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09
Dec

Australian Dollar jumps after Bullock’s hawkish remarks; seems poised to climb further

The Australian Dollar (AUD) catches fresh bids in reaction to the Reserve Bank of Australia (RBA) Governor Michele Bullock’s remarks during the post-meeting press conference, saying that more rate cuts might not be needed. Bullock added that the board discussed circumstances in which the central bank might have to tighten. This, along with a modest […]

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09
Dec

GBP/USD sticks to modest gains above 1.3300 as dovish Fed outlook weighs on USD

The GBP/USD pair attracts some buyers following the previous day’s two-way directionless price move and holds steady above the 1.3300 mark during the Asian session on Tuesday. Spot prices, however, lack strong follow-through buying as traders opt to wait on the sidelines ahead of this week’s key central bank event risk. The US Federal Reserve (Fed) is […]

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09
Dec

EUR/USD strengthens to near 1.1650 on Fed rate cut bets and strong German data

The EUR/USD pair gains ground to near 1.1645 during the early European session on Tuesday. The prospect of a US interest rate cut on Wednesday weighs on the US Dollar (USD) against the Euro (EUR). Traders will keep an eye on the US ADP Employment Change four-week average and Jolts Job Openings reports for September and October […]

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09
Dec

USD/INR retraces as FIIs selling momentum cools down

The Indian Rupee (INR) bounces back against the US Dollar (USD) on Tuesday. The USD/INR pair falls to near 90.20 amid a slowdown in the pace of foreign outflow from the Indian stock market. Over the last two trading days, overseas investors have pared their stake by an average worth of Rs. 547.25 crore, which is lower than the […]

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08
Dec

EUR/USD – JP Morgan Recommendation

JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry: 1,1666 Target: 1.1800 Stop: 1.1590 JP Morgan recommends taking a long position on EURUSD at 1.1666 with a target of 1.1800 and a stop loss order placed at 1,1590. Source: xStation5 […]

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08
Dec

Won Strengthens on Budget Approval, Policy Optimism

The South Korean won strengthened to around 1,467 per dollar on Monday, recovering from multi-month lows as sentiment was bolstered by recent domestic developments. Finance Minister Koo Yun-cheol highlighted that, following the budget’s approval, government ministries are initiating measures to reinforce economic growth. Last week, the National Assembly ratified the 2026 government budget at KRW […]

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08
Dec

Offshore Yuan Steady After Trade Data

The offshore yuan steadied around 7.06 per dollar on Monday, with market sentiment remaining subdued amid strong foreign demand and weak domestic activity. Exports rose 5.9% year-on-year to USD 330.3 billion in November 2025, surpassing expectations and rebounding from the previous month, supported by eased trade tensions with the US. Imports, however, increased only 1.9% […]

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05
Dec

Trade of The Day – EUR/USD

Facts: Trade: LONG EURUSD at market price EURUSD (D1) Source: xStation5 Opinion: The Euro has strengthened against the dollar over the past year. This is a culmination of the dovish policy of the FED compared to the ECB. The market has already priced in at least 2-3 cuts of 25 basis points, but investors may […]

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04
Dec

Trade of The Day – GBP/USD

Facts:The price broke above key resistance at 1.3212GBPSUD invalidated 1:1 structureThe price sits above the 100-period moving average from D1 interval Recommendation: Trade: Long position on GBPUSD at market priceTarget: 1.3513, 1.3640Stop: 1.3180 Opinion: GBPUSD has been trading in a downward trend recently. Looking at the D1 interval, one can see that the recent downward move might […]

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