 after Chinese services PMI data
NZD/USD strengthens to near 0.5705 in Friday’s Asian session. China’s RatingDog Services PMI eased to 54.1 in June, vs 54.4 US…
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AUD/JPY Price – Holds gains near 112.00, but bearish bias persists below key moving averages
AUD/JPY edges higher to near 111.75 in Friday’s early European session. The cross keeps the bearish vibe, with subdued RSI…
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EUR/USD Price – Trades cautiously higher near mid-1.1400s amid mixed setup
EUR/USD gains positive traction for the second straight day amid a modest USD weakness. Receding bets for an interest rate…
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