AUD/USD reverses an intraday slide amid a modest USD pullback from over a two-month high.
Retreating US bond yields and a positive risk tone prompts some profit-taking around the USD.
Bets for more Fed rate hikes to act as a tailwind for the buck and cap any upside for the major.
GBP/USD gains some positive traction for the third straight day, though lacks follow-through.
Hawkish BoE expectations underpin the GBP and lend support amid subdued USD price action.
Bets for more Fed rate hikes to limit the USD losses and cap any meaningful gains for the major.
Gold bounces and shows signs of resilience despite a strong US dollar, as lower US Treasury bond yields lend some support amidst the backdrop of US Memorial Day and European holidays.
Optimism soars amongst investors following a provisional deal between the White House and US Congress to raise the US debt ceiling.
Positive US economic data spurred a hawkish repricing of the US Federal Reserve.
Australian Dollar rises modestly against the US dollar on a quiet Monday.
Although AUD/USD maintains a negative tone, it gained some support in the short term.
EUR/USD treads water around 1.0720 on Monday.
The greenback looks directionless as well despite debt ceiling deal.
Trading conditions are expected to remain thin due to US holiday.
GBP/USD stages a goodish recovery from its lowest level since April amid modest USD weakness.
The British Pound draws additional support from the better-then-expected UK Retail Sales figures.
The divergent BoE-Fed expectations could cap the upside ahead of the key US Core PCE Price Index.
AUD/USD bounces off a multi-day low touched on Friday amid a modest USD pullback.
Economic woes and US debt ceiling concerns cap the upside for the risk-sensitive Aussie.
Investors now look to the US Core PCE Price Index before placing fresh directional bets.
USD/JPY retreats from the YTD peak amid a modest USD pullback from over a two-month high.
A softer risk tone benefits the safe-haven JPY and further contributes to the intraday downfall.
The Fed-BoJ policy divergence should help limit losses ahead of the US Core PCE Price Index.
Gold price hits resistance at 50-day EMA of $1976.47, retraces as US Congress and the White House fail to progress on fiscal talks.
US Dollar Index (DXY) advances 0.25% amid the stalemate, rising above its 200-day EMA for the first time since March 15, 2023, as XAU/USD slips.
Traders await the release of the US Federal Reserve Open Market Committee (FOMC) minutes after a dovish rate hike in May.
LONDON, March 23 (Reuters) - Europe's post-Credit Suisse rebound spluttered to a halt on Thursday as Switzerland and Norway, and most probably the Bank of England later, showed the year-long cycle of sharp interest rate rises was by no means over.
By Marc Jones, Reuters | Thu, 23 Mar 2023 10:26:55 UTC
Corporate Reporting Season
The Fed raises but when will it hold?
Europe on a knife-edge
Britain’s downward spiral?
Are investors risk-on with crypto?
Key events in February
Cardano and Solana decoupled from Bitcoin, Ethereum and crypto ecosystem, yielding double-digit gains overnight on January 8.
On-chain indicators like social dominance and daily active addresses signaled a bullish trend reversal for both.
Litecoin’s correlation with Bitcoin and Ethereum is declining, the altcoin may be preparing for an explosive price rally.
By Ekta Mourya, FXStreet | Mon, 09 Jan 2023 11:28:29 UTC
Crude oil prices found some support today after a two-day tanking
An IMF alarm bell and China’s economic woes are weighing on WTI
Fed minutes reveal their resolve to slow the economy. Will WTI make a new low?
By Daniel McCarthy, DailyFX | Thu, 05 Jan 2023 10:05:01 UTC
Partners News
Florida elections officials quietly made it easier for Ron DeSantis to fund his 2024 bid
TALLAHASSEE, Fla. — Ron DeSantis’ administration has quietly changed state guidelines, essentially giving its blessing for a state-level politically committee previously run by the governor to move millions of dollars to a super PAC helping his presidential campaign.
By TradeRadius | 8 Minutes Ago
: Citi to pursue IPO of Banamex, resume ‘modest level’ of stock repurchases
Citigroup Inc. announced Wednesday that it decided to pursue an initial public offering (IPO) of its “Banamex” consumer, small business and middle-market banking operations in Mexico. The banking giant said the business will keep its name Banco Nacional de México (Banamex) after the IPO, which i...
