Moody’s Downgrade on China Weighs on Commodity Currencies, AUD Leads Decline
Commodity currencies, particularly Australian Dollar, are experiencing notable selling pressure today. However, it should be […]
Aussie Dips Following RBA, With Loonie and Kiwi Also Impacted by Risk Aversion
Today’s Asian session saw broad decline in Australian Dollar, along with New Zealand and Canadian […]
Dollar and Euro Neck-and-Neck for Weakest Performer, Awaiting ISM Manufacturing Insights
The competition between Dollar and Euro for the title of the week’s weakest performer remains […]
Dollar Finds Its Footing, Euro Faces Headwinds, Aussie at a Critical Point
Dollar is stabilizing after earlier selloff but remains the weakest performer for the week. Its […]
Dollar Dips, Euro Struggles in Lackluster Market
As US session commences, Dollar is showing a more notable downturn following a rather uneventful […]
Yen Cautious Rebounds While Gold Rallies Above 2k
Yen is having a moderate rebound today, spurred by slightly stronger-than-expected corporate services price inflation […]
Sterling Falters Post-UK Inflation Report, Dollar Sees Momentary Respite
Sterling emerged as the standout underperformer today, reacting notably to the latest CPI data from […]
Market Jubilation as US CPI Signals Continuing Disinflation, Dollar Plunges
Investor sentiment is riding high in the wake of the latest US CPI report, with […]
US CPI to Dictate Dollar’s Path, GBP/JPY Poised Ahead of UK Employment Figure
The financial markets are intently focused on the upcoming US CPI report, a key indicator […]
Sterling and Aussie Bounce Back from Recent Lows, Euro Sees Downside Risk
There’s a noticeable lack of a unifying theme in the forex markets today, largely attributed […]