US Dollar (USD) is consolidating this week’s losses and trading near the lows of the week. Global equity markets keep grinding higher while long-term sovereign […]
Tag: consolidates
EUR/JPY consolidates as Yen benefits from GDP data, Euro aided by growth revision
EUR/JPY trades around 179.60 on Monday at the time of writing, virtually unchanged on the day after pulling back from last week’s multi-year high near […]
Gold consolidates near three-week high as US House vote looms
Gold (XAU/USD) trades little changed on Wednesday, consolidating gains near a three-week high as investors adopt a wait-and-see approach ahead of a crucial US congressional […]
EUR/USD consolidates gains on fears of a potential US government shutdown
The Euro appreciates to the 1.1725 area on concerns about a possible government shutdown in the US. US President Trump will meet congressional leaders 24 […]
WTI Crude Oil consolidates near key support, OPEC+ decision looms
WTI Crude Oil remains under pressure near mid-$65s amid thin holiday trading and a lack of fresh catalysts. Traders remain cautious ahead of the July […]
GBP/USD consolidates below mid-1.2700s; upside potential seems limited
GBP/USD struggles for a firm intraday direction and oscillates in a range on Monday. Bets for a less dovish Fed act as a tailwind for […]
Japanese Yen consolidates against USD, looks to FOMC minutes for fresh impetus
The Japanese Yen attracts some sellers amid uncertainty over additional BoJ rate hikes. Hopes for a possible Hezbollah-Israel ceasefire further undermine the safe-haven JPY. Intervention […]
USD/CAD consolidates its gains above 1.3650, eyes on Canadian CPI, US Retail Sales data
USD/CAD trades flat with mild losses near 1.3680 in Tuesday’s early Asian session. Fed’s Powell said the central bank will not wait until inflation hits […]