By TradeRadius | 8 Minutes Ago
: Petco gets Q1 top and bottom line beat but stock slides 2.3% premarket on soft guidance
Petco Health & Wellness Co. Inc.’s stock WOOF, -1.75% fell 2.3% in premarket trades Wednesday after the pet food and health products company beat earnings and revenue expectations, but left its full-year outlook unchanged. The company posted a net loss of $1.9 million, or a loss of 1 cent a s...
By TradeRadius | 8 Minutes Ago
: Gold futures down a third straight session
Gold futures tallied a third consecutive session decline on Wednesday to settle at their lowest in nearly a week. Strength in the U.S. dollar pressured prices, leading gold to give up early gains that had been driven by uncertainty surrounding a U.S. debt-ceiling deal. Gold for June delivery...
By TradeRadius | 8 Minutes Ago
: U.K. central bank chief says ‘still a chance’ government forecast of halving inflation can be met
Bank of England Gov. Andrew Bailey said there was still a chance the U.K. government could meet its forecast of halving inflation this year, even after data showed a stronger-than-forecast 8.7% year-over-year rise in consumer prices in April. The peak for inflation was 11.1%. Speaking at the...
By TradeRadius | 8 Minutes Ago
: Oil futures finish higher, buoyed by a hefty weekly decline in U.S. crude supplies
Oil futures settled higher on Wednesday, finding support after the Energy Information Administration reported a 12.5 million-barrel weekly fall in U.S. crude inventories, the biggest year to date. Meanwhile, analysts said remarks from Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, ...
By TradeRadius | 8 Minutes Ago
: Insperity raises dividend, to boost dividend yield above 2%
Insperity Inc. NSP, -0.05% said Wednesday that it raised its quarterly cash dividend by 9.6%, to 57 cents a share from 52 cents. The provider of human resources services said shareholders of record on June 8 will be paid the new dividend on June 22. Based on Tuesday’s stock closing price of $...
By TradeRadius | 8 Minutes Ago
: First Citizens cuts nearly 500 Silicon Valley Bank staff: Axios
First Citizens Bancshares Inc. FCNCA, -0.26% laid off nearly 500 former Silicon Valley Bank staff on Wednesday, Axios reported, with most in the failed bank’s commercial banking segment. The move was made after First Citizens Bank in March agreed to buy up virtually all the loans and other a...
By TradeRadius | 8 Minutes Ago
: Avid Tech stock jumps more than 15% on report of exploring potential sale
Shares of video and audio editing software maker Avid Technology Inc. AVID, -0.29% jumped Wednesday following a report the company has hired Goldman Sachs to explore a potential sale. Avid shares rallied as much as 18% following Reuters’ reporting of the matter, citing unnamed sources close to t...
By TradeRadius | 8 Minutes Ago
: EIA reports a more than 12 million-barrel weekly decline in U.S. crude supplies
The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories fell by 12.5 million barrels for the week ended May 19. That compared to an average decline of 500,000 barrels forecast by analysts polled by S&P Global Commodity Insights. The EIA report showed...
Live Commentary
When it comes to breaking news and market moving information - TradeRadius has you covered
AUD/USD recovers early lost ground amid modest USD slide, remains below mid-0.6500s
AUD/USD reverses an intraday slide amid a modest USD pullback from over a two-month high. Retreating US bond yields and a positive risk tone prompts some profit-taking around the USD. Bets for more Fed rate hikes to act as a tailwind for the buck and cap any upside for the major.
By TradeRadius | 11 Hours Ago
GBP/USD climbs to fresh daily high, around 1.2375 area amid subdued USD demand
GBP/USD gains some positive traction for the third straight day, though lacks follow-through. Hawkish BoE expectations underpin the GBP and lend support amid subdued USD price action. Bets for more Fed rate hikes to limit the USD losses and cap any meaningful gains for the major.
