EUR/USD flirts with two-month low, remains vulnerable while below 100-day SMA
EUR/USD turns lower for the third straight day and seems vulnerable to slide further. Expectations that the ECB will start…
USD/CAD stretches lower to near 1.3530 on improved Crude oil prices
USD/CAD moves lower on a subdued US Dollar. The decline in the US bond yields has weakened the Greenback. The…
EUR/GBP edges lower to near 0.8570 ahead of Retail Sales data from Eurozone, UK
EUR/GBP faces a challenge as the BoE is expected to avoid rate cuts in its upcoming meeting. BoE Chief Economist…
EUR/USD Price Analysis: Holds below 1.0800 ahead of German, Eurozone Services PMI data
EUR/USD attracts some sellers around 1.0780 on the firmer USD. The pair keeps the bearish outlook unchanged below the key…
GBP/USD Price Analysis: Pauses the post-BoE rally near mid-1.2700s ahead of US NFP
GBP/USD is seen consolidating the Thursday’s post-BoE recovery from over a two-week low. The technical setup seems tilted in favour…
US Dollar Index grapples to extend its gains, hovers around 103.50
US Dollar Index gains ground due to the Fed’s hawkish stance on interest rate trajectory. US Federal Reserve maintained its…
EUR/USD Price Analysis: Languishes near monthly low, focus remains on Fed decision
EUR/USD comes under some renewed selling pressure amid a modest pickup in the USD demand. The technical setup favours bearish…
Japanese Yen remains on the front foot against USD, lacks follow-through buying
The Japanese Yen builds on the overnight gains against the USD amid geopolitical risks. Hopes for an imminent shift in…
Pound Sterling recovers on improved market mood, US Core PCE Inflation in focus
Pound Sterling rebounds as market mood improves ahead of US core PCE price index data. High UK inflation would allow…
US GDP Preview: Economic growth expected to moderate at year-end
United States Gross Domestic Product is forecast to grow at an annualized rate of 2% in Q4. The resilience of…