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USD/INR strengthens ahead of Fed Chair Powell’s second testimony
The Forex Market· 18 hours agoThe Indian Rupee (INR) trades on a weaker note on Wednesday amid the modest rebound of the US Dollar...
Gold price edges higher ahead of Fed Chair Powell’s second testimony
The Forex Market· 19 hours agoThe Gold price (XAU/USD) trades with mild gains on Wednesday during the early Asian session.
EUR/USD grinds chart paper above 1.0800 after Fed fails to spark rate rally
The Forex Market· 21 hours agoEUR/USD continues to chill after testing above 1.0840 this week. Fedspeak from Fed Chair Powell...
Forex Today: Focus remains on Powell and Fedspeak
The Forex Market· 1 day agoThe Greenback maintained its constructive start to the week and lifted the USD Index (DXY) further north of 105.00 as investors digested Powell’s prudent...
EUR/USD holds gains tightly above 1.0800 with focus on Fed Powell’s testimony
The Forex Market· 1 day agoFed’s Powell may refrain from providing a specific timeframe for rate cuts. ECB’s Knot doesn’t see...
The US Dollar is treading water ahead of Powell – BBH
The Forex Market· 1 day agoThe Dollar Index (DXY) is trading flat near 105.035 as markets await Fed Chair Powell’s Senate...
The hard case for EUR traders to go long
The Forex Market· 1 day agoOn a fundamental level, we note that the outcome of the EU Parliament elections has changed the political scenery of the European Union. It’s...
EUR: Market patience to be tested – ING
The Forex Market· 1 day agoThe Euro (EUR) appears to be waiting for cues from French coalition talks, with scenarios ranging from a left-wing government to a market-friendly...
ISM: Contraction for US economy, lower NFP, US and Canada unemployment rates increase, stable...
The Forex Market· 1 day agoThe ISM’s manufacturing PMI slipped to 48.5 last month from 48.7 in May showing that it contracted...
CFTC: MXN on a roll, USD and EUR go short – Rabobank
The Forex Market· 1 day agoUS Dollar (USD) net long positions have decreased for the second week in a row.
