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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.
EUR/USD Forecast: The 200-day SMA holds the downside…for now
The Forex Market· 2 hours agoEUR/USD met a decent resistance near 1.0860 so far. The decent recovery in the Dollar kept the pair...
US Dollar back at square one this week with all eyes on Powell
The Forex Market· 8 hours agoTraders do not bother any further on Tuesday and instead focus on US Federal Reserve (Fed) Chairman...
EUR/USD Forecast: All the attention is now on Powell and US data
The Forex Market· 22 hours agoMarkets’ focus now shifts to Powell’s testimony and US CPI. The US Dollar (USD) managed to regain...
Japanese Yen sideways while BoJ consults bond traders
The Forex Market· 10 hours agoThe BoJ is holding consultation rounds with bond market participants. The Japanese Yen (JPY) is...
EUR/USD Forecast: Next stop comes at 1.0900
The Forex Market· 6 days agoThe FOMC Minutes said rate hikes are on the table if inflation increases. A marked decline in the US Dollar (USD) caused the USD Index (DXY) to revisit...
USD/CHF Price Analysis: 200-day EMA continues to be key support
The Forex Market· 10 hours agoUSD/CHF recovers to near 0.9000 ahead of Fed Powell’s testimony. Investors expect that the Fed will...
Natural Gas dips further with China’s soft patch and green energy attributing
The Forex Market· 1 day agoNatural Gas extends losses early on Monday. China’s easing manufacturing activity is limiting demand...
USD/CAD Price Analysis: Seems vulnerable near 1.3600 ahead of US/Canada Employment
The Forex Market· 5 days agoUSD/CAD sees more downside below 1.3600 as the US Dollar remains on the backfoot. Easing US labor...
EUR/USD Forecast: The upcoming NFP will surely dictate the mood
The Forex Market· 5 days agoThere was no activity in the US due to the Independence Day holiday. The US Dollar (USD) experienced...