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FX Daily: Macron and the Euro face a stalemate
The Forex Market· 12 hours agoThe euro appears to be waiting for cues from French coalition talks, with scenarios ranging from a left-wing government to a market-friendly technocrat...
Japanese Yen sideways while BoJ consults bond traders
The Forex Market· 12 hours agoThe BoJ is holding consultation rounds with bond market participants. The Japanese Yen (JPY) is...
USD/CHF Price Analysis: 200-day EMA continues to be key support
The Forex Market· 12 hours agoUSD/CHF recovers to near 0.9000 ahead of Fed Powell’s testimony. Investors expect that the Fed will...
Forex Today: All eyes on Powell
The Forex Market· 21 hours agoThe Greenback kicked off the week with decent gains, leaving behind some of the NFP-driven weakness and regaining some fresh traction in response to the...
USD/CAD oscillates in trading range above 1.3600, investors await Powell’s testimony
The Forex Market· 22 hours agoLoosening US labor market triggered the Fed rate cut expectation this year. Lower crude oil prices...
EUR/USD Forecast: All the attention is now on Powell and US data
The Forex Market· 24 hours agoMarkets’ focus now shifts to Powell’s testimony and US CPI. The US Dollar (USD) managed to regain...
Mexican Peso soars to 9-day high as USD/MXN dips below 18.00
The Forex Market· 24 hours agoMexican Peso rallies as USD/MXN drops below 18.00 and hits lowest level since June 25. June’s CPI...
US Dollar continues soft as markets await directions on fresh data
The Forex Market· 1 day agoThe US Dollar continues to struggle amid signs of disinflation in the US economy, fostering...
DXY: Softer NFP to weigh on USD – OCBC
The Forex Market· 1 day agoThe Dollar Index (DXY) fell last week on softer US data and Fedspeaks, OCBC FX analysts Frances Cheung and Christopher Wong note.
USD: Inflation and Powell in focus this week – ING
The Forex Market· 1 day agoThe dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent...