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The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead of the festivities next week. The...
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5 Minutes
1 Minute
EUR/USD to trade at lower levels on a 6-12M horizon – Danske Bank
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EUR/USD has rallied over the past month with the cross breaching the 1.08 mark. Economists at Danske Bank analyze the pair’s outlook. Further upside potential in the near-term We maintain the...
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3 Minutes
USD/CAD Outlook: Bulls need to wait for sustained strength beyond 1.3800 mark
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USD/CAD scales higher for the second straight day amid bearish Crude Oil prices. Bets that the Fed is done hiking interest rates weigh on the USD and cap the upside. The...
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5 Minutes
JGB yields decline, track drop in UST rates, recent US data weakness in focus
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Asia Market Update: JGB yields decline, track drop in UST rates; Recent US data weakness in focus; Ueda spoke; Hang Seng lags on plunge in Alibaba. General trend – Equity markets...
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1 Minute
Dollar bear trend to pick up pace through 2024 – ING
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2024 should be the year US exceptionalism wanes and currencies outside of the US are allowed to refloat, economists at ING report. The end of US exceptionalism Our simple thesis is...
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6 Minutes
US Dollar in the green, recovering partial losses from CPI massacre
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The Greenback dropped over 1.5% on Tuesday, its worst performance in over a year. Traders are seeing the US Dollar getting stronger again on the back of stronger Retail Sales data. ...
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2 Minutes
US Retail Sales Preview: Forecasts from seven major banks, retreat in consumption for first time since March
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The US Census Bureau will release the October Retail Sales report on Wednesday, November 15 at 13:30 GMT and as we get closer to the release time, here are the forecasts...
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6 Minutes
US Consumer Price Index to show inflation declining to lowest levels since July
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The Consumer Price Index in the US is forecast to rise 3.3% YoY in October, down from the 3.7% increase recorded in September. Annual Core CPI inflation is expected to hold...
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5 Minutes
Oil flat as OPEC report contradicts markets gloomy outlook
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WTI Oil has fallen to a four-month-low. The US Dollar is in a wait-and-see pattern ahead of US inflation numbers. Oil remains subdued as OPEC pushed back against bearish demand side...
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5 Minutes
US Dollar mixed, near flat ahead of inflation numbers later this week
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The Greenback retreats a touch and starts the week on the backfoot. Traders will keep their powder dry for Wednesday and Thursday. The US Dollar Index is expected not to make...
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