News

Australian Dollar (AUD) is unlikely to weaken much further; it is likely to trade in a lower range of 0.6420/0.6455. In the ...
EUR/GBP moves little after the release of Purchasing Managers’ Index data from both economies. The S&P Global UK ...
AUD/USD declines for fourth straight trading day ahead of preliminary US S&P Global PMI data for August. The Australian PMI ...
As expected, the Riksbank left its policy rate unchanged at 2% on Wednesday. At the same time, it signaled the possibility of a further interest rate cut this year, which would be 'in line with the ...
The US Dollar rallies to 147.60 highs with the Yen on the defensive ahead of Japan's CPI data. Investors' fears of a hawkish Powell at the Jackson Hole meeting keep the US Dollar buoyed. Japanese ...
The GBP/JPY cross regains positive traction on Thursday and moves away from a nearly two-week low, around the 197.85 area touched the previous day. The momentum picks up pace during the first half of ...
The Relative Strength Index (RSI) reads 42 on the daily chart, inching closer to the halfway line as buying pressure recovers. Additionally, the RSI has significantly recovered compared to the ...
"Bearish momentum on daily chart intact but RSI shows signs of entering oversold conditions. Support at 0.58 (50% fibo retracement of Apr low to Jul high), 0.5730 (61.8% fibo). Resistance at 0.5830 ...
The dollar is little changed after last night's release of the FOMC minutes for July. That FOMC meeting was held before the release of the July jobs data – meaning that all the references to a 'solid' ...
The Swiss Franc is on its back foot on Thursday, weighed down by uninspiring trade figures. The Swiss trade surplus narrowed to 4.59 billion in July from 5.79 billion in the previous month, led by a 2 ...
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any ...