Dollar set for best week in a month as sterling nurses losses
The dollar held firm at start of holiday-thinned week on Monday after U.S. data pointed to solid economic growth while the British pound found some stability after having suffered its biggest...
Swedish, Norwegian crowns lifted by rate decisions; Aussie still strong
The dollar was down 0.1% on Thursday, little changed by U.S. President Donald Trump’s impeachment, while the Swedish and Norwegian crowns both rose slightly following central bank policy...
Yuan hit after Trump says trade deal could come after 2020 election
China’s offshore yuan fell to its weakest since October on Tuesday while the Japanese yen and Swiss franc rallied after U.S. President Donald Trump said a trade deal...
AUDUSD got a lift from RBA
AUDUSD rallied aggressively on Monday, on a combination of stronger-than expected Chinese manufacturing data and a generally weaker dollar after dismal manufacturing PMI ISM report out of...
EURUSD at fresh lows, further weakness ahead
Despite volatility in the EURUSD pair is at multi-month lows, the euro failed to hold at the 1.10 handle and dipped to early October lows around...
RBA to stay on hold, the wording will matter
Ahead of next week’s RBA policy meeting, AUDUSD continues to bleed, with the pair refreshing Mid-October lows below 0.68 these days. Weakness in the aussie is...
Bleak Economic Data Did Little to Support Euro
The euro continues to struggle for direction on Thursday, with tepid upside attempts attracting sellers for over a week already. As such, EURUSD stays close to the 1.10 handle...
Sterling touches near seven-month high against euro after YouGov poll
Sterling briefly touched near seven-month highs against the euro and rose against the U.S. dollar after a poll suggested Britain’s governing Conservative Party would win a comfortable majority...
AUDUSD on the Verge of Breakdown
AUDUSD bounced from a mid-October low of 0.6767
yesterday and struggled for direction on Wednesday, with the downside
bias still prevails in the daily charts. The pair extends the...
EURUSD Could Extend the Bearish Trend
EURUSD has been trading inside the narrowing range, with downside bias persisting, both in the short-term and the weekly charts. The pair struggled to get back above...