Category: Trading
Euro: Slightly reduced upside as policy paths diverge –...
ABN AMRO’s Bill Diviney expects the US Dollar to weaken broadly but notes slightly less upside for EUR/USD after revising the bank...
Gold price climbs as weak NFP cool Fed hike bets
Gold (XAU/USD) price rises by more than 1% on Friday as investors digest a softer-than-expected US jobs report, trimming hawkish b...
Silver Price Forecast: XAG reclaims $60 as RSI recovery...
Silver (XAG/USD) prices reclaim the $60.00 mark for the second straight day on Friday, extending their weekly gains to over 5.50% ...
Japanese Yen holds steady amid US Independence Day holi...
The USD/JPY pair posts modest gains on Friday amid thin trading due to the US Independence Day holiday. The US Dollar (USD) stabil...
Chinese Yuan: Bulls extend gains on PMI resilience – So...
Societe Generale notes that stronger-than-expected China PMI data suggest slow but steady growth, reducing urgency for the PBoC to...
Singapore Dollar: Seen consolidating in range against U...
Commerzbank highlights that strong Singapore manufacturing and electronics PMIs underpin a constructive growth outlook, with Q2 GD...
NZD/USD Price Forecast: Rebounds above 0.5700, bears gu...
The Kiwi Dollar clears the 0.5700 figure on Friday, clings to gains of over 0.22% against the Greenback after hitting a daily low ...
Forecasting the upcoming week: US Dollar's resilience f...
The upcoming week will bring a fresh test for major currency pairs as investors return from the US Independence Day holiday and co...
Chinese Yuan: Range trade bias stays neutral against US...
UOB’s Quek Ser Leang notes that USD/CNH has seen a slight pickup in downward momentum, but still expects the pair to remain range-...
United Kingdom S&P Global Services PMI above forecasts ...
United Kingdom S&P Global Services PMI above forecasts (48.7) in June: Actual (48.8)
USD/JPY Price Forecast: Seems vulnerable near two-week ...
The USD/JPY pair turns lower for the second straight day following an intraday uptick to mid-161.00s and drops to a more than two-...
Australian Dollar: Consolidation within broader band ag...
UOB’s Quek Ser Leang notes that AUD/USD’s abrupt jump to 0.6943 was not sustained, leaving the pair likely to consolidate between ...
