Market News

AUD/USD walks water above 0.7600 AUD/USD clings to the consolidative mood above 0.7600. Support comes in at the YTD lows near 0.7530(Thursday). US NFP is looking forward to being in the limelight later on Friday. The Aussie Dollar alternates gains with losses vs its American Counterpart, leaving the price movement around AUD/USD side-lined over the

When are the Eurozone prelude CPIs & how could they affect EUR/USD?   Summary on Preliminary CPIs Eurostat will announce the first estimate of Eurozone inflation figures for March at 0900 GMT on Wednesday. The headline of CPI (Consumer Price Index) is an antedate to come in higher at 1.3% YoY while the core inflations are

USD/CHF invigorates multi-month tops amid sustained USD buying     USD/CHF cut out of a two-day-old trading range and refreshed multi-month tops on Tuesday.  The optimistic US economic outlook, rising US bond yields continued underpinning the greenback. A positive risk tone registered on the safe-haven CHF and provided an additional boost to the pair.  The USD

Dollar Elevated, Euro Put with Massive Monthly Drop Since 2019   The Dollar was high on Monday morning, lingered around record gains the euro and yen. The Last week’s U.S. Economic data and the rapid pace of the COVID-19 Vaccination rollout program leads the traders to turn towards the Dollar. The U.S. Dollar Index slightly

USD/CAD: BoC to give an encouraging tailwind for the loonie- TDS   Statisticians at TD Securities look for the CAD to maintain a supportive tailwind after the Bank of Canada outlined steps to unwind its remarkable encouragement programs in the weeks ahead. “The Bank will discontinue all remaining liquidity-focused programs ‘in the coming weeks. Term repo