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US Dollar Index (DXY) slides below 104.00; seems vulnerable to weaken further
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on a three-day-old recovery from a multi-month low and attracts fresh sellers at the start of a new week. The index remains depressed through the first half of the European session and is cu
5 hours ago

Gold price remains depressed amid positive risk tone; $3,000 holds the key
Gold price (XAU/USD) struggles to capitalize on Friday's modest bounce from levels just below the $3,000 psychological mark and kicks off the new week on a weaker note.
8 hours ago

EUR/JPY advances to near 162.00 after release of downbeat Japan’s PMI data
EUR/JPY continues its upward momentum for a second consecutive session, trading near 162.00 during Asian hours on Monday. The Japanese Yen remains under pressure as weaker-than-expected Purchasing Managers’ Index (PMI) data offsets a hawkish Bank of Japan’s (BoJ) outlook. Investors are now looking..
9 hours ago

Japanese Yen adds to intraday losses after Japan’s weaker PMI report
The Japanese Yen (JPY) continues to lose ground against its American counterpart for the third consecutive day on Monday and weakens further in reaction to the weaker flash March Purchasing Managers' Index (PMI). Apart from this...
11 hours ago

BoJ’s Ueda: Will adjust the degree of monetary easing if the 2% inflation target is likely to be achieved.
Speaking in the Japanese parliament on Monday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the central bank “will adjust the degree of monetary easing if the 2% inflation target is likely to be achieved.” Additional quotes Cannot sell long-term JGB holdings immediately; have been gradually...
12 hours ago

AUD/USD gains momentum above 0.6250 on RBA’s cautious tone, China support
The AUD/USD pair gains momentum to near 0.6280 during the early Asian session on Monday. The Australian Dollar (AUD) edges higher as the Reserve Bank of Australia (RBA) keeps interest rates high and the Australian economy benefits from expected Chinese stimulus.
14 hours ago

CAD consolidates after USD’s failure to holds 1.44 test – Scotiabank
The Canadian Dollar (CAD) is little changed on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.USD can return back to the low/mid-1.42s
Fri, Mar 21

Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session.
Fri, Mar 21

AUD/USD hangs near weekly low, remains depressed below 0.6300 on stronger USD
The AUD/USD pair struggles to capitalize on the overnight bounce from the 0.6270 area or a one-week low and meets with a fresh supply on Friday.
Fri, Mar 21

Pound Sterling corrects further against US Dollar as Fed maintains restrictive policy stance
The Pound Sterling (GBP) extends correction to near 1.2920 against the US Dollar (USD) in European trading hours on Friday. The GBP/USD pair weakens as the US Dollar extends recovery amid growing expectations that the Federal Reserve (Fed) will not cut interest rates soon. The US Dollar Index (DXY),
Fri, Mar 21

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