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May 18, 2020 12:48 PM
The EUR/USD pair is up within range this Monday, maintaining its neutral stance at the beginning of the day. The greenback is weaker as investors mov...
May 18, 2020 12:36 PM
The USD/TRY currency pair failed to exceed the psychological level at 7.2500. Since the beginning of May, the pair has been trading downwards. Note th...
May 18, 2020 12:26 PM
Gold gained some strong follow-through traction for the fifth consecutive session and shot to fresh multi-year tops, around the $1765 region on Monday...
May 18, 2020 12:25 PM
The New Zealand Dollar declined by 86 pips or 1.42% against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple movi...
May 18, 2020 12:20 PM
The US Dollar surged by 92 pips or 0.66% against the Canadian Dollar on Friday. The currency pair bounced off the lower boundary of an ascending chann...
May 18, 2020 12:14 PM
The Australian Dollar declined by 64 pips or 1.00% against the US Dollar on Friday. The currency pair was pressured lower by the 100– and 200– hour SM...
May 18, 2020 12:11 PM
The common European currency surged by 60 pips or 0.52% against the Japanese Yen on Friday. The currency pair bounced off the bottom border of an asce...
May 18, 2020 12:00 PM
On Friday, the XAU/USD exchange rate exceeded the 1,740.00 level. During today's morning, the rate was trading at 1,765.00. It is likely that yellow m...
May 18, 2020 11:56 AM
During previous trading session, the USD/JPY currency pair pierced the lower line of the rising wedge pattern. During Monday morning, the pair reverse...
May 18, 2020 11:54 AM
During the end of last week, the GBP/USD exchange rate broke the lower line of the falling wedge pattern. During Monday morning, the rate was trading ...
May 18, 2020 11:53 AM
The EUR/GBP cross extended its steady intraday pullback from over seven-week tops and was last seen trading near the lower end of its daily trading ra...
May 18, 2020 11:51 AM
On Friday, the EUR/USD currency pair failed to exceed the 1.0840 level. During today's morning, the pair was trading in the 1.0810 area. Given that th...
May 18, 2020 11:31 AM
EUR/USD is prolonging the consolidative note in the lower end of the monthly range at the beginning of this week. While further consolidation looks li...
May 18, 2020 11:24 AM
Lee Sue Ann, Economist at UOB Group, suggested the Bank Indonesia (BI) is expected to leave the key interest rate unchanged at Tuesday's meeting. Key ...
May 18, 2020 11:13 AM
DXY keeps navigating the upper end of the monthly range near 100.50, although a break above this region still remains elusive. In this area converge M...
May 18, 2020 11:00 AM
EUR/JPY is now attempting to consolidate in the 116.00 region following the rejection from last week's tops near 117.00 the figure. While trading belo...
May 18, 2020 10:54 AM
The USD/JPY pair is up this Monday, although holding within familiar levels. Market's moves are limited, with major pairs trading within familiar lev...
May 18, 2020 10:33 AM
UOB Group's Economist Ho Woei Chen, CFA, assessed the outlook for the Chinese economy amidst the ongoing recovery. Key Quotes "The economic data relea...
May 18, 2020 10:17 AM
The USD/CHF pair edged higher during the early European session and was last seen trading near the top end of its daily trading range, around the 0.97...
May 18, 2020 09:46 AM
The AUD/USD pair continued showing some resilience near the 0.6400 mark and managed to regain some positive traction on the first day of a new trading...
May 18, 2020 09:08 AM
The GBP/USD pair edged higher through the early European session and refreshed daily tops, around the 1.2125 region in the last hour, albeit lacked an...
May 18, 2020 08:57 AM
These are the main highlights of the CFTC Positioning Report for the week ended on May 12th: Speculators kept adding gross shorts to their already neg...
May 18, 2020 08:24 AM
Gold maintained its strong bid tone through the early European session and was last seen trading near multi-year tops, just above the $1760 level. The...
May 18, 2020 08:04 AM
In opinion of FX Strategists at UOB Group, extra gains in USD/CNH are expected to meet a tough barrier in the 7.1560 level. Key Quotes 24-hour view: "...
May 18, 2020 08:00 AM
The single currency is alternating gains with losses at the beginning of the week, prompting EUR/USD to keep the prevailing rangebound trade around th...
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