© Reuters. FILE PHOTO: A view shows a Russian one rouble coin in front of a screen in this illustration picture taken August 22, 2023. REUTERS/Maxim Shemetov/Illustration/File Photo By Alexander Marrow (Reuters) -The rouble rebounded after slumping to a more than 18-month low against the dollar on Monday in a volatile session, still hampered by
Share: The AUD/USD caught a much-needed bid in Friday trading after the US NFP report clobbered forecasts. The Aussie still remains buried deep in bear country after falling to fresh lows for 2023 in the early week. Market focus is set to crystallize on US inflation expectations next week. The AUD/USD etched in
Share: The NZD/USD is bounding higher as the US Dollar falls back on NFP data beats. Kiwi catches enough lift to tap the 0.6000 major level post-NFP. The Kiwi is now grasping to stay flat on the week. Friday markets are seeing a broad reversal of the week’s flows after the US Non-Farm
Share: The AUD/USD has walked back all of the day‘s gains in Friday trading as the DXY sees resurgence. Friday sees the Aussie down over 1% against the Greenback. A looming US government shutdown is seeing markets balk as investors clam up and jump back into the USD. The AUD/USD has slipped over 65
Share: Canadian Dollar back into recent lows as Crude Oil prices tumble on Friday. Canadian GDP missed market expectations, economic growth came in flat. USD/CAD etches in a new high for the week as CAD slips, US Dollar recovers. The Canadian Dollar (CAD) saw both a new high and a new low against
Share: AUD/USD trades at 0.6435, recovering from a daily low of 0.6416, as Chinese economic data boosts market sentiment. US Federal Reserve expected to hold rates steady, with a 99% chance of no change, as investors await ‘dot-plots’ for future rate path. Michelle Bullock to begin her term as the new RBA Governor
Share: USD/CAD stalls its downtrend, finding support at 1.3489, just above the 200-day Moving Average, and trades 0.14% higher. If the pair sustains above 1.3489, it could target resistance levels at 1.3550, 1.3580/90, and the psychological 1.3600 mark. A break below 1.3489 could signal a bearish resumption, exposing the 200-DMA at 1.3463 and
Share: As Wall Street opens positive, NZD/USD rises 0.57% to 0.5907, partially offsetting fears of a global economic slowdown. US Dollar softens after hitting a six-month high, providing a tailwind for NZD/USD amid a lack of fresh US economic data. Traders await key economic indicators next week, including US inflation data and New
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Dhara Ranasinghe LONDON (Reuters) -The dollar eased from recent 10-weak peaks on Tuesday as global risk appetite recovered after being hurt by a jump in U.S. government bond yields and a weakening
Share: GBP/USD rises 0.22% as market sentiment remains upbeat, with NVIDIA earnings and BoE rate hike prospects in focus. Interest rate differential between the US and UK narrows, potentially pushing GBP/USD towards the YTD high of 1.3147. Technicals indicate resistance at the 50-DMA of 1.2791; a breach could target 1.2995, while support lies
