WTI crude oil started the new week on a lower note. The crude oil price fell more than 3% amid a cautious market mood. A global recession fear and rebound in the greenback provided a tailwind for the price. Disappointing …
The shared currency marks the fourth straight session of gains on Thursday. A risk-on mood and softer U.S. dollar added a headwind to the EUR/USD pair. Investors continued to digest softer U.S producer prices as the market took it as …
The Great Britain pound gained handsome gains on Wednesday following a sell-off in the U.S. dollar. Despite a weaker economic outlook, the GBP/USD gained traction on softer U.S. consumer inflation data. In the recent data, the U.S. consumer price remained …
Gold is trading with modest gains on Tuesday moving in a very range-bound manner. A weaker dollar helps to recover from the lower levels. However, a pick-up in the U.S 10-year benchmark treasury yield capped the upside gains. Investors remain …
The Canadian dollar is trading near 1.2850, gaining nearly 80-pip in today’s session. A weaker dollar and risk-on mood infused capital flow into the riskier asset. A lukewarm economic data and a rise in commodity prices lifted Loonie. The 10-year …
The Japanese Yen once again lost against the USD to gain some follow-through traction as the demand for the safe-haven asset rises amid U.S-Sino tensions and global economic outlook. The Yen had suffered major losses in the first half of …
The Canadian dollar gained nearly 80-pip in the two consecutive session. Fresh demand in commodity prices and a subdued US performance sponsored the upside momentum in the USD/CAD pair. Lonnie remains the second best performing primary currency and is expected …
The Sterling attempts to recover amid a subdued US dollar and the anxiety ahead of key Bank of England (BOE) key policy decision. The market mood is quiet amid low volatility as the market wait for fresh trading impetus. Geopolitical …
The shared currency struggled to gain traction amid a risk-off mood. The US dollar is recovering on Tuesday as the U.S.-China tensions over Taiwan sour the market mood. Currently, the EUR/USD pair is trading at $1.0194, down 0.65% for the …
The risk-sensitive Aussie started the new session on a higher note. A weakness in the US dollar and risk-on mood set the gains in the major. The US dollar index (DXY) continues to trade lower following a less hawkish Fed …
