MARKET NEWS
EUR/USD pullback eyes 1.1300 ahead of Fed Minutes, US Retail Sales
EUR/USD pullback eyes 1.1300 ahead of Fed Minutes, US Retail Sales EUR/USD takes offers to revive every day low close 1.1345, down 0.11% intraday, as the pair dealers merge the heaviest day by day hop in a fortnight during Wednesday’s Asian meeting. The significant cash pair merchants appear to regard the market’s mindful confidence while
Read moreUSD/CAD Traders Looking for Oil Price for Direction
USD/CAD Traders Looking for Oil Price for Direction USD/CAD steadies in Asia as traders remain jittery over the possibility of increased tensions around the prospect of Russia invading Ukraine. The price of oil, which CAD trades as a proxy, has increased in proportion to the Russian risk premium. As a result, the Loonie is a
Read moreEUR/USD towards 1.1305 as threat of Russian aggression grows heavier
EUR/USD towards 1.1305 as threat of Russian aggression grows heavier EUR/USD rallies early in the day as risk appetite fades with major Asian indexes printed in red. The EUSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.2 percent, while Japan’s Nikkei index lost 2.5 percent. At 1.1353, the Euro is now steady on
Read moreNZD / USD struggles to strengthen US dollar despite high inflation expectations of Reserve Bank of New Zealand
NZD / USD struggles to strengthen US dollar despite high inflation expectations of Reserve Bank of New Zealand At 0.6658, the NZD / USD fell 0.17% on the day as the greenback continues to dominate the top of the forex leaderboard. On a time basis, the US dollar is ahead while commodity currencies are behind.
Read moreGBP/USD steady in Asia ahead of key US CPI data
GBP/USD steady in Asia ahead of key US CPI data GBP/USD is steady on the day and patiently waits between 1.3526 and 1.3538 ahead of today’s key event in the US Consumer Price Index. The British Pound initially benefited from a weak Dollar at the start of the week and calmed central bank sentiment at
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Australian Dollar Holds Steady as US Dollar Softens Ahead of PMI Data
Japanese Yen Weakens Below 152.00 Against USD, Hits Fresh Three-Month Low
US Yields Boost Dollar, Weaken Yen
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