Forex

USD/CAD Price Forecast: Sees a sizeable downside below 1.3500

USD/CAD faces selling pressure as the US Dollar underperforms in the aftermath of the US NFP data. Private sector hiring…

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The AUD remains subdued due to lacking clarity on Trump’s tariff plans

The Australian Dollar declines against the US Dollar as solid US labor market data weaken hopes of Fed rate cuts.…

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USD/CAD struggles below 1.3600, over two-week low; bears not ready to give up yet

USD/CAD struggles to register any meaningful recovery and hangs near a multi-week low. US fiscal concerns cap the post-NFP USD…

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NZD/USD moves little around 0.6050 as traders seek clarity on Trump’s plans for tariffs

NZD/USD faces challenges as concerns over weakening oil demand rise amid decreasing odds of Fed rate cuts. The US NFP…

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EUR/USD wobbles around 1.1760 amid holiday in US on account of Independence Day

EUR/USD trades sideways around 1.1760 in a holiday-thinned trade. Better-than-projected US NFP data has offered some relief to the US…

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GBP/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans

GBP/USD moves little as traders remain cautious amid increasing uncertainty surrounding Trump’s plans for tariffs. Trump said that he will…

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The Yen adds to modest intraday gains; USD/JPY slides below mid-144.00 amid softer USD

The Japanese Yen attracts buyers as the upbeat data reaffirms BoJ rate hike bets. US fiscal concerns undermine the USD…

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Chart of The Day – USD/IDX

The U.S. Dollar Index has had a rough six months. It is down about 11.4% on a total-return basis, marking its…

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Offshore Yuan Steady After PMI Data

The offshore yuan steadied around 7.16 per dollar on Thursday as investors digested the latest PMI data. The Caixin China…

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USD/CHF holds losses near 0.7900 ahead of Swiss CPI data

USD/CHF moves little as traders adopt caution ahead of Swiss Consumer Price Index data. SNB officials indicated that interest rates…

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