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USD/JPY struggles for a firm direction, stuck in a range around 133.00 mark Growing worries about a deeper global economic downturn drive some haven flows towards the Japanese Yen (JPY), which, along with the prevalent US Dollar (USD) selling bias, act as a headwind for the USD/JPY pair. It is worth recalling that the International Monetary Fund (IMF) trimmed its...

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US Dollar Index extends recovery after NFP but still down for the week The US Dollar Index (DXY) rose to 102.29 after the release of the US March jobs report and then pulled back toward 102.00, amid risk appetite. The numbers boosted US yields and equity futures on a tight volume session.

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EUR/USD stays in daily range near 1.0900 after US data EUR/USD is having a difficult time finding direction and moving in a tight channel at around 1.0900 on Thursday. Although the weekly Initial Jobless Claims in the US came in above the market expectation, the US Dollar manages to hold its ground amid risk aversion.

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EUR/USD holds lower ground near 1.0950 ahead of key US data EUR/USD is trading modestly flat at around 1.0950 in early Europe, having failed to sustain at higher levels. The pair is weighed down by the pullback in the US Dollar alongside the US Treasury bond yields, investors await the US ADP and ISM Services PMI data for a fresh move.

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EUR/USD hits fresh highs above 1.0900 after US ISM Manufacturing PMI The EUR/USD rose further following the release of US Economic data and printed a fresh daily high at 1.0916. It then pulled back to 1.0885. The US Dollar is under pressure amid lower yields and risk appetite. The US Dollar Index is falling 0.50% and is about to test last week's lows near...

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EUR/USD Weekly Forecast: A test of 1.1000 remains on the cards in key central bank week Hawkish comments from ECB officials allowed EUR/USD to gain traction and touch its highest level in nine months near 1.0930. ECB policymakers Klaas Knot and Peter Kazimir both said that they were in favour of two more 50 basis points (bps) rate hikes in February and March. On...

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Dollar remains unloved; sterling drops on weak retail sales Investing.com - The U.S. dollar edged lower in early European trade Friday, remaining around seven-month lows amid concerns of a U.S. economic slowdown, while sterling retreated after weak retail sales data. At 03:15 ET (08:15 GMT), the Dollar Index, which tracks the greenback against a basket of six...

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Stocks rise, dollar stumbles after U.S. inflation data NEW YORK (Reuters) - A gauge of global stocks climbed on Thursday while longer-dated U.S. Treasury yields and the dollar fell after a reading of consumer prices fed expectations the Federal Reserve may have leeway to scale back the size of future interest rate hikes. U.S consumer prices fell in December for...

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U.S. dollar weakens as risk appetite rises with data showing slowdown The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing expectations of smaller interest rate increases from the Federal Reserve and improving investors' risk appetite.

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EUR/USD declines toward 1.0600 amid risk aversion EUR/USD has lost its traction and declined toward 1.0600 on Friday after having recovered toward 1.0650 with the initial reaction to dismal US PMI data. The negative shift witnessed in risk mood helps the US Dollar gather strength and weighs on the pair.

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USD/JPY Weekly Forecast – US Dollar Gives Up Early Gains for the Week The US dollar initially spiked to the ¥137.50 level, but then gave back a significant amount of gain to show signs of hesitation and volatility.

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Euro eyes fresh multi-month highs EUR/USD has continued to push higher toward 1.0600 early Friday after having registered its highest daily close since late June at 1.0555 on Thursday. The near-term technical outlook shows that the bullish bias stays intact despite the modest pullback witnessed in the early European morning.

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U.S. Dollar Declines and Dow Jones Rises on Slower Rate Hike Signals Yesterday’s volatility level was lower due to the Thanksgiving bank holiday and may also be reduced today for some assets. The main news in the market continues to be China’s “Zero COVID-19” policy. So far, the government has not placed any cities in lockdowns as we have seen in the past. This...

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EURUSD slides below 1.0350 as US Dollar finds demand EURUSD trades below 1.0350 in the American session. Wall Street's main indexes opened with a soft tone while their overseas counterparts trimmed a good bunch of their early gains. In the absence of high-tier data releases, Fedspeak will be eyed for fresh impetus.

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EURUSD rises above 1.0300 as US Dollar selloff continues EUR/USD has preserved its bullish momentum and climbed to its highest level in three months above 1.1300. The safe-haven US Dollar resumes its post-CPI downside as risk flows continue to dominate the financial markets ahead of the weekend.

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The Euro pulls back from new six-week high, as traders collected profits from a steep six-day rally, after the action was repeatedly capped by falling 100DMA and daily cloud top, while overbought daily studies contributed to the decision. Dip below parity (to 0.9972) was so far short-lived, signaling that bullish sentiment remains strong, however daily stretched...

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EUR/USD rebounds toward 0.9800 after NFP-inspired drop EUR/USD has gathered recovery momentum and advanced toward 0.9800 after having declined sharply in the early American session with the initial reaction to the US jobs report. In September, Nonfarm Payrolls rose by 263,000, surpassing the market expectation of 250,000.

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he EUR/USD pair is displaying back-and-forth moves around 0.9800 in the early Tokyo session. The asset has turned sideways in a 0.9780-0.9815 range as the currency domain is developing itself ahead of the US employment data.