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FxWirePro: AUD/USD Hits 2 1/2-Months Low, Outlook Bearish The AUD/USD pair declined to hit 2 ½ month low on Thursday, as commodity currencies weakened across the board after oil prices declined sharply following Feds meeting indicating that the US central bank will more likely raise interest rate...
Stocks Drop as Hike Fears Return Stocks sharply lower at US open June rate hike not such a crazy idea UK consumers bat off Brexit fears Anxiety is setting in for financial markets, as the proposition of another rate hike from the Fed draws the bears out once more...
EUR/USD Turns Positive Above 1.1200 The common currency is extending its rebound from sub-1.1200 levels vs. the dollar, sending EUR/USD back to the positive territory near 1.1220...
USD/JPY Supported by Hawkish FOMC Minutes - MUFG Analysts from The Bank of Tokyo-Mitsubishi UFJ, explained that the hawkish Federal Reserve stand regarding interest provides more support to the USD/JPY that is expected to retain a neutral bias next week, trading around 109.00 and 112.00...
EUR/USD: Bearish Bias Amid US Dollar Rebound - MUFG Analysts from The Bank of Tokyo-Mitsubishi UFJ, point out that the bias for the next week in EUR/USD is bearish with a US dollar rebound underway in the market. They expect the pair to trade between 1.1050 and 1.1450...
USD/MXN: Above 18.53 Open Doors to Record Highs - BBH According to analysts from Brown Brother Harriman, sentiment toward emerging markets will be the most important driver for Mexico and they expect the peso to remain under pressure...
US Markets Fall as Investors Dump Stocks on Fed Rate-Hike Fears On Thursday, major US stock indices opened lower as mounting fears of an earlier than expected Fed rate-hike decision as early as June, seems to be weighing on investor sentiment...
WTI Sinks to Lows Near $46.80 The barrel of West Texas Intermediate is trading in fresh 3-day lows in sub-$47.00 levels, prolonging its leg lower after recent 2016 highs near $49.00...
AUD/USD Poised for a Test of the Low-0.71s – Westpac Sean Callow, Strategist at Westpac, believes AUD could depreciate further towards the low-0.7100s in the upcoming days...
USD/JPY Could Reach 115.00 in 3-Month – Danske Bank Morten Helt, Senior Analyst at Danske Bank, believes the pair could accelerate the upside to the 115.00 area in a 3-month view...
USD: A Buy On Dips: Further Upside Vs EUR, JPY, AUD - Credit Agricole The USD has been well supported, mainly on the back of somewhat higher expectations of the Fed considering higher rates in June...
USD/JPY Forecast: Dollar Gains, No Matter What Dollar gains, no matter what. The USD/JPY has advanced overnight up to 110.37, with a short lived bearish knee-jerk down to 109.77 being quickly reversed...
USD/CHF Faded a Spike to 0.9922, Drops Back Below 0.9890 The USD/CHF pair faded its spike to 0.9922, led by a drop in US initial jobless claims, and has now dropped back below 0.9900 level to currently trade at 0.9885. Including today's up-move to 0...
AUD/USD Still Neutral Near-term - UOB The research team at UOB Group maintains its neutral perspective on the Aussie dollar in the next 1-3 weeks. Key Quotes “We shifted to a neutral stance yesterday and there is no change to our view”...
US Dollar Rejected from 95.50, Back to 95.30 The dollar’s upside remains well and sound today, although the US Dollar Index seems to have met quite a strong resistance around 95.50. US Dollar extends the rally post-FOMC The greenback is advancing for the third week in a row, recovering the 95...
USD/CAD Climbs to a Six-Week High Level of 1.3154 Following the release of weekly US jobless claims data, the USD/CAD pair spiked to 1.3154 marking its highest level since April 8. The pair has witnessed a gradual recovery of nearly 700-pips from a multi-month low level of 1...
EUR/USD Attempts to Regain 1.1200 after Fresh Lows EUR/USD stretched to fresh 7-week lows sub-1.1200 at the beginning of the New York session amid a stronger greenback on the back of hawkish FOMC minutes published the previous day...
USD/JPY Back above 110.00 Post-US Data It seems the greenback has recovered the smile today, now lifting USD/JPY once again beyond the 110.00 handle...
Gold Drops to Session Low of $1245 after Mixed US Data Extending its downward trajectory, Gold has broken below 50-day SMA support near $1250 level to currently trade at $1245, near low point of the day...