Japan Jibun Bank Manufacturing PMI below expectations (49.9) in April: Actual (49.6)
Japan Jibun Bank Manufacturing PMI below expectations (49.9) in April: Actual (49.6)
Read More »Oil Prices Drop after US Employment Data Lifts USD, FOMC Next
Oil prices dropped after the EIA revised total US oil demand (Feb) higher. A surprise in US employment costs also sparked a rise in USD, weighing on oil
Read More »USD/CAD posts modest gains above 1.3650 ahead of Canadian GDP data
The USD/CAD pair posts modest gains around 1.3665 on Tuesday during the early Asian trading hours.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2459 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Aussie Dollar Technical Analysis: AUD/USD, AUD/NZD, AUD/JPY Price Setups
The Aussie dollar is one of the more recent standouts in the FX space, benefitting from a risk off environment and hotter-than-expected inflation. AUD Setups analysed
Read More »US Dollar Tanks Ahead of Fed Verdict, NFP Data – EUR/USD, GBP/USD, USD/CAD
This article explores the fundamental and the technical outlook for the U.S. dollar, zeroing in on three popular and very liquid pairs: EUR/USD, GBP/USD and USD/CAD.
Read More »The GBPUSD is trading to a new high and tests the 200 day MA
The GBPUSD is training to new highs in the processes moving above the 61.8% retracement of the April trading range at 1.25519. The prices also tilting above the 200-day moving…
Read More »Natural Gas eats into Monday’s profit ahead of US session
Natural Gas (XNG/USD) prices are ticking up above $2 on Monday, showing a distorted picture of fundamentals against correlations. Fundamentally, Gas prices are expected to retreat a little
Read More »Australian Dollar rises on hawkish sentiment surrounding RBA amid subdued US Dollar
The Australian Dollar (AUD) continued its winning streak on Monday that began on April 22, trading around the three-week high of 0.6560.
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