Australian Dollar struggles as US Dollar appreciates ahead of FOMC Minutes
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Wednesday for the third...
USD/JPY: Near term rebound; sell rallies preferred – OCBC
USD/JPY rebounded amid chatters of USD short covering, month-end flows. Pair was last at 144.03 levels,...
Pound Sterling recovers against US Dollar as Greenback falls back
The Pound Sterling (GBP) recoups initial losses against the US Dollar (USD) during European trading...
SEK softens despite EU optimism – ING
The Swedish krona has started the week on the softer side against the Euro, ING’s...
Gold’s pullback halts but bears still in town
Gold took a downturn after meeting the resistance line drawn from its all-time high of...
EU spokesperson: EU’s ‘zero-for-zero’ proposal still on table in talks with US
A spokesperson for the European Commission said on Monday that the European Union’s (EU) ‘zero-for-zero’...
Pound Sterling outperforms while BoE Pill warns caution on interest rate cuts
The Pound Sterling (GBP) trades higher against its peers, except second-level safe-haven assets, on Tuesday....
Japanese Yen remains on the front foot amid hawkish BoJ expectations; USD/JPY seems vulnerable below mid-144.00s
The Japanese (JPY) retains its positive bias heading into the European session and climbs to...
Risk sentiment remains stable despite the US ratings downgrade
EU mid-market update: Risk sentiment remains stable despite the U.S. ratings downgrade, with attention returning to...
Why the Bank of England can relax about inflation
Services inflation, a key indicator for the Bank of England, should fall much closer to 4%...