“Daily momentum is mild bearish while RSI fell. Consolidation likely. Support at 1392, 1385 (23.6% fibo retracement of Sep ...
There has been a slight increase in upward momentum; the Australian Dollar (AUD) could drift higher but is unlikely to break the resistance at 0.6525. In the longer run, AUD is expected to consolidate ...
The US Dollar (USD) continued to drift lower as US data overnight was largely within expectations. DXY was last at 106.35, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
Reserve Bank of Australia (RBA) Governor Michele Bulock said on Thursday, “if inflation falls more quickly than forecast, the ...
In terms of the upside, the Silver price finds a primary barrier around the nine-day Exponential Moving Average at $30.54, ...
EUR/USD extends losses below 1.0550 in the European session on Thursday. The pair's downside could be attributed to French ...
Her pushback against a 50bp rate cut in December has helped market pricing for that meeting move in from 38bp last week to 28bp today. That has helped the 'Atlantic' rate spread narrow some 8bp and ...
Strong momentum suggests further Pound Sterling (GBP) strength; overbought conditions could limit any advance to a test of ...
The Dollar Index (DXY) yesterday suffered its largest one-day correction since early August. One factor in play was some less dovish comments from the ECB's Isabel Schnabel and the other was probably ...
The Euro (EUR) could rise further to 1.0600 before a pause can be expected; 1.0650 is highly unlikely to come into view today. In the longer run, downward has faded, and upward momentum is building.
3Q24 GDP growth in Croatia landed at 3.9% y/y while 2Q24 GDP was revised up to 3.5% y/y. Producer prices in Slovakia declined ...
USD/CAD draws support from a combination of factors, though bulls seem non-committed. Rebounding US bond yields revive USD ...