By TradeRadius | 12 Hours Ago
XAU/USD price edges up despite strong US Dollar amidst thin liquidity trading
Gold bounces and shows signs of resilience despite a strong US dollar, as lower US Treasury bond yields lend some support amidst the backdrop of US Memorial Day and European holidays. Optimism soars amongst investors following a provisional deal between the White House and US Congress to raise the US debt ceiling. Positive US economic data spurred a hawkish repricing of the US Federal Reserve.
By TradeRadius | Mon, 29 May 2023 15:48:34 UTC
AUD/USD's recovery from monthly lows finds resistance around 0.6550
Australian Dollar rises modestly against the US dollar on a quiet Monday. Although AUD/USD maintains a negative tone, it gained some support in the short term.
By TradeRadius | Mon, 29 May 2023 15:46:18 UTC
EUR/USD trades without direction near 1.0720
EUR/USD treads water around 1.0720 on Monday. The greenback looks directionless as well despite debt ceiling deal. Trading conditions are expected to remain thin due to US holiday.
By TradeRadius | Mon, 29 May 2023 09:52:57 UTC
USD/JPY will likely be falling when BoJ moves to abandon YCC – MUFG
Economists at MUFG Bank discuss when the Bank of Japan could remove YCC as a policy tool.
By TradeRadius | Mon, 29 May 2023 09:50:42 UTC
GBP/USD clings to gains above 1.2350, lacks follow-through ahead of US PCE Price Index
GBP/USD stages a goodish recovery from its lowest level since April amid modest USD weakness. The British Pound draws additional support from the better-then-expected UK Retail Sales figures. The divergent BoE-Fed expectations could cap the upside ahead of the key US Core PCE Price Index.
By TradeRadius | Fri, 26 May 2023 10:35:55 UTC
AUD/USD sticks to modest recovery gains around 0.6525-30 area ahead of US PCE Price Index
AUD/USD bounces off a multi-day low touched on Friday amid a modest USD pullback. Economic woes and US debt ceiling concerns cap the upside for the risk-sensitive Aussie. Investors now look to the US Core PCE Price Index before placing fresh directional bets.
By TradeRadius | Fri, 26 May 2023 09:44:52 UTC
USD/JPY corrects further from YTD peak, drops to 139.00s on weaker USD
USD/JPY retreats from the YTD peak amid a modest USD pullback from over a two-month high. A softer risk tone benefits the safe-haven JPY and further contributes to the intraday downfall. The Fed-BoJ policy divergence should help limit losses ahead of the US Core PCE Price Index.
By TradeRadius | Fri, 26 May 2023 08:41:10 UTC
XAU/USD dives amid stalled US debt-ceiling talks as the USD strengthens
Gold price hits resistance at 50-day EMA of $1976.47, retraces as US Congress and the White House fail to progress on fiscal talks. US Dollar Index (DXY) advances 0.25% amid the stalemate, rising above its 200-day EMA for the first time since March 15, 2023, as XAU/USD slips. Traders await the release of the US Federal Reserve Open Market Committee (FOMC) minutes after a dovish rate hike in May.
By TradeRadius | Wed, 24 May 2023 15:48:52 UTC
Guest Articles
Rally splutters as Europe ploughs on with rate hikes
LONDON, March 23 (Reuters) - Europe's post-Credit Suisse rebound spluttered to a halt on Thursday as Switzerland and Norway, and most probably the Bank of England later, showed the year-long cycle of sharp interest rate rises was by no means over.
By Marc Jones, Reuters | Thu, 23 Mar 2023 10:26:55 UTC
What does disinflation really mean for markets?
Corporate Reporting Season The Fed raises but when will it hold? Europe on a knife-edge Britain’s downward spiral? Are investors risk-on with crypto? Key events in February
By Exante | Thu, 02 Feb 2023 16:03:43 UTC
Cardano and Solana decoupled from crypto in explosive price rallies, which altcoin is next?
Cardano and Solana decoupled from Bitcoin, Ethereum and crypto ecosystem, yielding double-digit gains overnight on January 8. On-chain indicators like social dominance and daily active addresses signaled a bullish trend reversal for both. Litecoin’s correlation with Bitcoin and Ethereum is declining, the altcoin may be preparing for an explosive price rally.
By Ekta Mourya, FXStreet | Mon, 09 Jan 2023 11:28:29 UTC
Crude Oil Price Hammered by Growth Concern but Steadies Today. Where to for WTI?
