AUD/USD pares the weekly gains as markets brace for US employment data for August on early Friday. In doing so, the Aussie pair not only portrays the cautious mood ahead of the key data/events but also justifies the bearish MACD signals. With this, the AUD/USD pair is likely to extend the latest weakness towards paring the first […]

USD/INR prints a two-day losing streak around 82.60, down 0.15% intraday, as market players brace for the all-important US employment report on Friday. It’s worth noting that the upbeat India growth figures join China-inspired optimism in the Asia-Pacific zone to exert downside pressure on the Indian Rupee (INR) pair ahead of the key US Nonfarm Payrolls (NFP). […]

EUR/USD remains depressed around 1.0845 as traders brace for the top-tier US employment details on early Friday. In doing so, the Euro pair struggles for clear directions after declining the most in five weeks the previous day. That said, Eurozone inflation data came in mostly positive the previous day but the comparative stance on a four-month basis […]

The USD/JPY pair attracts some sellers during the early European session on Thursday. The major currently trades around 145.90, losing 0.23% on the day. Markets turn cautious ahead of the release of the US Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve (Fed) preferred gauge of inflation.  Furthermore, Bank of Japan (BoJ) Board member Toyoaki […]