In this article, we have covered the highlights of global market news about the USD/MXN, USD/CAD, USD/JPY and AUD/USD. USD/MXN Price Analysis: A recovery below 18.16 remains difficult. In the lead-up to Wednesday’s European trading day, USD/MXN falls from its intraday high, breaking a two-day advance. It now trades at 18.10. Hence, the Mexican Peso (MXN) pair …
In this article, we have covered the highlights of global market news about the USD/JPY, AUD/USD, USD/CAD and USD/MXN. USD/JPY trades with minor losses as the USD weakens; the downside seems restricted. For the second straight day, the USD/JPY pair saw some selling pressure and moved farther away from the YTD top, which was at the 137.10 area …
In this article, we have covered the highlights of global market news about the EUR/USD, USD/CAD, USD/BRL and USD/JPY. EUR/USD reclaimed 1.0600, extending its gains thanks to a weak US dollar. On a weaker US Dollar and amid rumors that the US Federal Reserve (Fed) will not raise rates further than what money market futures anticipate, the pair …
In this article, we have covered the highlights of global market news about the AUD/USD, GBP/USD, EUR/USD and USD/INR. AUD/USD: Modest buy around 0.6750 as USD tracks offbeat yields, US ISM Services PMI watched While it oscillates around the intraday high of 0.6752 early on Friday in Europe, the AUD/USD seems poised to break a two-week downtrend. In doing so, …
In this article, we have covered the highlights of global market news about the USD/CHF, NZD/USD, AUD/USD and EUR/USD. USD/CHF bulls hover around 0.9400 as weaker Swiss data challenges inflation worries. After a gloomy start to March, USD/CHF licks its wounds around 0.9400 as the Swiss currency pair begins to attract bids early on Thursday. In doing so, the quotation …
In this article, we have covered the highlights of global market news about the AUD/USD, NZD/USD, USD/TRY and USD/CAD. AUD/USD Price Analysis: Bears are closing on the 0.6700 support level. The intraday low of 0.6730 is being held by the AUD/USD, which has reversed the previous day’s gains going into Thursday’s European session. As a result, the Australian dollar pair …
In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, USD/CHF and AUD/USD. EUR/USD Price Analysis: Sits around 1.0600 on the bull’s radar. Early on Tuesday, at 1.0600, the EUR/USD bulls pause following the previous day’s largest daily rise in over a month. However, the important currency pair is still headed for its first …
In this article, we have covered the highlights of global market news about the AUD/USD, GBP/USD, USD/CAD and NZD/USD. AUD/USD: Weak near-term forecast continues, according to UOB According to UOB Group economists Lee Sue Ann and Quek Ser Leang, the short-term outlook for AUD/USD indicate that the slide might continue to the 0.6680 zone. 24-hour perspective: “We …
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, NZD/USD and GBP/USD. Before the Fed’s favored inflation indicator, the EUR/USD maintained control around 1.0600. After a corrective recovery from a multi-day bottom that positioned the four-day decline to early Friday am in Asia, EUR/USD has maintained its lower ground at …
In this article, we have covered the highlights of global market news about the AUD/USD, XAU/USD, EUR/GBP and NZD/USD. AUD/USD: With the current prudence and weakening USD, the upside is limited below 0.6850. In Thursday’s Asian trade, AUD/USD started a period of consolidation below 0.6850. The cautious market sentiment is putting pressure on the pair, although the …
