AUD/USD and NZD/USD Struggle to Sustain Gains—What’s Next?

In anticipation of the release of one of the most important reports, the NonFarm Payrolls, the US currency has suffered losses across almost all fronts. Earlier this week, the EUR/USD currency pair tested and settled above 1.0800, GBP/USD traded above 1.2700, and USD/CAD fell back to 1.3610. Today, we might see either continued corrective pullbacks […]

Markets European markets unlike their US counterpart had a pessimistic view on the Fed’s policy decision. While the latter took comfort from chair Powell’s reassuring message during the presser, the former seem to eye the stagflationary risks in the updated forecasts. Stocks, core bond yields and the euro dropped. Sentiment then took a turn for […]

The U.S. currency started the week by hitting three-year lows against a basket of key currencies, but soon closed the gap on DXY, rising from 97.7 to 99.7. However, the upward trend has not yet developed. Unresolved trade disputes between the US and China continue to undermine the US currency’s position, creating impulses for a […]