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Forex
Forex

Forex

02
Jan

EUR/USD Price Forecast: Keeps bullish vibe, first upside barrier emerges above 1.1800

The EUR/USD pair trades in positive territory around 1.1755 during the early European trading hours on Friday. The European Central Bank (ECB) kept rates unchanged at its December policy meeting, and its outlook suggested less urgency for further cuts, which has provided some support to the Euro (EUR) against the US Dollar (USD).  ECB President Christine Lagarde emphasized a data-dependent, “meeting-by-meeting” […]

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02
Jan

USD/CHF holds losses near 0.7900 amid dovish tone surrounding Fed outlook

USD/CHF loses ground as the US Dollar (USD) weakens over expectations of two more Federal Reserve rate cuts in 2026. The pair is trading around 0.7920 during the Asian hours on Friday. The Fed delivered a 25-basis-point (bps) interest rate cut at the December 2025 meeting, bringing the target range to 3.50%–3.75%. The US central bank reduced […]

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02
Jan

EUR/USD edges above 1.1750 due to ECB-Fed policy divergence

EUR/USD has recovered its recent losses registered in the previous session, trading around 1.1760 during the Asian hours on Friday. Traders will likely observe Germany’s Manufacturing Purchasing Managers’ Index (PMI) data later in the day. The Euro (EUR) is finding support against the US Dollar (USD) as monetary policy paths diverge between the European Central […]

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02
Jan

GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE’s gradual policy path

The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President Anna Paulson is set to speak later on the weekend.  The Greenback ended 2025 with the sharpest annual […]

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02
Jan

USD/CAD falls to near 1.3700 due to Fed rate cut bets, higher Oil prices

USD/CAD pares recent gains from the previous session, trading around 1.3710 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his […]

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02
Jan

NZD/USD rebounds above 0.5750 as traders expect more Fed rate cuts

NZD/USD halts its five-day losing streak, trading around 0.5760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his term […]

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02
Jan

Australian Dollar Starts 2026 Strong

The Australian dollar appreciated to around $0.669 on Friday, trading near 14-month highs to kick off the new year positively as investors await next week’s monthly inflation data, which could influence the RBA’s policy stance following its hint at a possible rate hike this year. The central bank’s December meeting minutes showed policymakers are prepared […]

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02
Jan

Japanese Yen Stabilizes

The Japanese yen stabilized around 156.6 per dollar on Friday after two consecutive sessions of losses, though it remained near ten-month lows, intensifying calls for intervention. Tokyo’s verbal warnings last month briefly kept the yen out of the intervention zone, with Finance Minister Katayama emphasizing Japan’s freedom to act against excessive moves, though worries over […]

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31
Dec

USD/JPY rises to near 156.60 as US Dollar Index refreshes weekly high

The USD/JPY pair trades 0.2% higher to near 156.60 during the late Asian trading session on Wednesday. The pair gains as the US Dollar (USD) trades higher, following the release of the Federal Open Market Committee (FOMC) minutes of the December policy meeting showed on Tuesday. At the press time, the US Dollar Index (DXY), […]

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31
Dec

GBP/USD Price Tests 1.3450 support after moving below nine-day EMA

GBP/USD remains subdued for the second consecutive day, trading around 1.3460 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a weakening of a bullish bias as the pair is positioned slightly below the lower boundary of the ascending channel pattern. The nine-day Exponential Moving Average (EMA) trends above the […]

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