Weekly Focus – The Fed on Course for Rate Hikes
This week we adjusted our Fed call and expect the next policy…
Japanese Yen weakens as stronger US Dollar and elevated energy prices weigh on sentiment
USD/JPY holds firm on Friday, remaining confined within this week’s trading range…
Euro dips below 1.1600 with the focus shifting to Fed’s Warsh swearing-in ceremony
The Euro (EUR) extends losses against the US Dollar (USD) on Friday,…
Australian Dollar Loses Momentum After May Peaks
Fundamental Background The RBA’s third consecutive interest rate increase to 4.35% reflects…
Indian Rupee extends recovery as US-Iran deal optimism builds pressure on oil price
The Indian Rupee (INR) extends its recovery against the US Dollar (USD)…
Euro weakens against British Pound ahead of Germany IFO Business Survey
EUR/GBP extends its winning streak for the fifth consecutive day, trading around…
British Pound holds steady above 1.3400 vs USD on mixed BoE, Fed cues
The GBP/USD pair is seen oscillating in a narrow trading band during…
AUD/USD softens as US-Iran deal prospects bolster USD and weak jobs curb RBA hike bets
The AUD/USD pair loses ground to near 0.7140 during the Asian trading…
Euro holds the line as its own PMIs slide into contraction
The Euro finished the Thursday session roughly where it began, which only…
Forex Today: US Dollar steadies as strong PMI data supports cautious Fed outlook
Here is what you need to know for Friday, May 22: The…
