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Forex Today: Fed speakers and key data come to the fore

The Greenback gave away part of its recent advance despite the rebound in US yields in response to an improvement in the broad risk appetite trends and somewhat easing political jitters in Europe.
New
update2024.06.18 03:34

Australian Dollar expects losses ahead as RBA decision looms

The Australian Dollar (AUD) experienced additional losses against the US Dollar (USD) on Monday as markets gear up for Tuesday's Reserve Bank of Australia (RBA) decision.
New
update2024.06.18 03:27

Dow Jones Industrial Average gains ground on Monday as sentiment recovers

The Dow Jones Industrial Average (DJIA) found thin gains on Monday, climbing four-tenths of a percent as investors recover balance and resume the long wait for rate cuts from the Federal Reserve (Fed).
New
update2024.06.18 03:25

Mexican Peso slips due to political uncertainty, sour sentiment

The Mexican Peso traded with minuscule losses against the US Dollar on Monday and is down 0.29% as risk appetite deteriorates based on weak China data and political uncertainty in Europe.
New
update2024.06.18 02:29

Canadian Dollar in a holding pattern as markets await meaningful data

The Canadian Dollar (CAD) is trading tightly on Monday, with gains and losses mixed across the board and within a quarter of a percent against most of its major currency peers.
New
update2024.06.18 01:49

US Dollar rally tempered to start week, gains expected to continue

On Monday, the US Dollar Index (DXY) experienced some pullback but maintained overall strength.
New
update2024.06.18 01:49

USD stands strong amid increasing net long positions - Rabobank

The US Dollar (USD) and the Pound Sterling (GBP) gain momentum while the Euro (EUR) and the Japanese Yen (JPY) lose track, strategists at Rabobank note.
New
update2024.06.18 00:51

Japanese Yen weakens against USD amid tepid real wages, imported inflation

The Japanese Yen (JPY) trades lower by about a third of a percent against the US Dollar (USD), in the 157.80s on Monday, as the outlook for interest rates in the US remains elevated despite lower inflation and economic sentiment readings.
New
update2024.06.18 00:51

EUR keeps afloat amid ECB comments - Scotiabank

European Central Bank (ECB) policymakers indicated that the French situation is "contained", allowing the Euro (EUR) to float above 1.07, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2024.06.18 00:49

USD wins when carry meets politics - TDS

Global carry trade withers away leaving markets cling to the US Dollar as the best hedge to rising risks, TDS strategists note.
New
update2024.06.18 00:25

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