Monday, May 23, 2022

USD/CHF recovers further from monthly low, steadily climbs back closer to mid-0.9700s

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USD/CHF stage modest recovery from a fresh monthly low touched earlier this Friday. The risk-on impulse undermined the safe-haven CHF and acted as...

NZD/USD consolidates around 0.6400 level, set to snap seven week losing streak as RBNZ...

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Having failed to break above its 21 DMA at 0.6413, NZD/USD has since fallen back to consolidate around 0.6400. The pair is on...

EUR/USD is marching lower from 1.0600 and braces to 1.0550s on a risk-on mood

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The EUR/USD records gains in the week of some 1.30%. The US Dollar is trimming Thursday’s losses and remains buoyant on Friday amidst...

GBP/USD holds onto weekly gains, near 1.2500

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Dollar ends a positive weekly streak across the board, even as risk aversion prevails. Pound offers signs of life, rebounds more than 200...

RBNZ: A 50 bps rate hike next week, and more coming next – Wells...

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Next week the Reserve Bank of New Zealand will have its monetary policy meeting. According to analysts at Wells Fargo, high inflation and a...

AUD/USD battles at the 20-DMA at around 0.7030s on risk-aversion

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Despite falling on Friday, the AUD/USD is up in the week by 1.34%. Sentiment fluctuated negatively in the last hour, dragging the AUD/USD...

USD/CAD rebounds after printing fresh two-week lows sub-1.2800, still on course for weekly decline

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USD/CAD is back to trading flat in the 1.2830 area after hitting more than two-week lows earlier in the session. The pair is...

Eurozone Consumer Confidence rises to -21.1 in May from -22.0 in April

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Eurozone Consumer Confidence Index rose from -22.0 in April to -21.1 in May, according to the latest data release from the European Commission. That...

EUR/USD: Above 1.0642 can mark a near-term base with resistance seen at 1.0758/94 –...

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EUR/USD has reinforced its defense of key support from the 1.0341 low of 2017. With daily MACD holding having turned higher, analysts at Credit...

USD/CAD weakens further below 1.2800 mark, drops to fresh two-week low

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USD/CAD prolonged its recent bearish trend and dropped to a fresh two-week low on Friday. The tight supply outlook acted as a tailwind...
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USD - United States Dollar
EUR
1.05
GBP
1.23
CHF
1.01
NOK
0.11
JPY
0.01
CAD
0.78
AUD
0.71