Pound 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).…
Read MoreAUD/USD struggles around 0.6500 as Australian inflation cools down, Fed policy awaited
AUD/USD drops to near 0.6500 as cooling Australian inflation paves the way for interest rate cuts by the…
Read MoreUSD: FX quiet into Wednesday’s ADP & FOMC – Scotiabank
FX markets are relatively quiet with limited movement across all of the G10 currencies as we head into…
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