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USD/CAD scales higher for the second straight day and climbs to over a one-week high. The USD stands firm near the monthly peak and continues to act as a tailwind … Read More
The GBP/JPY finished the week with decent losses of 0.68%. July’s worldwide reported S&P Global PMIs resurfaced recession concerns in the financial markets, shifting sentiment sour. GBP/JPY Price Analysis: In … Read More
Oleksiy Danilov, secretary of Ukraine’s national security and defence council, said on Monday that they do not conduct any military operations against the civilian population, as reported by Reuters. Danilov further … Read More
According to the Interfax news agency, Russia’s military has increased inspections of its units in the rebel-held parts of Ukraine, as reported by Reuters. Earlier in the session, Russian Foreign Minister … Read More
The S&P 500, the Dow Jones, and the Nasdaq Composite fell between 1.43% and 3.07%. Ukraine/Russia conflict escalation points towards a Russia’n invasion as reported by US press, confirmed by … Read More
AUD/USD witnessed heavy selling on Friday and moved further away from a three-week high. Rising bets for a 50 bps Fed rate hike continued underpinning the USD and exerted pressure. … Read More
NZD/USD staged a goodish rebound from 50-day SMA support near the 0.7000 round figure. The risk-on impulse weighed on the safe-haven USD and benefitted the perceived riskier kiwi. Hawkish Fed … Read More
AUD/USD gained positive traction on Tuesday and moved further away from multi-week lows. The risk-on impulse weighed on the safe-haven USD and benefitted the perceived riskier aussie. Hawkish Fed expectations, … Read More
GBP/USD gained some positive traction on Tuesday and recovered a part of the overnight losses. The risk-on impulse in the markets weighed on the safe-haven USD and provided a modest … Read More
USD/JPY gained some positive traction on Tuesday and recovered a part of the overnight losses. The risk-on impulse in the markets undermined the safe-haven JPY and provided a modest lift. … Read More
