Share: NZD/USD could weaken further as long as it trades below the 0.5970 level, suggest Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB …
NZD/USD risks further losses while below 0.5970 – UOB Read More Share: NZD/USD is set to remain fragile amidst mixed market sentiment in the US. Federal Reserve officials, led by Minnesota’s Fed President Neil Kashkari, maintain a hawkish stance, …
NZD/USD faces headwinds amid souring market sentiment, hawkish Fed stance Read More
Share: AUD/USD is up 0.51%, benefiting from the overall weakness of US Dollar. Despite hawkish remarks from various Fed officials, the US Dollar remains subdued, with the DXY …
AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields Read More
Share: Next week, markets will continue to digest the outcomes of recent central bank meetings. Additionally, market participants will closely monitor the release of economic data, with a …
Forex Today: Dollar holds firm, focus turns to inflation data Read More
Share: The NZD/USD reversed its course and fell towards 0.5930, after reaching a high of 0.5985. The US Dollar strengthened on the back of rising US yields after …
NZD/USD falls to negative territory after Fed decisions keeps the 20-day SMA Read More
Share: USD/SEK soared to 11.249, its highest since early November 2022. Riskbank is expected to hike 25 bps to 4%. The Fed will likely deliver a hawkish pause. …
USD/SEK reversed its multi-month-high rally ahead of eventful week Read More
Share: USD/NOK saw green on Friday, rising 0.50% above 10.788. Investors expect the NB to deliver a 25 basis point hike to 4.25% next week. The Fed decision will likely …
USD/NOK advances near 10.800 while investors gear for one more NB hike Read More
Share: As US economic data strengthens the dollar, GBP/USD trades at 1.2397, slipping below its 200-day Moving Average. Odds for a November rate hike by the Fed stand …
GBP/USD drops below 1.2400, defying speculations of imminent BoE rate hike next week Read More
Share: Kiwi holding near the middle, set to finish Friday near where it started. Market flows are firmly in the hands of the US Dollar. Risk sentiment getting …
Kiwi stuck near 0.5900 as bullish momentum proves fickle Read More
Share: USD/MXN trades at 17.0741, down 0.19%, as the pair slides below the 20-day Moving Average, targeting the psychological 17.0000 level. Mixed US data, including a drop in …
USD/MXN drops sharply as the Mexican Peso eyes 17.0000 Read More