By FXStreet The US Dollar Index, which gauges the greenback vs. a basket of its main rivals, is snapping a 2-day positive streak in response to poor prints
By FXStreet The preliminary US services PMI came-in at 49.8, missing the estimated figure of 53.5 by a wide margin. The prior figure stood at 53.2. Key Points
By FXStreet The greenback keeps appreciating vs. its neighbor today, with USD/CAD now returning to the upper band of the range near 1.3860. USD/CAD attention to oil, US
By FXStreet USD/JPY came under renewed pressure at the beginning of the New York session, breaking through previous lows and accelerated lower following the release of below expectations
By FXStreet According to the research team at UOB Group, the Aussie dollar could re-visit levels above the 0.7300 handle. Key Quotes“We just turned bullish AUD yesterday and
By FXStreet Brent prices extended losses to hit a one-week low of $32.34/barrel on fading optimism regarding a joint OPEC and non-OPEC production cut. Eyes US inventory data
By FXStreet In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot remains under pressure and could re-visit recent troughs just below the 111.00 mark.
By FXStreet Sterling sell-off continued in Europe, pushing the GBP/JPY pair to a fresh 29-month low of 155.14 levels. Offered below monthly 100-MA The cross was offered once
By FXStreet Research Team at BBH, suggests that Sterling’s slide remains the continuing feature in the foreign exchange market as Brexit fears dominate. Key Quotes “It has convincingly
By FXStreet Lee Hardman, Currency Analyst at MUFG, suggests that global investor risk sentiment was undermined as well yesterday by the release of the weaker than expected US