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The Japanese yen is slightly higher on Thursday. In the European session, USD/JPY is trading at 147.39, down 0.19%.The yen can’t seem to find its footing and has dropped close to 1% this week....
Dovish BoE commentary weighs on the pound Two more rate hikes are still heavily priced in Major support below around the 200/233-day SMA band The monetary policy report hearing can often be a...
Bank of Canada expected to hold rates at 5.0% US to release ISM Services PMI USD/CAD is trading quietly in Europe at 1.3651, up 0.06%. I expect to see stronger movement in the North American session,...
Australian GDP unchanged at 0.4% RBA holds rates at 4.10% AUD/USD edged higher on Wednesday, after sustaining sharp losses a day earlier. In the European session, AUD/USD is trading at 0.6391, up...
Loonie pares losses alongside oil price surge Oil rises on OPEC+ action, but may remain a choppy trade on global growth concerns and rising Non-OPEC production $100 oil risk will remain on the table...
RBA holds rates for third straight time AUD/USD slides 1.3% Australian GDP is expected to slow in the second quarter AUD/USD plunged on Tuesday after the Reserve Bank of Australia held rates at...
Swiss GDP stagnates in Q2 Manufacturing, exports decline The USD/CHF is in negative territory on Tuesday. In the European session, USD/CHF is trading at 0.8884, up 0.44%. The Swissie has lost over 1%...
Brent rally cools after another strong week The tight market continues to support the price No sign of technical divergence near $90 in Brent Oil prices are a little flat today after rallying another...
RBA expected to pause US nonfarm payrolls rise slightly to 187,000 The Australian Dollar has started the week with slight gains. In Monday’s European session, AUD/USD is trading at 0.6464, up...
USThe month started with a bang with the US jobs report but the following week is looking a little more subdued, starting with the bank holiday on Monday. Economic data is largely made up of revisions...
Canada’s GDP expected to ease in Q2 US nonfarm employment payrolls expected to dip to 177,000 The Canadian dollar is calm in the European session, trading at 1.3500, down 0.07%. I expect to see...
Strong run continues Chinese data doesn’t hinder the rally Momentum may be key as the price approaches August highs Oil prices are nudging higher again today, technically on course for a fifth...
Flash HICP in August 5.3% (5.1% expected, 5.3% in July) Flash core HICP in August 5.3% (5.3% expected, 5.5% in July) The key moving average provides resistance once again Eurozone economic indicators...
The euro is lower on Thursday, after a 3-day rally which pushed the currency 1% higher. In the European session, EUR/USD is trading at 1.0861, down 0.57%.Eurozone CPI steady, core CPI fallsEurozone...
New Zealand business confidence rises ADP Employment Change falls to 177,000 NZD/USD is almost flat on Thursday, trading at 0.5958 in Europe.New Zealand Business Confidence improves againNew...
ADP posts 177,000 new jobs but traders not convinced US Q2 GDP revised lower to 2.1% (2.4% previously) USD pares six-week gains after weaker figures this week The recovery in equity markets appears to...
JOLTS job openings slip to 8.827m (9.465m expected, 9.165m previously) Consumer confidence also falls but the survey is volatile Is last week’s breakout stalling? As we near the end of the...