US Govt uncertainty keeps ‘Dollar on the defensive’ ahead of PMI figures
The uncertainty surrounding the shutdown has kept the dollar on the defensive so far this week, and a mild…
Read MoreUSD/CHF consolidates above 0.7950 after rejection at 0.8000
The US Dollar failed again at 0.8000 and is looking for direction within a tight range above 0.7950.…
Read MoreUSD/CAD drifts lower to near 1.3950 as Fed rate cut bets grow
USD/CAD softens around 1.3960 in Friday’s early European session. Traders expect the Fed to cut interest rates two…
Read MoreNZD/USD edges up to day highs near 0.5820 but remains within previous ranges
The New Zealand Dollar rises to a session high near 0.5830, but remains below Thursday's highs, at 0.5842…
Read MoreAUD/USD rises to near 0.6600 as traders pare RBA dovish bets
AUD/USD moves higher to near 0.6600 amid easing RBA dovish bets. Traders pare Fed dovish bets as inflation…
Read MoreJapanese Yen remains depressed amid political uncertainty, receding safe-haven demand
The Japanese Yen drifts lower for the second straight day against a recovering USD. Receding safe-haven demand undermines…
Read MoreGBP/USD may retest the 1.3400 level – UOB Group
The softened underlying suggests Pound Sterling (GBP) may retest the 1.3400 level; a continued decline below this level…
Read MoreEUR/USD: Likely to trade in a range of 1.1690/1.1750 – UOB Group
There has no significant shift in either downward or upward momentum; Euro (EUR) is likely to trade in…
Read MoreGBP: Some risk premium is building – ING
EUR/GBP corrected lower on some EUR long squeezing yesterday, but seems to be lacking bearish momentum to trade…
Read MoreUSD/CHF drifts away from 0.7975 highs despite soft Swiss inflation data
The US Dollar is trimming Wednesday gains on Thursday, pulling back to session lows near 0.7950. The generalised…
Read More