Australian Dollar edges higher amid improved risk appetite, US PMI eyed
The Australian Dollar (AUD) halts its three-day losing streak on Thursday, possibly driven by the improved risk appetite.
Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]
Our detailed Elliott Wave analysis for the SP500 and NASDAQ indicates we are currently in wave v of (v) of iii) of 1 of (5) of 3) of I.
Gold price attracts some sellers on Fed’s hawkish stance
Gold price (XAU/USD) extends the decline on Wednesday. The further upside of the yellow metal might be limited, as the FOMC minutes were interpreted as significantly more hawkish than previous…
USD/INR recovers ahead of India/US PMI data
Indian Rupee (INR) struggles to gain ground on Thursday. The hawkish stance from the FOMC Minutes and the Federal Reserve (Fed) policymakers boosts the Greenback and creates a tailwind for…
UK CPI Preview: Inflation set to decline towards 2% target as markets mull rate cuts for June or August
The United Kingdom’s (UK) Office for National Statistics (ONS) will release the high-impact Consumer Price Index (CPI) data on Wednesday at 06:00 GMT.
Pound Sterling Price News and Forecast: GBP/USD trades sideways near 1.2710
The GBP/USD pair remains confined around 1.2710 during the early Asian session on Wednesday.
USD/INR recovers some lost ground, eyes on FOMC Minutes
Indian Rupee (INR) edges lower on Wednesday as the cautious Fedspeak supports the US Dollar (USD).
Australian Dollar trims gains amid firmer US Dollar, FOMC Minutes awaited
The Australian Dollar (AUD) regained ground on Wednesday, reversing its recent losses, following the appreciation of the New Zealand Dollar (NZD) after the Reserve Bank of New Zealand (RBNZ) announced…
EUR/USD remains calm around 1.0850 ahead of FOMC Minutes
EUR/USD remains stable ahead of the release of the Minutes from the Federal Open Market Committee (FOMC) meeting held on May 1, scheduled for Wednesday.
US Dollar turns to green with US markets starting to wake up
The US Dollar (USD) is afloat on Tuesday, holding around 104.50 and is starting to pick up a bit, as measured by the US Dollar Index (DXY), with no clear…