Analysis

The USD/CAD pair remains on the defensive around 1.3655 during the early Asian session on Tuesday.

Fed news cycle to dominate market attention as policymakers caution restraint.

The expectation the RBNZ will cut rates earlier than projected exerts some selling pressure on the Kiwi. 

The pair keeps the negative vibe below the key 100-period EMA, with the bearish RSI indicator. 

The Swiss Franc may further struggle as the SNB is expected to implement another rate cut in September.

The RBA Governor Michele Bullock said during her latest press conference that the Board discussed potential rate hikes, dismissing considerations of rate c

The Japanese Yen (JPY) may continue its losing streak for the eighth consecutive session on Monday.

Key resistance at 160.00 and YTD high of 160.32; potential for Bank of Japan intervention looms.

GBP traders buckle down for a long wait to next Friday’s GDP.

NZD/USD outlook continues to skew bearish as bulls fail to maintain upward traction.

The AUD/USD pair trades in negative territory for the third consecutive day around 0.6640 during the early Asian session on Monday.

USD/CAD witnesses buying interest below 1.3700 as the US Dollar rises further.

The Pound Sterling (GBP) edges higher in Friday’s London session as the United Kingdom (UK) Office for National Statistics (ONS) has reported stronger-than

US PMIs to wrap up the trading week, expected to tick lower.

September Fed rate cut bets cap gains for the USD and the pair amid intervention fears.

GBP/USD struggles to register any meaningful recovery and hangs near a one-month trough.

The Australian Dollar (AUD) trades with mild gains in Thursday’s early Asian session.

The Australian Dollar (AUD) trades in positive territory for the third consecutive day on Thursday.

Fed rate-cut uncertainty keeps the USD bulls on the defensive and cap gains for the major.

The USD draws support from rebounding US bond yields and exerts pressure on the major.