China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI) climbed to 62.1 in February from 50.3 in January,…
Category: Forex
Bears loom after testing 200-DMA downwards
The New Zealand Dollar extends its losses for the second straight day amid a firm US…
DXY rallies toward 100.00 as Iran conflict drives safe-haven flows
The US Dollar Index (DXY) jumped about 0.55% on Tuesday, rallying to around 99.09 and extending…
Energy shock keeps policy steady – Nomura
Nomura’s Andrzej Szczepaniak, Josie Anderson, George Buckley and David Seif argue that the European Central Bank…
Disruption risks and tight prompt market – ING
ING’s Warren Patterson and Ewa Manthey note Brent rallied sharply after Middle East tensions, with the…
XAU/USD faces pressure near upper Rising Channel boundary around $5,400
Gold price (XAU/USD) trades 2.5% lower to near $5,180 during the European trading session on Tuesday.…
March BoE cut now finely balanced – Nomura
Nomura’s European rates team notes that higher Oil prices and stronger UK data have turned the…
Sticks to 20-day EMA despite war in Middle East
The USD/CAD pair trades in a tight range around 1.3670 during the late Asian trading session…
Canadian Dollar steadies as Oil prices strengthen on Strait of Hormuz closure
USD/CAD holds ground after registering modest gains in the previous session, trading around 1.3670 during the…
Japanese Yen weakens below 157.50 on upbeat US data, BoJ’s Ueda speech in focus
The USD/JPY pair jumps to a near three-week high of 157.35 during the early Asian session…