Forex

USD Index: Fed Chief’s Testimony on Tuesday in Focus As Price Tests 92.00

The USD Index is edging higher once more, ahead of Tuesday's testimony by Fed Chair Jerome Powell before the US…

Jun 22, 2021, 15:27 BST

GBP/USD Outlook: Focus is now on Powell’s Testimony, BoE

GBP/USD has paused on its rebound ahead of the Fed Chair’s testimony before US Congress, which is scheduled for 1800…

Jun 22, 2021, 03:58 BST

USD/ZAR: Commerzbank Sees Medium Term Uptrend Above 14.58

The South African Rand has continued to weaken sharply against the greenback following the hawkish Fed statement last Wednesday. The…

Jun 21, 2021, 15:48 BST

USD/ZAR: Hawkish Fed, Disappointing Retail Sales Hit Rand

The South African Rand hit a 4-week low on the back of the hawkish Fed projections and lower-than-expected retail sales…

Jun 17, 2021, 16:55 BST

USD/TRY Surges As CBRT Leaves Rates Unchanged

The Central Bank of the Republic of Turkey (CBRT) has elected to keep the interest rate in Turkey unchanged at…

Jun 17, 2021, 15:16 BST

ECB’s Makhlouf Dismisses Talk of Early End of PEPP Ahead of FOMC Decision

Ahead of tonight's FOMC decision, ECB governing council member Gabriel Makhlouf has dismissed talk of an early end to the…

Jun 16, 2021, 14:43 BST

GBP/USD Toppish Formation Despite Rising Inflation

Inflation runs hot in the United Kingdom as it exceeded all expectations for the month of May. Naturally, the GBP/USD…

Jun 16, 2021, 08:48 BST

USD/CAD Along 1.2176 Support Level with Canadian CPI in Focus

USD/CAD is on a decline ahead of the Canadian CPI data. Analysts expect consumer prices to have risen by 0.4%…

Jun 16, 2021, 06:18 BST

EUR/USD Wavers Ahead of US Retail Sales, Fed Interest Rate Decision

EUR/USD is trading higher as a reaction to CPI data from various European countries. Earlier on, Germany’s CPI came in…

Jun 15, 2021, 10:02 BST

GBP/USD Forecast with UK Employment Data in Focus

GBP/USD is on a consolidation pattern as investors await further cues from the UK job data and US retail sales…

Jun 15, 2021, 04:32 BST