USD/CHF tumbles to below 0.8150 ahead of Trump’s tariff deadline
USD/CHF softens to near 0.8125 in Thursday’s early European session, down 0.31% on the day. Trade uncertainty continues…
Read MoreUSD/CAD holds gains above 1.3815 with US PCE Inflation on tap
The US Dollar stands tall, favoured by solid US data and a hawkish Fed. The BoC kept rates…
Read MoreNZD/USD moves away from over one-month low, climbs to 0.5925-0.5930 on softer USD
NZD/USD snaps a five-day losing streak to over a one-month low amid a modest USD pullback. The Fed’s…
Read MoreAustralian Dollar holds ground following release of Retail Sales, China’s PMI data
The Australian Dollar maintains its position as Retail Sales climbed 1.2% MoM in June, compared to the expected…
Read MoreUSD/JPY: Squeeze continues; watch BoJ – OCBC
USD/JPY built on momentum to trade higher. Another round of rebound in USD, following market disappointment with Fed outcome was…
Read MorePound Sterling finds cushion as US Dollar takes a breather from recent rally
The Pound Sterling attracts bids near 1.3230 against the US Dollar, struggling to extend its winning streak. Traders…
Read MoreEUR/USD breaks key support, downtrend accelerates – Société Générale
EUR/USD has shifted into a clear downtrend after failing to hold above 1.1830 and breaking below its multi-month trend…
Read MoreBank of Japan pauses while hiking inflation outlook
As widely expected, the Bank of Japan unanimously kept its policy rate at 0.5%. Governor Kazuo Ueda emphasised the data-dependent…
Read MoreToday is a big day featuring the Fed rate decision this afternoon
Leading up to the Fed today, the incoming data is better than the not-bad we expected. The trade deficit was…
Read MoreFed to rebel against Trump but ‘in a tough spot’ over future policy easing
Following the unveiling of Trump’s tariffs on 2nd April, markets were quick to price in a more aggressive…
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