Forex
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NZD/USD strengthens above 0.5750 on growing risk of US government shutdown
NZD/USD gains momentum around 0.5770 in Monday’s Asian session. A possible government shutdown could undermine the US Dollar. Analysts noted…
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EUR/USD gains above 1.1700 due to rising Fed rate cut bets
EUR/USD gains ground as the US Dollar weakens on increasing odds of further Fed rate cuts. US Personal Consumption Expenditures…
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USD/CAD remains below 1.3950 after pulling back from four-month highs
USD/CAD retreated after reaching a four-month high of 1.3958 on Friday. The US Dollar struggles as the August inflation report…
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US Dollar Index attracts some sellers below 98.00 as US government risks shutdown
US Dollar Index tumbles to near 97.95 in Monday’s Asian session. Trump will meet with the top leaders in Congress later…
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Australian Dollar rises as US Dollar depreciates on Fed rate cut bets
Australian Dollar advances as RBA is widely expected to keep its interest rates unchanged on Tuesday. Australia posted a budget…
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Chart of The Day – EUR/USD
The euro is today the strongest G10 currency, rebounding about 0.15% against the dollar after two days of the deepest…
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GBP/USD stays near 1.3350 as traders adopt caution due to UK inflation risks
GBP/USD holds ground as the Pound Sterling steadies on the uncertain BoE policy stance. BoE’s Megan Greene signals caution on…
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EUR/GBP drifts higher to near 0.8750 on UK fiscal concerns
EUR/GBP gathers strength to around 0.8745 in Friday’s early European session. Markets priced in ECB to hold interest rates steady…
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EUR/USD strengthens above 1.1650 ahead of US PCE inflation data
EUR/USD gains traction near 1.1680 in Friday’s Asian session. Traders will take more cues from the key US PCE inflation…
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USD/CHF trades firmly near 0.8000 ahead of US PCE inflation data
USD/CHF exhibits strength ahead of the US PCE inflation data for August. Upbeat US Q2 GDP and a decline in…
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