Crude oil prices found some support today after a two-day tanking An IMF alarm bell and China’s economic woes are weighing on WTI Fed minutes reveal their resolve to slow the economy. Will WTI make a new low?
By Daniel McCarthy, DailyFX | Thu, 05 Jan 2023 10:05:01 UTC
Partners News
Florida elections officials quietly made it easier for Ron DeSantis to fund his 2024 bid
TALLAHASSEE, Fla. — Ron DeSantis’ administration has quietly changed state guidelines, essentially giving its blessing for a state-level politically committee previously run by the governor to move millions of dollars to a super PAC helping his presidential campaign.
By TradeRadius | 8 Minutes Ago
: Citi to pursue IPO of Banamex, resume ‘modest level’ of stock repurchases
Citigroup Inc. announced Wednesday that it decided to pursue an initial public offering (IPO) of its “Banamex” consumer, small business and middle-market banking operations in Mexico. The banking giant said the business will keep its name Banco Nacional de México (Banamex) after the IPO, which i...
By TradeRadius | 8 Minutes Ago
: Petco gets Q1 top and bottom line beat but stock slides 2.3% premarket on soft guidance
Petco Health & Wellness Co. Inc.’s stock WOOF, -1.75% fell 2.3% in premarket trades Wednesday after the pet food and health products company beat earnings and revenue expectations, but left its full-year outlook unchanged. The company posted a net loss of $1.9 million, or a loss of 1 cent a s...
By TradeRadius | 8 Minutes Ago
: Gold futures down a third straight session
Gold futures tallied a third consecutive session decline on Wednesday to settle at their lowest in nearly a week. Strength in the U.S. dollar pressured prices, leading gold to give up early gains that had been driven by uncertainty surrounding a U.S. debt-ceiling deal. Gold for June delivery...
By TradeRadius | 8 Minutes Ago
: U.K. central bank chief says ‘still a chance’ government forecast of halving inflation can be met
Bank of England Gov. Andrew Bailey said there was still a chance the U.K. government could meet its forecast of halving inflation this year, even after data showed a stronger-than-forecast 8.7% year-over-year rise in consumer prices in April. The peak for inflation was 11.1%. Speaking at the...
By TradeRadius | 8 Minutes Ago
: Oil futures finish higher, buoyed by a hefty weekly decline in U.S. crude supplies
Oil futures settled higher on Wednesday, finding support after the Energy Information Administration reported a 12.5 million-barrel weekly fall in U.S. crude inventories, the biggest year to date. Meanwhile, analysts said remarks from Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, ...
By TradeRadius | 8 Minutes Ago
: Insperity raises dividend, to boost dividend yield above 2%
Insperity Inc. NSP, -0.05% said Wednesday that it raised its quarterly cash dividend by 9.6%, to 57 cents a share from 52 cents. The provider of human resources services said shareholders of record on June 8 will be paid the new dividend on June 22. Based on Tuesday’s stock closing price of $...
By TradeRadius | 8 Minutes Ago
: First Citizens cuts nearly 500 Silicon Valley Bank staff: Axios
First Citizens Bancshares Inc. FCNCA, -0.26% laid off nearly 500 former Silicon Valley Bank staff on Wednesday, Axios reported, with most in the failed bank’s commercial banking segment. The move was made after First Citizens Bank in March agreed to buy up virtually all the loans and other a...
By TradeRadius | 8 Minutes Ago
: Avid Tech stock jumps more than 15% on report of exploring potential sale
Shares of video and audio editing software maker Avid Technology Inc. AVID, -0.29% jumped Wednesday following a report the company has hired Goldman Sachs to explore a potential sale. Avid shares rallied as much as 18% following Reuters’ reporting of the matter, citing unnamed sources close to t...
By TradeRadius | 8 Minutes Ago
: EIA reports a more than 12 million-barrel weekly decline in U.S. crude supplies
The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories fell by 12.5 million barrels for the week ended May 19. That compared to an average decline of 500,000 barrels forecast by analysts polled by S&P Global Commodity Insights. The EIA report showed...
By TradeRadius | 8 Minutes Ago
Subscribe to get news