The latest released US inflation data showed that CPI rose by 0.5% last month, in line with the market expectation. Compared with the 0.9% last month, the data provided some assurance for investors. U...
USD hovers around its four-month high against EUR and five-week high against JPY on Wednesday. Traders are waiting for the US inflation data to test the pressure on Fed. DXY Index has breached the 93-...
USD continues its upward trend on Tuesday morning, maintaining the strong momentum over the expectation that the Fed would begin asset tapering soon. Aside from the nonfarm payrolls released on Friday...
Investors are still digesting the extraordinary nonfarm payrolls released last Friday. DXY Index spiked upon release to nearly 93 but quickly adjusted back. Currently, the Index is trading at 92.767, ...
USD was slightly higher on Friday morning, with the DXY Index currently hovering around 92.328, up about 0.09% since opening. The upward momentum primarily comes from investors’ reactions to the lates...
USD was up on Thursday in Asia, as the Fed Vice Chair Richard Clarida commented on Wednesday that, conditions for an interest rate hike could be met in late 2022 or early 2023. Moreover, Clarida also ...
AUD continues its upswing on Tuesday as RBA concluded its meeting with the decision to taper its bond purchases. The current scale of AUD 5 billion per week will be reduced to AUD 4 billion per week. ...
USD turned slightly weaker against JPY and CHF on Tuesday after soft manufacturing data being released. Latest PMI shows that US manufacturing growth has been slowing down for the second straight mont...
This week, we will have two key events coming up. The first is nonfarm payrolls from the US, and the second is RBA’s rate decision in Australia. The US economy is still missing about 4 million jobs to...
USD descended to its one-month low on Thursday, continuing the downward trend after the Fed commented that the job market still needed some time to fully recover. Aside from the decision to wait longe...