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The euro picked up some bids on Friday morning as the preliminary consumer prices reading for May showed hotter-than-expected inflation. EUR/USD has taken advantage of Thursday’s reversal on the back...
GBP/USD turned bearish on Wednesday after being rejected at 1.28 the day prior. It’s not the first time the pair has been rejected at that level which suggests it has become somewhat of a...
The EUR/USD lost its earlier gains on Tuesday, before dropping slightly in the first half of Wednesday’s session following the release of a weaker-than-expect German CPI report. Meanwhile, the US...
The EUR/USD pair is experiencing a short correction upwards but remains within a broader downtrend. Meanwhile, the policy divergence could occur between the Fed and the ECB depending on the Eurozone...
The US dollar rally halted last week after Fed Minutes came out. This week, the greenback is eyeing key inflation and GDP data. It could break out toward 106 if the data is favorable. Invest like the...
USD: Minutes boost may not last The 1 May FOMC minutes, released yesterday, surprised on the hawkish side and bolstered the dollar. While the general view was that policy was “well...
US dollar finds mild support from hawkish Fedspeak for now Global PMIs and Core PCE among major macro highlights still to come in May EUR/USD technical analysis points higher The US dollar has been...
The EUR/USD pair is gently declining towards 1.0858 on Tuesday but remains within a medium-term range.This week sees few significant US statistics releases, which could provide investors with insights...
USD: Watch for a rising USD/JPY May has so far brought a weak dollar, strong risk sentiment, and growing expectations for Federal Reserve easing. A data-gripped market may, however, need to find the...
What now for the US dollar?That’s the key question after Wednesday’s softer data releases caused the greenback to fall across the board, underscoring the view that the economic growth is...
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