Category: Trading

Euro: Breaks below key averages against US Dollar – Soc...

Societe Generale analysts report EUR/USD has fallen to its lowest level since early April as wider UST/Bund spreads and higher ene...

Australian Dollar plummets to over one-week low, closer...

The AUD/USD pair attracts heavy selling for the second consecutive day on Friday and breaks through the 0.7200 mark, hitting an ov...

US Dollar: Summit-driven correction view – DBS

DBS Group Research’s Philip Wee notes that the first day of the Trump-Xi Summit in China favoured USD Bulls as President Trump str...

WTI Price Forecast: Breaks above $100 as Trump says Chi...

Crude Oil prices maintain their bullish trend on Friday, with the US Benchmark West Texas Intermediate (WTI) barrel pushing to fre...

Czech Koruna: Dovish CNB tone caps gains against Euro –...

ING’s Frantisek Taborsky flags that a new interview with the Czech National Bank governor underlines a dovish tilt despite talk of...

Gold Price Forecast: XAU/USD remains under bearish pres...

Gold (XAU/USD) falls for a fourth straight day, dropping near $4,550 as the US Dollar (USD) strengthens. The Greenback is supporte...

Japanese Yen: Interventions need rate backing – Commerz...

Commerzbank’s Michael Pfister argues that Japanese authorities cannot rely on FX interventions alone to support the Japanese Yen (...

British Pound: Politics weigh against Euro – Deutsche B...

Deutsche Bank’s Shreyas Gopal reiterates a long EUR/GBP stance after United Kingdom (UK) local elections, arguing that UK politica...

India Trade Deficit Government rose from previous $20.9...

India Trade Deficit Government rose from previous $20.9B to $28.38B in April

US Dollar: Restrictive Fed backdrop supports gains – BB...

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is strengthening as firm Oil prices lift bond yields and we...

Canada: Autos and energy support factory sales – TD Sec...

TD Securities economists expect Canadian Manufacturing Sales to rise 3.2% month-on-month in March, slightly below market consensus...

Breaking: Indian Rupee hits all-time low around 96.00 a...

The Indian Rupee (INR) slides to a fresh all-time low against the US Dollar (USD) on Friday.