According to the latest report published by the World Bank on Monday, India’s economy is seen contracting 3.2% in FY21, in the face of the economic and travel lockdowns imposed due to the coronavirus pandemic. ...
Dallas Fed Manufacturing Index recovered from record lows in May. US Dollar Index stays within a touching distance of 99.00. The economic activity in Texas’ manufacturing sector continued to decline in M...
The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey rebounded to -48.5 in May from the all-time low it set at -78.2 in April. This reading beat the market expe...
NZD/USD once again finds decent support near the 0.60 confluence support. The set-up warrants some caution before placing aggressive directional bets. The NZD/USD pair has managed to rebound over 50 pips from ...
WTI retreats toward $17, clings to strong daily gains. US Dollar Index looks to close near 99. Canadian economy is expected to contract by 2.6% in Q1. The USD/CAD pair dropped to its lowest level since mid-Mar...
USD/CAD staged a modest recovery from fresh monthly lows, around mid-1.3800s. A sudden pickup in the USD demand seemed to be the only factor behind the uptick. Bullish oil prices might continue to underpin the ...
AUD/USD witnessed an intraday turnaround from seven-week tops or 100-day SMA barrier. The USD regained some traction following the release of the US initial weekly jobless claims. A mildly softer risk tone furt...
US Dollar Index recovers toward 100 handle in American session. CB Consumer Confidence in US dropped to 86.9 in April. Wall Street’s main indexes pared early gains and fell into the negative territory. T...
USD/CAD erodes over 100-pips as risk recovery knocks-off USD. Oil-price rebound helps the CAD to recover ground. All eyes remain on US Consumer Confidence and API Crude Stocks data. USD/CAD is down over a b...
WTI extends declines, trades below $14 on Monday. US Dollar Index is posting modest daily losses below 100. Risk-on atmosphere helps CAD stay resilient against USD. The USD/CAD pair lost its traction at the st...
