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Gbp/usd retreats from 1.2330 as cautious market mood improves us dollar appeal
GBP/USD has shown recovery from 1.2330 however, the downside bias seems solid. Investors are entirely focusing on the US debt-ceiling issues rather th...
May 25, 2023, 5:14 am
Nzd/usd stalls on the offer after fomc minutes
NZD/USD bears throw in the towel at fresh cycle lows. FOMC minutes rescue the bird from a dovish RBNZ o...
May 24, 2023, 9:29 pm
Euro sees near-term boost, commodity currencies pressured
Today’s trading session saw broad selling pressure on commodity currencies, partially due to risk-off sentiment prevalent in the market and partly d...
May 24, 2023, 1:18 pm
Gbp bounces on cpi, nzd down after rbnz
New Zealand Dollar falls broadly today as the markets considered the RBNZ rate hike as a dovish one, pr...
May 24, 2023, 6:41 am
Fx play of the day: aud/nzd ready to test channel top
The RBNZ had a bit of a dovish hike today, but can this channel resistance on AUD/NZD still hold?......
May 24, 2023, 6:25 am
Nzd/usd dives after dovish rbnz hike
RBNZ raised OCR by 25bps to 5.50% today, reaching the projected peak interest rate. The decision was made by a 5-2 vote, with two committee members vo...
May 24, 2023, 6:19 am
Usd/jpy outlook: hits 6-month top on fed’s rate hike bets
Fed officials indicated that the central bank still has further steps to take. There’s a stark contrast between a still-hawkish Fed and an extremely...
May 23, 2023, 8:32 am
Aud/usd teases bears around 0.6650 as hopes of us debt ceiling deal propel us dollar ahead of pmi
Furthermore, the recent run-up in the odds favoring the Federal Reserve’s (Fed) 0.25% rate hike in June, as well as no rate cuts in 2023, versus the...
May 23, 2023, 6:14 am
Aud/usd price analysis: bulls are moving in, forming rhs of inverse h&s
AUD/USD bulls are moving in and eye upside extension. The inverse head and shoulders are a bullish feature on the charts. AUD/USD was boosted on a
May 22, 2023, 8:29 pm
Fed hawks and doves send conflicting signals
Hawkish/dovish messages from Fed members...
May 22, 2023, 7:39 pm
Aud/usd outlook: extended sideways mode looks for fresh direction signals
Australian dollar remains in a choppy and directionless mode for the third straight day, awaiting fresh signals. Fed Powell’s surprise...
May 22, 2023, 10:14 am
Us dollar slides on uncertainties while japanese yen firms despite poor data
The US Dollar drifted lower as debt ceiling concerns and a potentially dovish Federal Reserve undermine...
May 22, 2023, 5:00 am
Usd/chf looks vulnerable above 0.8980 as fed delivers dovish interest rate guidance
USD/CHF is facing pressure above 0.8980 as Fed believes that US tight credit conditions are weighing on US inflation. US equities witnessed a sell-off...
May 22, 2023, 12:29 am
Eur/usd outlook: euro attempts fightback post powell, us data to come
EUR/USD looks to key US economic data for guidance after a dovish Powell pushed the euro back above 1.0...
May 20, 2023, 4:00 am
Bitcoin hovers below $27k as fed chair powell makes modestly dovish comments
Bitcoin (BTC) continued to hold below $27,000 as U.S. Federal Reserve Chair Jerome Powell said stress in the banking sector might allow the … Read F...
May 19, 2023, 8:44 pm
Boj's ueda: japan inflation likely to slow back below 2% in middle of current fiscal year
Then likely to rebound thereafter through uncertainty regarding outlook is very highCurrent inflation rise is due to external, cost-push factors; not ...
May 19, 2023, 7:40 am
Aud/usd faces resistance around 0.6650 as rba to reinforce dovish policy ahead
AUD/USD has sensed selling pressure around 0.6650 as investors are anticipating a neutral policy stance by the RBA. The appeal for US equities seems s...
May 18, 2023, 10:59 pm
Fed's kashkari: inflation is much too high but starting to come down
Fed has more work to do, we should not be fooled by a few months of good dataLabor market is still hot, we have a long way to go before reaching infla...
May 15, 2023, 1:45 pm
Usd/jpy bulls prod 136.00 amid firmer yields, us debt ceiling fears and dovish bias of boj’s ueda
USD/JPY prints three-day winning streak near 135.80 despite recently easing from the highest level eight days as Tokyo opens for Monday. In doing so, ...
May 15, 2023, 12:59 am
Us dollar vulnerable ahead of boe rate call and ecb speakers. higher eur/usd?
The Euro consolidated today despite US Dollar weakness post CPI. Chinese CPI was also soft prompting hopes that the PBOC might turn...
May 14, 2023, 2:59 pm