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...
China’s Finance Ministry issued a second list of tariff waivers for some of the US goods on Tuesday, per Reuters. The Ministry said the waiver exemption will last for one year starting May 19. There are 79 prod...
Amid rising expectations of China’s retaliation to Australian push for the coronavirus (COVID-19) outbreak, China’s Global Times (GT) came out with the news during late-Sunday, based on Chinese experts, suggest...
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...
