Browsing: Forex
The Greenback goes nowhere after a rather soft start in Asia on Monday. All eyes are on geopolitics after the Biden Administration…
The Pound Sterling rebounds slightly after weak UK GDP-driven-selling on Friday. The next big move for the British currency will likely…
GBP/USD has a trendline support level of around 1.2570, DBS’ Senior FX Strategist Philip Wee notes. Bailey to reaffirm BoE’s…
AUD/USD appears oversold below 0.65 relative to where Asian currencies and commodity prices are, DBS’ Senior FX Strategist Philip Wee notes.…
The Dollar Index (DXY) rebounded by 5.9% to 106.7 in the past 1.5 months, following its 4.8% decline to 100.8…
AUD/USD struggles around 0.6450 as the US Dollar performs strong broadly. Trump’s economic agenda is expected to boost price pressures.…
The Swiss Franc (CHF) weakening this episode (QTD) comes alongside the decline also seen in other major FX, though the…
The Euro (EUR) is likely to trade in a range between 1.0505 and 1.0585. In the longer run, price action…
EUR/USD consolidates above 1.0500 as investors look for fresh cues for Fed-ECB likely interest rate action in December. Fed’s Powell…
AUD/JPY depreciated as BoJ Ueda reiterated that interest rate hikes would proceed gradually. BoJ Governor Ueda also emphasized the importance…
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