FxSentiments
US Dollar Index (DXY) consolidates near 100.50 area, just below multi-week high
The USD climbs to a nearly one-month high on Friday amid a combination of supporting factors. The Fed's hawkish pause earlier this week and easing US recession fears underpin the Greenback.The USD bulls now look forward to speeches from influential FOMC members for a fresh impetus. The US Dollar Ind
FOMC's holding pattern continues
Summary The widely expected decision by the FOMC to keep rates on hold at today's policy meeting was universally supported by all 12 voting members of the Committee. In its post-meeting statement, the FOMC noted that "uncertainty around the economic outlook has increased further" (emphasis ours). Th
EUR/CAD Price Analysis: Euro edges higher near 1.5600 as longer-term bias holds firm
EUR/CAD trades near the 1.5600 zone after gaining modestly on Monday’s session.Bullish outlook supported by long-term trend indicators, despite short-term indecision.Resistance levels are forming overhead while dynamic support from EMAs remains in play. The EUR/CAD pair ticked higher on Monday, trad
Australian Dollar hits five-month high after Australian election
The Australian dollar continues to impress and has posted strong gains on Monday. European session, AUD/USD is trading at 0.6491, up 0.72% on the day and its highest level since early December 2025. Albanese wins big in Australian election Prime Minister Anthony Albanese cruised to a resounding vict
Softer-than-expected Turkish inflation in April despite recent lira weakness
Following the accelerated pace of depreciation and worsening inflation expectations since the middle of March, there was an unexpected decrease in Turkey's April inflation figure. Turkey's inflation reading was 3.0% month-on-month in April, coming in below the consensus of 3.1% (and our call at 3.2%
Bank of Japan expected to hold interest rate at 0.50% amid US trade war uncertainty
The Bank of Japan is expected to hold interest rates at 0.50% in its May meeting.The uncertainty related to the United States-inspired trade war will be at the centre of the decision.The Japanese Yen could ease further with the BoJ’s anticipated decision. The Bank of Japan (BoJ) will announce its de
President Trump: Carney will come to the White House
US President Donald Trump said Wednesday that Canadian Prime Minister Mark Carney is seeking to strike a trade deal and is expected to visit the White House within the next week. He also hinted at the possibility of reaching a deal with China eventually. Key QuotesCarney called me yesterday and said
US Dollar softens amid trade doubts and cautious sentiment
US Dollar Index drifts lower near 99.33 as doubts about US-led tariff reductions grow.China denies ongoing trade negotiations; US trade policy shifts viewed as long-term destabilizing.Technical indicators tilt bearish, with resistance levels at 99.43, 99.53 and 99.80. The US Dollar (USD) weakens sli
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