Provided that New Zealand Dollar (NZD) remains below 0.6185, there is a chance for it to test 0.6115. A sustained break below this level appears unlikely. In the longer run, A break of 0.6115 could ...
USD/JPY fell sharply this morning after comments from BoJ’s Nakagama added to policy normalisation bias, OCBC FX strategist Frances Cheung and Christopher Wong note. “The drop in USD/JPY may also have ...
Any reference to "gradualism" or an unclear path on the extent of the tightening cycle could hit the real and call on the ...
The Australian Dollar (AUD) is expected to trade in a sideways range of 0.6630/0.6670. In the longer run, AUD is likely to edge lower to 0.6620, UOB Group FX analysts Quek Ser Leang and Peter Chia ...
USD’s performance is dependent on the market dynamics and growth environment when Fed cut cycle gets underway, OCBC FX strategist Frances Cheung and Christopher Wong note. “If Fed rate cuts were in ...
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $28.77 per troy ounce, up 1.29% from ...
Inflation in the US, as measured by the CPI, is expected to increase at an annual rate of 2.6% in August, down from the 2.9% ...
The USD braces for intense volatility, as any surprises from the US inflation report could significantly impact the market’s pricing of the Federal Reserve (Fed) interest rate cut expectations in ...
GBP/USD traded above 1.310 as European currencies moderately benefitted from Harris being the perceived winner of the debate, but is struggling to hold on to gains this morning after some ...
The Mexican Peso (MXN) is under downward pressure due to concerns over judicial reforms and dovish expectations for the Bank ...
The US presidential debate did not generate any shockwave for EUR/USD, but gave enough short-term support to the pair to send it back to 1.105 after a soft session yesterday, ING’s FX strategist ...
The Pound Sterling (GBP) could retest the 1.3050 level before a more sustained rebound is likely. In the longer run, GBP is expected to weaken further; the next level to watch is 1.3000, UOB Group FX ...