Monday morning early indications FX moves: US strikes on Hormuz again over the weekend
Early forex rates are relatively calm despite renewed hostilities in the Gulf:As is usual for a Monday morning, marke ...
AUD/USD consolidates at a major trendline as traders await fresh catalysts
FUNDAMENTAL
OVERVIEWUSD:The US dollar has been supported following the hawkish Fed dot plot last
week as the ...
EUR/USD is retesting a key zone amid US dollar weakness on peak hawkish repricing
FUNDAMENTAL
OVERVIEWUSD:The US dollar has been supported following the hawkish Fed dot plot last
week as the ...
What’s stopping Japan from another round of intervention?
The firm points out a couple of key reasons as to why Japan might not be wanting to pull the trigger just yet despite ...
US dollar slides as inflation numbers cool Fed hike talk
The US dollar is facing some moderate pressure after today’s data slate.The main driver of it is the PCE report ...
USD/JPY struggles near the highest levels since 1986 amid intervention fears
FUNDAMENTAL OVERVIEWUSD:The US dollar has been supported following the hawkish Fed dot plot last
week as the cent ...
BOJ outlook shift hasn’t really translated to the yen – MUFG
There’s the saying that if something can’t go up on good news, there’s bound to be trouble up ahead ...
Rupee set to rally at open as oil slides below pre-Iran war levels, bucking Asia weakness
The Indian rupee is expected to open firmer in the 94.25-94.30 range as Brent crude slides below pre-Iran war levels, ...
Japan must take bold action or risk further significant weakness in the yen – JP Morgan
JP Morgan argues that at current levels, Japan’s ministry of finance has to take firm action in order to shoot ...
EUR/USD breaks through a key support zone as the greenback keeps running on hawkish Fed
FUNDAMENTAL
OVERVIEWUSD:The US dollar continues to be supported following the hawkish Fed dot plot
last week ...
Intervention risks weigh on momentum as USD/JPY approaches the highest level since 1986
FUNDAMENTAL OVERVIEWUSD:The US dollar continues to be supported following the hawkish Fed dot plot
last week as t ...
Yuan devaluation claims ring hollow as currency nears 28-month high, Reuters says
The yuan’s approach toward a 28-month high on a trade-weighted basis directly undermines the political traction ...