Category: Market Outlook>Market Outlook Forex

The NZD/USD extends its upward trajectory, nearing 0.5980 on dovish comments from Fed’s Powell, US ISM PMI eyed. FUNDAMENTAL OVERVIEW: During Monday’s Asian trading hours,...

USD/CAD remains steady around the 1.3600 level as crude oil prices edge higher. FUNDAMENTAL OVERVIEW: USD/CAD remains positive after scaling back some advances on Monday....

NZD/USD makes a strong move towards near 0.6140 following positive Business NZ PSI data, while the US Dollar maintains its stability. FUNDAMENTAL OVERVIEW: Continuing its...

USD/CAD remains range-bound around the 1.3450 level in anticipation of Canadian employment data. FUNDAMENTAL OVERVIEW: The USD/CAD pair moves within a narrow range near 1.3450...

NZD/USD bounces back from 0.6050 in anticipation of US services PMI and New Zealand employment data. FUNDAMENTAL OVERVIEW: Finding support around 0.6050, the NZD/USD pair...

NZD/USD extends gains to approximately 0.6110 despite prevailing risk aversion sentiment. FUNDAMENTAL OVERVIEW: After experiencing two consecutive days of losses, NZD/USD rebounded to around 0.6110...

NZD/USD extends its decline, approaching the 0.6110 level, anticipating New Zealand’s CPI data release scheduled for Wednesday. FUNDAMENTAL OVERVIEW: NZD/USD extends its two-session losing streak...

The Australian Dollar remains just above a key psychological level in anticipation of Australian Retail Sales data. FUNDAMENTAL OVERVIEW: On Monday, the Australian Dollar (AUD)...

USD/CHF is trading in the vicinity of 0.8500, benefiting from a stronger US Dollar, with anticipation for upcoming US labor data. FUNDAMENTAL OVERVIEW: USD/CHF continues...

Central Bank Signals Amid Rate Cut Speculations: A Week of Dovish Fed and Hawkish ECB/BoE Meetings FUNDAMENTAL OVERVIEW: With markets considering potential 2024 rate cuts...

GBP/JPY: Pound Holds Gains Against Yen on BoE Hawkish Stance and BoJ Policy Watch. FUNDAMENTAL OVERVIEW: The GBP/JPY currency pair is currently engaged in tight...

Traders Reevaluate Rate Cut Expectations FUNDAMENTAL OVERVIEW: Dollar Dynamics: Traders reassessed their expectations of larger Fed rate cuts, causing the dollar to regain ground. Key...