Forex
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USD/CHF extends downside to near 0.8250, US PMI data in focus
USD/CHF remains under selling pressure near 0.8250 in Thursday’s early European session. US fiscal concerns hurt US Dollar, supporting the…
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USD/CAD trades with negative bias around mid-1.3800s, just above two-week low
USD/CAD attracts sellers for the fourth straight day and seems vulnerable to slide further. An uptick in Crude Oil prices…
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EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies
EUR/GBP moves slowly as traders adopt caution ahead of PMI data release from the Eurozone and the UK. The overall…
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EUR/JPY Keeps bullish vibe, first upside target emerges above 163.00
EUR/JPY extends the decline to near 162.35 in Thursday’s early European session, down 0.25% on the day. The positive view…
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JPY stands firm near two-week top against USD on BoJ rate hike bets
The Japanese Yen attracted some dip-buyers following upbeat domestic data. BoJ rate hike bets and reviving safe-haven demand also lend…
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GBP/USD rises to near 1.3450 ahead of UK PMI data
GBP/USD strengthens as the US Dollar continues to weaken on Moody’s downgrading of the US credit rating. Fed policymakers partially…
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USD/INR softens ahead of Indian/US PMI releases
Indian Rupee gains traction in Thursday’s Asian session. The strength in Asian peers and a softer US Dollar underpin the…
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AUD holds ground as US Dollar struggles on shaky market sentiment
The Australian Dollar strengthens as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May,…
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EUR/USD hovers near 1.1350, two-week highs ahead of HCOB PMI for Eurozone
EUR/USD strengthens as HCOB PMI data are expected to show overall growth in business activity in May. S&P Global US…
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NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day. New Zealand’s Trade Surplus…
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