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The New Zealand dollar has been on a roll but is in danger of snapping a seven-day rally during which it gained over 2% against the US dollar. NZD/USD is trading in the European session at 0.6185,...
Eurozone sees marginal improvement in surveys US services cool in February EUR/USD breaks through descending channel The PMI surveys have certainly made it an eventful day in the markets, albeit one...
The Australian dollar continues to climb and has put together a five-day winning streak. The Aussie rose as much as 0.36% earlier but has pared most of these gains and is currently trading at 0.6552...
The British pound is higher on Tuesday. In the North American session, GBP/USD is trading at 1.2650, up 0.43%.Is Bailey Turning Dovish?With little else on the calendar today, Bank of England Governor...
Canadian inflation expected to have fallen again in January Will the FOMC minutes shed any light on rate cuts? USD/CAD higher but momentum remains weak It’s no surprise that it’s been a...
The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.2578, down 0.17%.UK Retail Sales Rebound With 3.4% GainUK retail sales were more than impressive, surging...
The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...
The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...
EIA reported inventories rose by 12 million barrels last week Volatility remains amid uncertainty Inverse head and shoulders forms Oil prices remain very volatile and last week’s unexpected and...
The Australian dollar is showing limited movement on Thursday. In the European session, AUD/USD is trading at 0.6496, up 0.07%.Australian Job Growth FlatlinesAustralia’s employment report was...
UK GDP -0.3% in Q4 and -0.1% in December BoE not concerned about recession GBP/USD momentum fading near February lows? The UK fell into recession in the second half of last year after GDP figures for...
Aussie Rebounds, Employment Data LoomsThe Australian dollar is in positive territory on Wednesday. In the North American session, AUD/USD is trading at 0.6488, up 0.54%. The Australian currency slid...
UK inflation unchanged in January Markets expect BoE rate cut in Q2 GBP/JPY pares gains after hitting 8.5 year high UK inflation data this morning will have been a welcome surprise for the Bank of...
US inflation report hits gold Fewer Fed rate cuts priced into markets A loss of major technical support US inflation data finally took its toll on gold which, after holding strong above $2,000 this...
The New Zealand dollar has declined after New Zealand inflation expectations decelerated in the fourth quarter. In the European session, NZD/USD is trading at 0.6114, down 0.25%. The New Zealand...
UK wage growth key to BoE sustainably hitting inflation target GBP/JPY struggling near recent highs Divergence points to loss of momentum The coming days offer several important data points for the UK...
The British pound is showing limited movement at the start of the week. In Monday’s North American session, GBP/USD is unchanged at 1.2629.Bank of England Governor Andrew Bailey will speak at a...