Forex

USD/CHF gains traction above 0.8250 as traders await FOMC Minutes

USD/CHF climbs to around 0.8285 in Wednesday’s early European session, bolstered by a modest rebound in the US Dollar. US…

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Trade of The Day – GBP/USD

Facts:GBPUSD broke below the lower limit of 1:1 structure at 1.3483The pair is trading below 100-period moving average from H1…

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USD/CAD climbs to fresh weekly top, closer to mid-1.3800s ahead of FOMC minutes

USD/CAD gains positive traction for the third straight day amid modest USD strength. US fiscal concerns and Fed rate cut…

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EUR/JPY Breaks below 163.50, support appears near nine-day EMA

EUR/JPY could target a six-month high of 165.21 once it returns to the ascending channel. The 14-day RSI moves above…

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JPY remains on the back foot against mildly positive USD

The Japanese Yen attracts some intraday sellers on Wednesday, though it lacks follow-through. Reports that Japan will take action to…

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NZD/USD surges above 0.5950 after RBNZ’s policy decision

NZD/USD appreciates as the RBNZ lowered its Official Cash Rate by 25 basis points, as expected. RBNZ’s Hawkesby noted that…

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GBP/USD Keeps bullish vibe, first upside target emerges above 1.3550

GBP/USD weakens to near 1.3480 in Wednesday’s early Asian session. The positive view of the pair prevails above the key…

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AUD remains tepid as US Dollar rises ahead of FOMC Meeting Minutes

The Australian Dollar depreciates as the US Dollar extends its gains on Wednesday. Australia’s Monthly Consumer Price Index remained steady…

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USD/INR climbs on MSCI-driven outflows, FOMC Minutes eyed

Indian Rupee edges lower in Wednesday’s early European session. MSCI-driven outflows weigh on the INR, but lower crude oil prices…

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EUR/USD falls toward 1.1300 as bond market optimism outweighs impact of US-EU tariff delay

EUR/USD depreciates as the US Dollar strengthens, as US yields weaken due to Japan’s potential cuts in government debt issuance.…

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