USD
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United States Dollar Index softens below 99.00 on US fiscal concerns
US Dollar Index weakens to around 98.80 in Monday’s Asian session. Treasury bond buybacks raise concerns over the deteriorating fiscal outlook. Bessent…
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European PMIs stronger than expected. EUR/USD approaches 1.17 level
The eurozone flash composite PMI rose to 52.1 in August, beating the 51.7 forecast and pointing to a somewhat stronger…
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USD/JPY Price Forecast: 20-day EMA remains key hurdle
USD/JPY trades flat at around 159.00 as both currencies underperform their peers. The US aims to double the pace of…
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Eur gains on hawkish ECB outlook despite firm US Dollar
Strong Eurozone inflation and rising gas prices reinforce expectations for further ECB interest rate hikes. Resurgent US Treasury yields may…
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New Zealand Dollar extends gains to fresh high since June, above mid-0.5900s vs softer USD
NZD/USD retains its positive bias for the third straight day amid a combination of supporting factors. Receding Fed-hike bets weigh…
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Canadian Dollar gains ground amid rising oil prices
Canadian Dollar receives support amid higher oil prices driven by US-Iran tensions over the Strait of Hormuz. Washington plans maximum…
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British Pound edges higher to near 1.3650, UK Retail Sales data looms
GBP/USD strengthens to around 1.3645 in Friday’s early Asian session. A disappointing US jobs report and softer inflation data dialed…
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United States Dollar Index trades around 99.75-99.70, hangs near three-month low
DXY struggles to capitalize on the previous day’s modest bounce from an over three-month trough. Receding Fed-hike bets undermine the…
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Australian Dollar gains ground above 0.7100 as US debt concerns weigh on US Dollar
AUD/USD edges higher to around 0.7135 in Friday’s Asian session. Traders are still worried about growing US debt, undermining the…
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Swiss Franc edges up against US Dollar amid heightened US debt concerns
The Swiss Franc bounces back against the US Dollar after a corrective move on Thursday. Ballooning US government debt levels…
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