All posts by FX Street


Gold on back foot as the US inflation concerns ease

Gold is under pressure on the reduced concern of the US inflation. Lower physical demand from India and China is also affecting gold. Gold is trading around $1330, in New York session, edging down by 0.18% on the reduced concerns about the US inflation and


GBP/USD calm but drooping lower as Europe approaches

GBP/USD down slightly in Tokyo. Brexit infighting continuing to erode Sterling support. GBP/USD is down softly through Asia, heading into the European session trading very close to 1.3930. The Sterling gained on Thursday as the Dollar tumbled following a decline in bond yields. The US


NZD/USD breaks through 0.73 handle ahead of European markets

NZD/USD resuming the slide after erasing Thursday’s gains. Data disappointments, new RBNZ governor keeping Kiwi down. NZD/USD has dropped ahead of the European markets, testing below 0.7300 as Dollar bidding returns in Tokyo trading. The Kiwi remains in a weak position having declined for several


USD/JPY pushing for 107.00 as Dollar bid returns

Dollar buying is back Friday after a decline. BoJ, inflation keeping the Yen subdued for now. USD/JPY is trading on the high side heading into European markets, testing into the 107.00 major level as of writing. Inflation is on the rise in Japan, and following


GBP/JPY consolidating on the low side heading into Europe markets

GBP/JPY treading water within Thursday’s range. Brexit, BOJ driving respective currencies from new highs. GBP/JPY is trading sideways with European markets rounding the corner, testing into 149.60. The Sterling fell in Thursday trading and has failed to make any new territory after bouncing from yesterday’s


NZD/USD turns lower despite Sales beat, approaching 0.73

NZD/USD lower despite upside retail sales beat. Kiwi caught in a bearish spiral as economy muddles. NZD/USD is softening in Tokyo trading, currently testing around 0.7310 as of writing.  Market sentiment was the main driver for movement heading into the Friday session, and with little