Forex

CBRT Raises FX Reserve Requirement, Prompting Decline in the USD/TRY

The USD/TRY declined intraday as the Central Bank of the Republic of Turkey (CBRT) raised the reserve requirement ratios for…

Jul 01, 2021, 19:34 BST
  • Forex

USD/SEK Trades Higher As Riskbank Maintains Dovish Stance

The USD/SEK has scored a 5th consecutive day of gains after the Riksbank maintained its dovish stance today. The Swedish…

Jul 01, 2021, 18:26 BST

AUD/USD Price Prediction – Bearish Setup Ahead of the NFP Report

The NFP report for the month of June is due tomorrow and the US dollar is up across the board.…

Jul 01, 2021, 10:05 BST

EUR/USD Outlook Ahead of Germany’s Retail Sales

EUR/USD is on a bearish consolidation pattern ahead of Germany’s retail sales. Analysts expect May’s retail sales to have risen…

Jul 01, 2021, 06:26 BST

USD Index Extends Gains on Flight to Safety, Positive ADP Data

The USD Index is up on the day after June delivered a solid increase in private-sector payrolls. However, hiring seems…

Jun 30, 2021, 15:04 BST

GBP/USD: Rally or Corrective Rebound?

GBP/USD is on a corrective rebound ahead of the UK GDP data. Analysts expect the country’s economy to have shrunk…

Jun 30, 2021, 05:19 BST

USD Index (DXY) Set to Retest 92.32 On Stellar Consumer Confidence, Delta Variant Concerns

The USD Index is set to net its biggest daily gain in seven as the flight to safety takes hold…

Jun 29, 2021, 16:26 BST

USD/ZAR: Bullish Flag Points to More Weakness for the Rand

The South African Rand continues to face bearish pressure this Tuesday after the government reinstated tighter COVID-19 restrictions in a…

Jun 29, 2021, 14:16 BST

USD/CAD: What to Expect with US Consumer Confidence Data in Focus

USD/CAD has extended gains from the previous session ahead of the weekly US oil inventories data and OPEC+ meeting. At…

Jun 29, 2021, 07:57 BST

EUR/USD on Range-Bound Trading Amid Divergence Views in ECB

EUR/USD remains range-bound as the key economic policy makers with Eurozone voice different opinions on the apt economic approach post-pandemic.…

Jun 29, 2021, 04:50 BST