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Forex News

USD/CAD extends slide below 1.4050 ahead of FOMC Chairman Powell’s speech

USD/CAD loses its bullish momentum before testing 1.4100. WTI clings to gains near $26 ahead of API, helping CAD gather strength. US Dollar Index stays quiet below 100 as focus shifts to Powell’s speech. ...

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Forex News

USD/JPY holds above 106.40 despite DXY slide

Dollar weakens during American session but holds on to gains versus JPY.   USD/JPY off lows but still down for the week, negative outlook. The USD/JPY is approaching daily highs again, after finding support ar...

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Forex News

EUR/USD extends slide to fresh two-week lows near 1.0800

US Dollar Index rises for third straight day on Wednesday. Uncertainty surrounding EU’s coronavirus recovery plan weighs on euro. Consumer Confidence Index in euro area fell more than expected in April. ...

NZD/USD ????? ?????????????? 0.66 - UOB
Forex News

NZD/USD extends slide to fresh five-day lows near 0.5950

RBNZ Governor Orr’s dovish comments weigh on the NZD. USD continues to capitalize on risk-off flows on Tuesday. Coming up: Existing Homes Sales data from US and NZ GDT Auction. The NZD/USD pair broke bel...

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Forex News

USD/JPY extends slide toward 107.50 as Wall Street adds to losses

Japanese yen among top performers on Monday on the back of risk aversion.  US dollar posts mix results, DXY rebounds, erasing losses.  The USD/JPY has been falling constantly over the last four hours and recen...

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Forex News

Risk of a slide to 1.05 on a three-month view  – Rabobank

According to analysts at Rabobank, the US dollar could continue to benefit on the coronavirus panic while the euro might suffer is Eurozone leaders failed to agree on a plan. They forecast EUR/USD at 1.05 in th...

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Forex News

USD/CAD climbs to daily highs above 1.4150 as WTI extends slide below $20

Crude oil selloff continues, WTI looks to end March 57% lower. US Dollar Index recovers above 99 on Monday. Dallas Fed Manufacturing Index plunged to -70 in March. The USD/CAD pair extended its daily rally dur...

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Forex News

USD/CAD extends slide below 1.4200 as CAD soars

Risk sentiment boosts Loonie; crude oil up more than 3% and Dow Jones 5.5%.  USD/CAD drops almost 300 pips on Wednesday, on the best day for CAD in years.  The USD/CAD broke below 1.4300 during the American se...

USD/JPY sits near session tops, just below mid-108.00s
Forex News

USD/JPY prints six-month low as US yields slide on coronavirus pandemic fears

Yen is drawing bids as US yields are losing ground.  Investors are selling risk as coronavirus is beginning to look like a pandemic.  USD/JPY is feeling the pull of gravity with coronavirus-led risk-off in ful...

NZD/USD seesaws near 14-day low on the NFP day
Forex News

NZD/USD spikes to session top, reverses overnight slide to 4-month lows

NZD/USD witnessed some short-covering move on Thursday amid persistent USD selling. The ongoing slump in the US bond yields to all-time lows continued weighing on the USD. Technical buying above 0.6300 mark acc...