News & Analytics

Following the RBA's 25 basis point rate cut and bond purchase target, mostly known as the quantitative easing (QE), AUD/USD dropped to the fresh low since late-2002. The reason could also be traced fr

Following its sustained break beyond 23.6% Fibonacci retracement of a sharp rise during 2015, the USDCAD seesaws near three-year high ahead of the key Canadian inflation data. While overbought RSI rai

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With the expectations of another heavy stimulus announcement from the UK Chancellor Rishi Sunak, GBP/USD traders await fresh details to justify the oversold RSI. Should the pair fails to slip below 1.

While the Fed's surprise rate cut and the QE dragged the USDJPY back to 10-day SMA, BOJ's inaction, except for increasing the ETF buying, failed to fetch the quote further down. That said, the USDJPY