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Forex News

USD/CAD rebounds modestly toward 1.4070 as oil selloff continues

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...

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Forex News

Euro consolidates selloff, battles with 1.0800 figure

EUR/USD is consolidating below the 1.0850/80 resistance zone.  The level to beat for bears is the 1.0780 support for a test of the 2020 lows.     EUR/USD daily chart    After a steep selloff in early March, EU...

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Forex News

Euro consolidates March’s selloff, trades below 1.0800 figure

EUR/USD’s reaction up to Fed’s QE ‘unlimited’ is being limited. Resistance is seen near the 1.0850 price level.   EUR/USD daily chart    After an above-average decline, EUR/USD is stabilizing near 37-month low...

NZD/USD trades above 0.5830, adds more than 2% on USD selloff, upbeat sentiment
Forex News

NZD/USD trades above 0.5830, adds more than 2% on USD selloff, upbeat sentiment

Global equity indexes rise sharply on Monday as risk appetite returns. USD continues to weaken against major rivals following Fed’s policy actions. Coming up: Markit and ISM PMI figures from US.  The NZD...

USD/CAD ????????????????? ?? ?????????????? ?????????
Forex News

USD/CAD pulls away from daily highs, stays above 1.3400 on crude oil selloff

WTI erases more than 8% on Friday, sumps to fresh multi-year lows. OPEC+ fails to agree on additional output cuts or an extension. Broad-based USD weakness despite upbeat NFP data caps pair’s gains. The ...

EUR/USD ?????????? ?? ?????????? ??-?? PMI
Forex News

EUR/USD looks to regain 1.1200 as US Treasury yields sell-off intensifies

Fed rate cut triggers risk-off, 10-year Treasury yields hit record lows. USD remains weaker amid rising coronavirus deaths in the US.   Focus on likely ECB rate cut and virus updates for fresh moves. Having f...

GBP/USD ????????? 1.3000
Forex News

GBP/USD climbs above 1.2970 as USD selloff intensifies after PMI data

Economic activity in US private sector contracts in February. US Dollar Index erases majority of weekly gains. Upbeat Manufacturing PMI from UK helps GBP gather strength. The GBP/USD pair extended its daily re...

EUR/GBP ???????? ??????????????
Forex News

EUR/GBP sell-off fizzling out, eyes on UK budget timings

EUR/GBP stops triggered below key pivot as markets bet on intense UK  fiscal measures Both ECB and BoE seen on hold, for now, supporting EUR/GBP downside case.  EUR/GBP broke the 0.8380 pivot today and has spr...

AUD/USD ????????? ? ?????????? ?????????? ????? 0.6882
Forex News

AUD/USD Price News and Forecast: Aussie recovering after sell-off

The AUD/USD currency pair is attempting to recover after dropping near two-month lows.  A sideways consolidation can be on the cards.     AUD/USD daily chart   Since early January, the spot has been falling sh...

AUD/USD trends back below 200-hour moving average after strong sell-off
Forex News

AUD/USD trends back below 200-hour moving average after strong sell-off

AUD/USD’s upside correction meets heavy supply as US dollar firms on solid Retail Sales data. US/Sino trade deal will bring some near-term stability to China’s trade outlook, potentially support AUD as a ...