The NZD/USD pair is up 0.16% to near 0.5990 during the Asian trading session on Friday. The kiwi pair gains as the US Dollar (USD) ticks up, while investors seek fresh cues on the United States (US) interest rate outlook.During the press time, the US … [Continue reading]
AUD/JPY Price Forecast: Uptrend intact despite dip below 111.00
The rally on the AUD/JPY was halted on Thursday as the cross-pair retreated some 0.40% during the session on broad strength of the Japanese Yen. Hawkish comments by two officials of the Bank of Japan, weighed on the pair, which trades below the … [Continue reading]
AUD/USD declines on USD strength, hawkish RBA outlook sustains
AUD/USD trades with a negative bias on Thursday as broad-based US Dollar (USD) strength weighs on the Australian Dollar (AUD). At the time of writing, the pair is trading around 0.7078, down 0.60%.The pair has now trimmed most of the previous day’s … [Continue reading]
UK: Spring Statement seen as quiet placeholder – Deutsche Bank
Deutsche Bank’s Sanjay Raja expects the UK Spring Statement on 3 March to be a low-key update, with few new policy measures after the Autumn Budget. The Office for Budget Responsibility will refresh forecasts, with borrowing projected to undershoot … [Continue reading]
South Africa Producer Price Index (YoY) fell from previous 2.9% to 2.2% in January
EUR/USD stays defensive around 1.1800 in the European session on Thursday. The US Dollar stabilizes, following the recent decline led by tariff uncertainty, capping the pair's upside. All eyes now remain on the US-Iran nuclear talks after … [Continue reading]
AUD/JPY Price Forecast: Softens to near 111.00 but holds bullish momentum above 100-day EMA
The AUD/JPY cross trades in negative territory around 111.15 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) following hawkish remarks from the Bank of Japan (BoJ) … [Continue reading]
Australia Private Capital Expenditure registered at 0.4% above expectations (0%) in 4Q
Gold attracts some buyers for the second straight day as trade jitters and geopolitical tensions ahead of the US-Iran nuclear talks underpin demand for safe-haven assets. Apart from this, a softer US Dollar further supports the bullion, though the … [Continue reading]
USD/ZAR: Range floor at risk as ZAR richens – Societe Generale
Societe Generale analysts flag that USD/ZAR remains in a sideways consolidation but warn that failure to clear the 50‑day moving average could extend the decline toward lower projections. They add that South African fiscal consolidation supports … [Continue reading]
United States EIA Crude Oil Stocks Change climbed from previous -9.014M to 15.989M in February 20
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
USD/INR stays calm in countdown to US-Iran nuclear talks, India’s Q4 GDP
The Indian Rupee (INR) trades flat against the US Dollar (USD) on Wednesday. The USD/INR pair wobbles around 91.00 as the Indian Rupee trades with caution ahead of nuclear talks between the United States (US) and Iran on Thursday and the release of … [Continue reading]