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US Dollar struggles to build on last week’s gains. US Dollar Index stays on the back foot as risk mood improves on debt-limit deal. Investors await May Consumer Confidence Index data...
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4 Minutes
2 Minutes
EUR/USD Forecast: Poised to challenge the 1.0700 threshold
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EUR/USD Current Price: 1.0711 Holidays in Europe and the United States behind a slow start to the week. United States authorities reached a deal on the debt ceiling, still needs to...
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1 Minute
USD/CAD can move sustainably below 1.30 by end-2023 – ING
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Economists at ING expect the USD/CAD to move below the 1.30 level by the end of the year. Short-term headwinds for CAD remain non-negligible “Short-term headwinds for CAD remain non-negligible, starting...
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3 Minutes
USD/CAD bulls flirt with 1.3600 as Oil edges higher, US Dollar rises amid mixed feelings about US default
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USD/CAD renews three-week high but stays sidelined of late. Traders rush to US Dollar in search of risk safety amid anxiety about US debt ceiling extension talks. Oil price struggles to...
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1 Minute
USD/INR Price News: Corrects from two-month high near 82.70 as US debt-ceiling talks approach do or die time
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USD/INR has dropped from a two-month high of 82.90 amid a decline in the USD index. The headlines of the face-to-face US Biden-McCarthy meeting has improved risk sentiment. Fed Kashkari cited...
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3 Minutes
USD/CAD rebounds from 1.3480 support amid downbeat Oil price, focus on US debt ceiling talks
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USD/CAD picks up bids to pare intraday losses amid Canada bank holiday. WTI remains pressured amid fears of less energy demand, higher supplies. Mixed concerns about US debt ceiling negotiations, Fed...
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2 Minutes
AUD/USD clings to gains above mid-0.6600s as traders keenly await Powell’s speech
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AUD/USD catches aggressive bids on Friday and draws support from a modest USD weakness. The risk-on impulse undermines the safe-haven buck and benefits the risk-sensitive Aussie. A further rise in the...
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2 Minutes
GBP/USD eases from daily peak, up a little below mid-1.2400s ahead of Fed’s Powell
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GBP/USD stages a goodish recovery from over a three-week low amid a modest USD pullback. Hawkish Fed expectations and the US debt ceiling optimism should help limit the USD losses. Traders...
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2 Minutes
GBP/USD rebounds from multi-week low amid softer USD, lacks bullish conviction
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GBP/USD attracts some buying on Friday amid a modest USD pullback from a two-month high. A positive risk tone turns out to be a key factor that prompts some profit-taking around...
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1 Minute
USD/JPY Price Analysis: Yen pair retreats from six-month high near 138.50 amid overbought RSI
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USD/JPY snaps six-day uptrend at the highest levels since November 2022, struggles to defend Yen buyers of late. Short-term support lines, previous resistance from March challenge pair sellers. Pair buyers may...
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