Forex

GBPUSD: 1.4240 Beckons as Dollar Decline Continues

GBPUSD looks set to break above the key 1.4000 level as disappointing job numbers point to further losses for the…

May 08, 2021, 04:28 BST

USD/ZAR Outlook: NFP Report Validates Bearish Bias on the Pair

The USD/ZAR's decline for the 3rd straight session follows disappointing Non-farm Payrolls numbers. In a Bloomberg TV interview, Minneapolis Federal…

May 07, 2021, 18:48 BST

USD Index Falls to 3-Month Lows After Poor NFP Numbers Jolt the Greenback

The USD Index (DXY) retreated to 3-month lows after disappointing NFP numbers showed that US employment is yet to recover…

May 07, 2021, 14:48 BST

GBP/USD Soars to 1-Week Highs On Disappointing NFP Data

The GBP/USD has rallied to 1-week highs after a disappointing Non-farm Payrolls (NFP) report.  According to data released by the…

May 07, 2021, 14:03 BST

USD/CAD Outlook Ahead of US and Canada Jobs Data

USD/CAD has eased after dropping from C$1.2288 to C$1.2142 in the previous session. The rising risk appetite, coupled with lower-than-expected…

May 07, 2021, 08:35 BST

EUR/USD Extends Gains Ahead of the US NFP data

EUR/USD is trading higher ahead of the US nonfarm payrolls (NFP) data. The US dollar has been on a decline…

May 07, 2021, 05:38 BST

GBP/USD Struggling to Sustain Gains As BoE Fails to Taper QE

The GBP/USD recovered some ground following the monetary policy decision of the Bank of England. However, the pair struggles to…

May 06, 2021, 14:07 BST

USD/ZAR: South African Rand Makes an Impressive Comeback

The USD/ZAR price nosedived on Thursday morning as traders started to price in an interest rate hike by the South…

May 06, 2021, 09:35 BST

USD/TRY: Implications of the CRBT Rate Decision

USD/TRY is on a bearish consolidation pattern ahead of the CRBT one-week repo rate decision. On Monday, TURKSTAT released lower-than-expected…

May 06, 2021, 09:13 BST

AUDUSD Dips, Then Rips As China Relations Sour

The AUDUSD pair spiked sharply lower overnight as China announced plans to "Indefinitely" suspend economic dialogue with Australia. The news…

May 06, 2021, 08:57 BST