Khurram Mustafa / Profil

James Knightley, analyst at ING Bank noted that the firm US data yesterday and supportive comments from Janet Yellen suggest the chances of a December Fed rate hike are rising. Key Quotes: "The October reading of the ISM non-manufacturing report looks very strong...

Strategist Emile Cardon at Rabobank believes the SNB could wait until the franc comes under significant pressure to announce additional measures (if any at all...

From an hourly perspective, the GBP/USD has reached its lowest momentum reading of the last 20 days of trading. Moreover, the recent plummeting GBP/USD price action has been highlighted by an above-average reading in the MACD histogram...

Economists from Wells Fargo pointed out that inflation expectations continue to ease further but mentioned that low inflation is not necessarily a reason to put the Fed’s first rate hike off even further, warning also that still remains a strong argument to move slowly in the case of a liftoff...

After another rejection from the 1.0900 handle, EUR/USD has now returned to the 1.0870/65 band. EUR/USD capped by 1.0900 The pair’s downside seems to have found some support around 1.0830, although the broader bearish picture remains unaltered so far...

USD/CAD edged slightly higher but overall remained well within its daily range as the loonie weakened following the release of below expectations Canadian manufacturing data. The Ivey Purchasing Manager PMI fell to 53.1 seasonally adjusted in October, from 53.7 the previous month and below the 54...

The perspective for the Mexican currency remains neutral, suggested BofA Merrill Lynch Global Research. Key Quotes “We stay neutral on the Mexican peso”. “The secular strengthening trend of the US dollar will continue, in our view”...

The Canadian dollar is trimming part of its initial losses vs. the euro, taking EUR/CAD to test the key support at 1.43 the figure. EUR/CAD lower on data The cross has retreated from the area of daily tops near 1.4350 after Canadian Ivey’s PMI has ticked lower to a seasonally adjusted 53...

The outlook on the Aussie dollar in the near term remains tilted to the neutral side, according to Strategist Sean Callow at Westpac...

The sterling is now accelerating its daily decline vs. the greenback, relegating GBP/USD to trade in 3-week lows near 1.5230. GBP/USD much weaker post-Carney, BoE The pound has been hammered as the BoE has removed any hopes of an early rate hike at today’s meeting...

AUD/USD advanced to fresh daily high at the beginning of the American session as the greenback weakened somewhat following the release of soft US data...

The US Dollar Index, which tracks the greenback vs. its main rivals, is now trading almost unchanged, retracing the earlier spike to the 98.20 area. US Dollar in 3-month peaks The index is looking to consolidate the recent advance to the 98...

Gold prices recovered losses in the US session after a batch of weak US data, but gains remained muted ahead of Friday’s non-farm payrolls...

GBP is underperforming following the BoE’s Super Thursday (decision/statement/minutes/Inflation Report) with a less hawkish shift hinting to the emergence of a gap between the normalizing Fed and a BoE that appears set to remain on hold for longer than previously expected, said Eric Theoret, FX S...

The upside momentum in the USD/JPY pair stalled at 122.00, making way for a fall back to 100-DMA at 121.76 levels. USD pares gains on uptick in jobless claims The USD pared gains after the last week’s jobless claims in the US printed at 276K compared to the expected print of 262K...

The yellow metal is falling sharply on Wednesday amid a stronger US dollar on rising expectations about a rate hike by the Federal Reserve in December. The ounce broke below yesterday’s lows at $1,114.30 and dropped further. Recently bottomed at $1106.60 hitting the lowest level since October 2...

- EUR/JPY continued to slide during the US session and printed a fresh 6-day low at 131.83. The pair is approaching last week lows that lie at 131.56 and remains under pressure trading below 132.00...

NZD/USD is currently trading at 0.6587 with a high of 0.6669 and a low of 0.6574. NZD/USD has started to stabilize in the vicinity of the 0...

The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar. Prices challenged the 21-period 2-standard deviation upper band by printing outside of its boundaries in the last two days...

GBP/USD short-term technicals remain bearish and GBP risk is elevated over the next hours ahead of BoE ‘Super Thursday’ that includes the policy decision, statement release, minutes, and Quarterly Inflation Report, according to Eric Theoret, FX Strategist at Commerzbank...