FX markets were relatively range bound in which the 96.00 level remained elusive for the USD index amid choppy price action in EUR/USD, while the major currencies were also unfazed by US President Trump’s first-ever prime-time Oval Office address ...

The USD index recovered lost ground and eyes a retest of the 96.00 level, which in turn has resulted to a pullback in EUR/USD to trade at the mid-1.1400 handle. The latest Brexit related news has been conflicting and therefore inconclusive for price ...

In FX markets, the greenback failed to hold onto the initial knee-jerk support from Friday’s stellar US jobs numbers as Fed Chair Powell provided a dovish tone in which he stated that Fed policy is not on a pre-set path, while he also noted the Fed ...

FX markets were mostly quiet with the USD index relatively choppy in tight range ahead of the Fed Chair Powell’s panel participation and the key US jobs data release later today, as analysts expect an addition of 177k jobs to the headline NFP ...

FX markets were rattled in thin liquidity amid fresh global growth fears after Apple cut its Q1 revenue forecast, citing weaker Chinese sales. This spurred safe-haven demand into the JPY. Finally, amidst all the above, the Dollar index declined ...

The USD index entered the European Union session on the backfoot with losses of around 0.3% and below the 96.00 level largely driven by the broader risk environment as disappointing Chinese data overnight and the ongoing US government shutdown, ...

Happy New Year! Option expiries of note for today's 15:00 GMT: EUR/USD: None of significance nearby price action. Got in short today, again at 1.1460 with a ...

The USD index push lower bellow 96.000 and print fresh session lows on worsened US and China trade relations as US urges allies to boycott Huawei equipment over espionage concerns and Chinese companies are threatening to punish employees caught ...

The USD index push higher although sill sub-97.000 and print fresh session highs on improved equity market sentiment plus Kevin Hassett support for Fed Chair Powell was a boost to US capital market sentiment which saw the USD flourish overnight. ...

The USD index remained sub-97.000 and continued to ease and print fresh session lows ahead of the holiday-shortened week. Meanwhile, EUR/USD edged closer to the 1.1400 handle amid weekend reports that US President Trump has discussed firing Fed ...

The USD index remained sub-97.000 and continued to ease and print fresh session lows ahead of the holiday-shortened week. Reports that US President Trump has discussed firing Fed Chair Powell, however, Treasury Secretary Mnuchin attempted to calm ...

US House Speaker Ryan said US President Trump wouldn't sign senate-approved funding bill, adding that Trump wants to see an agreement that protects the border. US President Trump earlier stated that he will not sign any legislation "unless it has a ...

The FOMC raised the fed funds rate target by 25bps, the central bank also narrowed the trajectory of rate hikes going forward, now envisaging two hikes in 2019, and one in 2020 (previously it had seen three hikes in 2019 and one in 2020). Crucially, ...

Italy's Government source said the EU Commission has accepted the 2019 budget deficit of 2.04%. This comes after sources from PM Conte’s office said Italy has received only verbal assurances from the EU Commission over the budget deal and it is ...

In FX markets, the USD index eased further to print fresh session lows just above the 97.000 level (97.030-150 range) ahead of tomorrow’s long-awaited FOMC rate decision as markets gear up for a dovish hike. As such, EUR/USD held above 1.1350 for ...

Most majors were uneventful as the USD index remained little changed sub-97.500 ahead of the FOMC meeting later this week, as such EUR/USD remained above 1.1300 while GBP/USD traded within a tight range near Friday’s levels. The USD index is in a ...

ECB policy-makers debated changing the balance of the risk assessment to highlight downside risk, according to sources. This follows President Draghi’s comments at the press conference that risks to growth still broadly balanced, but balance of ...

Asian equity markets traded positively as the region followed suit from the gains on Wall St amid trade-related hopes after news of further potential concessions by China. UK PM May survived the confidence vote in which 200 voted that they have ...

US President Trump said it would be foolish for the Fed to hike rates next week and that he is fighting some trade battles which needs accommodation. US President Trump also said he is not concerned about being impeached, as it is hard to impeach ...

The major pairs quietened from yesterday’s price moves which provided GBP/USD with some much-needed respite following its slip to 20-month lows in the fall-out of PM May’s 11th hour cancellation of the Brexit deal vote. EUR/USD also languished after ...