Are you looking to make the most out of the current market conditions? According to ING’s FX strategist Francesco Pesole, there is a promising opportunity for pro-cyclical currencies to thrive
The NZD/USD pair is currently trading around 0.6180, with potential to test the lower boundary of the ascending channel at 0.6160. The short-term upward momentum is supported by the nine-day
As the US Dollar (USD) short squeeze continues, currencies such as AUD, NZD, and THB are feeling the pressure, according to OCBC FX strategists Frances Cheung and Christopher Wong. Potential
Title: Market Analysis Post-US Labor Day: Defensive Stance and Risk Assets Pressure The markets have shifted into a defensive stance post-US Labor Day, with risk assets facing pressure. According to
GBP/USD is currently in a consolidation phase slightly above 1.3100 on Wednesday, indicating a lack of strong recovery momentum in the technical outlook. The pair faced pressure as the risk-averse
The AUD/JPY pair is facing a second consecutive day of losses, currently trading around 97.50 during the European trading hours on Wednesday. The decline in AUD/JPY can be attributed to
EUR/GBP Slips as Eurozone and Germany PMI Data Disappoints, BoE Rate Cut Speculation Looms The EUR/GBP pair is down slightly, trading around 0.8430 after disappointing PMI data from the Eurozone
EUR/USD remains stable around 1.1050 in the European session on Wednesday, with a technical outlook indicating a bearish bias for the pair. The US economic calendar will spotlight JOLTS Job
EUR/USD shows signs of recovery in Wednesday's trading session as the US Dollar experiences a slight correction. The recent dip in the major currency pair was met with buying interest
Gold (XAU/USD) continues to decline, trading in the $2,490s as risk sentiment turns negative after weak US manufacturing data. Despite its safe-haven status, Gold is not seeing an increase in