USD
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USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark
USD/CAD struggles to lure buyers, though a combination of factors helps limit the downside. Bearish Crude Oil prices undermine the…
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JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus
The Japanese Yen drifts lower for the third straight day after the BoJ announced its policy decision. The BoJ decided…
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USD/CHF Maintains position near 0.8250 near nine-day EMA support
USD/CHF may approach immediate resistance at the upper boundary of its consolidation range around 0.8350. The 14-day RSI has moved…
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AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI
The Australian Dollar loses ground ahead of the US ISM Manufacturing PMI data release on Thursday. Australia’s Bureau of Statistics…
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GBP/USD drops as US economy shrinks, inflation holds firm
The US economy contracts 0.3% in Q1, missing forecasts and raising stagflation concerns. Inflation accelerates with Q1 price index at…
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USD/CHF down as soft US data and China slowdown hit sentiment
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment.…
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EUR/USD recovers as US Dollar falls back after weak US Employment, GDP data
EUR/USD rebounds to near 1.1385 as the US Dollar surrenders some gains after the release of the US ADP Employment…
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Pound Sterling declines against USD despite US economic contraction
The Pound Sterling retraces against the US Dollar to near 1.3350 as the former underperforms across the board. The US…
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EUR/USD slips as Eurozone major economies report soft inflation data
EUR/USD falls to near 1.1370 as major nations in the Eurozone have indicated that price pressures grew moderately. The pair…
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Chart of The Day – EUR/USD
Today, EURUSD is trading around $1.1395-$1.1400 declining by a modest 0.10%. The pair surged 5.10% in April so far, its…
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