Octavia

The Japanese Yen struggles to register any recovery amid dovish BoJ expectations. The lack of action by Japanese authorities and softer Tokyo CPI also exert pressure. Traders keenly await the crucial BoJ decision ahead of the US PCE Price Index data. The Japanese Yen (JPY) languishes near a multi-de

The Australian Dollar gains ground as the stronger CPI enhances hawkish sentiment regarding the RBA monetary policy stance. The Australian Dollar strengthens in response to the higher 10-year yield on Australian government bonds. The gains in US Treasury yields could limit the losses of the US Dolla

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from global markets overnight, on easing fears of a wider Middle East conflict after Iran an

Markets are pricing out some geopolitical risk and sentiment is looking supported at the start of this week. In the coming days, data should regain its role as the main market driver; US GDP and PCE may come in relatively strong and prevent dollar momentum from softening much. We’ll see whether Japa

USD/CHF holds positive ground near 0.9115 in Monday’s early Asian session. Many Fed officials prefer to wait longer than previously anticipated to cut rates amid the elevated inflation, lifting the Greenback. SNB Chairman Thomas Jordan said monetary policy should remain focused on price stability. T

The Euro remains contained above 1.0600 support yet with bullish attempts capped below 1.0690 The broader bias remains unchanged, with the pair on a bearish trend from early March highs near 1.1000. The diverging ECB - Fed monetary policy outlook is expected to keep the pair under pressure. Euro bea

The New Zealand dollar has bounced back with strong gains on Wednesday, ending a nasty slide of 3.4% which started last week. In the North American session, NZD/USD is trading at 0.5907, up 0.45%. New Zealand inflation falls less than expected New Zealand’s CPI continued to ease in the first quarter