USD/MXN consolidates around 17.1350 on investors caution ahead of US Fed decision
USD/MXN trades sideways as the investors turn cautious ahead of the Fed decision. US Dollar (USD) could experience upward support on the likelihood of a 25 basis points interest rate…
USD/JPY consolidates in a narrow range above 147.50, investors await BoJ, Fed rate decision
USD/JPY oscillates around the 147.68-147.88 region in a narrow trading band. The Federal Reserve (Fed) is likely to hold rates steady on its September meeting. The possibility that the Bank…
AUD/JPY Price Analysis: Extends its upside beyond 95.30, bolstered by upbeat Chinese data
AUD/JPY trades in positive territory for the sixth straight day on Friday. Relative Strength Index (RSI) holds above 50 in the bullish territory. The immediate resistance level emerges at 95.78;…
USD/MXN drops toward 17.1000 after US CPI data, focus shifts to Core PPI
USD/MXN trades lower after the release of US CPI data on Wednesday. US Dollar (USD) experienced downward pressure following the market sentiment of no interest rate hike by the Fed…
GBP/USD Price Analysis: Oscillates in a range below the 1.2500 mark, eyes on UK GDP, US CPI
GBP/USD oscillates in the 1.2480-1.2502 region in a trading band. The pair holds below the 50- and 100-hour EMAs on the one-hour chart; the RSI stands below 50. The critical…
EUR/JPY struggles to find a direction below the 157.60 mark, German ZEW survey eyed
EUR/JPY holds below the 157.60 area and lacks follow-through. Analysts expect the ECB to keep interest rates steady at its September policy meeting on Thursday. BoJ Governor said the central…
USD/INR experiences downward pressure, trades below 83.00
USD/INR extends its losses on the third day, driven by the anticipation of a dovish Fed policy in September. Upbeat Gift Nifty is underpinning the Indian Rupee (INR). Improved US…
USD/CAD retreats from multi-month top, eyes mid-1.3600s ahead of Canadian jobs data
USD/CAD drifts lower during the Asian session on Friday amid a modest USD weakness. A combination of factors warrants some caution before positioning for any meaningful slide. Traders now look…
Gold Price Forecast: XAU/USD snaps a losing streak, trades higher around $1,920
Gold price trades higher despite firmer US Dollar (USD). Upbeat US Treasury yields support the Greenback’s run-up. China-linked fear weighs on the price of bright metal. Gold price snaps five-day…
Asian Stock Market: Bears keep the reins as China property stocks fail to tame growth fears
Markets in Asia-Pacific zone edge lower amid China economic woes. Real-estate shares in China rebound on hopes of more stimulus for property sector in Beijing. US soft landing concerns, hawkish…
