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USD/CAD gained traction in the American trading hours on Friday. Canadian economy contracted by 0.3% in May as expected. US annual Core PCE inflation edged higher to 3.5% in June. … Read More
Dollar gains momentum late on Friday and trims weekly losses. Cable heads for biggest weekly gain since May. Next week’s key events: NFP and Bank of England meeting. The GBP/USD … Read More
US dollar rises across the board into the London fix. Greenback trims weekly losses late on Friday. AUD/USD back to negative for the week, drops toward 0.7350. The AUD/USD broke … Read More
EUR/USD fades the earlier move to levels past 1.1900. EMU flash Q2 GDP rose 2.0% QoQ, 13.7% YoY. US Core PCE came in short of estimates in June. EUR/USD came … Read More
NZD/USD is edging slightly lower in the early American session. Core PCE inflation edged higher in June but came in lower than market expectation. US Dollar Index clings to modest … Read More
USD/JPY edges slightly higher following Thursday’s sharp decline. US Dollar Index consolidates weekly losses, stays below 92.00. Investors await inflation and consumer sentiment data from US. Following Thursday’s decline, the … Read More
EUR/USD records new tops beyond 1.1900 on Friday. Further upside is seen re-testing peaks around 1.1975. EUR/USD finally surpasses the 1.1900 hurdle and clinches new highs at the end of … Read More
DXY gives away further ground below the 92.00 yardstick. Further selling could drag the index to the mid-91.00s. DXY remains under pressure, although sellers remain unable to drag the index … Read More
AUD/USD struggles to stay above 0.7400 on Friday. US Dollar Index moves sideways below 92.00 during the European session. Focus shifts to US PCE inflation data for June. After posting … Read More
EUR/USD extends the recovery just past the 1.19 level. EMU flash CPI rose 2.2%, Core CPI gained 0.7%. EMU advanced Q2 GDP expanded 2.0% QoQ, 13.7% YoY. The single currency … Read More
