AUD/USD struggled for a firm direction on Thursday and was seen oscillating in a range. The risk-off mood benefitted the safe-haven USD and kept a lid on the intraday bounce. Mixed US economic data failed to im...
USD/JPY continued gaining traction for the second consecutive session on Thursday. The positive move was fueled by some strong follow-through USD buying interest. The USD bulls maintained their dominant positio...
A strong pickup in the USD demand extended some support to the USD/JPY on Thursday. A sharp pullback in the equity markets benefitted the safe-haven JPY and capped gains. The US PPI print and initial jobless cl...
A broad-based USD weakness prompted some fresh selling around USD/CAD pair. Friday’s US/Canadian macro releases did little to provide any meaningful impetus. The key focus remains on Trump’s reaction to China’s...
A sudden pickup in the USD demand prompted some fresh selling around GBP/USD on Friday. Escalating US-China tensions dented the already weaker sentiment and underpinned the USD. Worse-than-expected US monthly R...
European Central Bank (ECB) policymaker, Fabio Panetta, recently crossed wires during the pre-Europe session on Thursday. The executive board member joins the league of ECB policymakers defying the German court...
USD/JPY remains pressured amid broad risk-off, benefits from recent USD weakness. Doubts over the Fed rate, trade/virus woes keep the pair heavy. Japan’s Machine Tool Orders, US Jobless Claims to decorate calen...
AUD/USD benefits from better than forecast Australian Trade Balance. Risk-tone remains heavy amid US-China tussle, pre-event/data caution limit market moves. China trade figures, US Jobless Claims and qualitati...