usd

A combination of supporting factors helped the EUR/USD pair to regain positive traction and rally to over one-week tops on the first trading day of the week. The shared currency attracted some buying interest following the release of Euro-zone Sentix Investor Confidence index, which rose to -0.3 in...

EUR/USD tumbled down on poor Euro-zone data. The Brexit extension hardly helps the pound, nor the euro. The technical picture is bearish for the pair. What a difference 36 hours make. EUR/USD traded near 1.1450 late on Wednesday after the dovish Fed decision. However, the US Dollar remains the...

India announced the bombing of an alleged terrorist in Balakot, Pakistan. The major escalation between the nuclear powers around Kashmir comes ahead of elections. The Indian rupee is falling against the USD and there is some room for an extension. India announced it bombed a training camp of...

While the broader sideways trend on EUR/USD is prevailing, the short-term breakout from the triangle structure indicates further US Dollar strength. The Federal Reserve’s vice chairman Clarida repeated the language of Fed being “very patient” on rates as it will assess the...

The GBP/USD is trading up at around 1.2670 ahead of US non-farm payroll report for December. The market expects 177K new jobs added in the US economy in December with wages rising 3.0% y/y and the unemployment rate at 3.7%. The UK parliament is set to resume Brexit deal debate on Monday, January 7...

Bitcoin Cash investors received an early Christmas gift with the fueled and incredible recovery. Bitcoin Cash could close 2018 trading below $200. Bitcoin Cash has proved to the investors that it has the ability to reverse a downtrend significantly. This comes after the digital asset corrected...

USD/JPY is trading in a narrow range as the last full week of the year commences. Tension towards the all-important Fed decision limits movements. The technical picture is decidedly mixed for the pair. USD/JPY is trading just below 113.50, not going anywhere fast. The light calendar on Monday no...

New Zealand is expected to report a slowdown in Q3 2018, following Australia. Low expectations provide scope for an upside surprise. The Fed decision, scheduled a bit earlier, will impact the magnitude of the reaction.  New Zealand releases its Gross Domestic Report for the third quarter of...

The AUD/USD is supported by the upward sloping trendline after last Friday’s selloff. The Australian labor market is expected to report the unemployment rate steady at 5.0% in November. The US Federal Reserve is expected to raise the target range for Fed funds to 2.25%-2.50%, but the monetary...