Australian 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…
Read MoreThe commodities feed: Oil rallies as Trump confirms new deadline for Russia
Oil prices extended their rally yesterday as President Trump confirmed that he will give Russia 10 days to…
Read MoreBoC set to keep interest rate on hold amid tariff uncertainty
FXStreet expects the Bank of Canada to maintain unchanged rates on July 30. The Canadian Dollar maintains a…
Read MoreNZD/USD: Likely to trade in a sideways range of 0.5940/0.597 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.5940/0.5975 against US Dollar (USD).…
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