USD/CAD Price Forecast: Bulls might find resistance around 1.3800
The US Dollar might struggle to extend gains above 1.3800 amid the positive market sentiment. The Canadian Dollar…
Read MoreRBNZ: Pencilling deeper cuts – Standard Chartered
Q2 GDP contracted 0.9% q/q, much weaker than both consensus and the RBNZ’s -0.3% forecast. Weakness was broad-based…
Read MoreAUD/USD recovers some weak Aussie labor data-driven losses, US jobless claims eyed
AUD/USD recovers some of its early losses, which were driven by weak Australian employment data. The Australian laborforce…
Read MoreJapanese Yen sticks to negative bias; looks to BoJ policy update for fresh impetus
The Japanese Yen extends the post-FOMC decline against a broadly rebounding USD. The divergent BoJ-Fed outlooks should limit…
Read MorePound Sterling corrects against US Dollar ahead of BoE’s monetary policy decision
The Pound Sterling retraces against the US Dollar ahead of the monetary policy announcement by the BoE. Investors…
Read MoreEUR/USD briefly surges after Fed cuts interest rates
The Fed has finally cut interest rates for the first time since December. SEP sees more rate moves…
Read MoreDollar Index outlook: Bears may accelerate if Fed signals a start policy easing cycle
Dollar Index Bears take a breather above new 11-week low on Wednesday, as markets await the verdict from Fed at…
Read MoreUS labour market: Gradual cooling continues
The July JOLTs report reinforced the cooling labour market narrative, though largely due to reduced hiring rather than…
Read MoreGBP: Fiscal policy remains the weakest link – ING
The rug was pulled from under the sterling rally yesterday when the Financial Times reported that the Office for Budget…
Read MoreUSD/CHF trades vulnerably near 0.7860 ahead of Fed’s policy decision
USD/CHF posts fresh 14-year low around 0.7860 amid firm Fed dovish speculation. Fed dovish bets have been prompted…
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