USDJPY is under selling pressure in today’s Asian session as the US dollar is weaker against all of its major counterparts ahead of the FOMC statement.
AUDGBP is under selling pressure today after Australia’s Business Conditions came in at -24, below the forecasts of -16 in May. The Business Confidence registered in at -20, beating the forecasts of -32.
USDMXN rebounds today after the sharp sell-off that started one month ago after the improvement in investors sentiment as the markets began to discount the reopening of the economies around the globe.
The USDCHF is under pressure, even as the CFTC positioning report indicates new headwinds for the US Dollar.
The GBPUSD pair declined by more than 0.60% as the US dollar gained strength ahead of the Fed interest rate...
Asian stocks trading mixed as the bullish momentum push risky assets to March highs as the recent economic data point to a fast global recovery. Better unemployment data in the USA
The USDJPY pair is down for the second straight day. The pair is trading at 107.90, down from Friday’s open...
Remember the head and shoulders chart pattern on EURGBP yesterday? It would look like the currency pair is already trading below the neckline support.
EURUSD may have finished yesterday’s trading unchanged. However, technicals on the 1-hour chart suggest that it may soon rally.
USDCAD continues it’s trip south as investors continue to dump U.S. dollar as they are shifting their attention to more risky assets. The improvement in sentiment boosts Canadian dollar, which is also helped by the rally in crude oil price