Currency markets are volatile and unpredictable. We help businesses mitigate risks to their cashflow by providing strategic support and analysis of all the latest trends from around the world.
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Currency List
Non EU
USD
USD
USD
19
Dec
Dec
USD/CAD Price Forecast: Remains broadly sideways below 1.3800
The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by soft United States (US) Consumer Price Index (CPI) data for November. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six […]
19
Dec
Dec
EUR/USD Price Forecast: Tests nine-day support near 1.1700
EUR/USD remains weaker for the fourth consecutive session, trading around 1.1720 during the Asian hours on Friday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains within the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) stands at 62.11, signaling firm positive momentum without overbought pressure. The […]
19
Dec
Dec
Australian Dollar Set for Weekly Decline
The Australian dollar held steady around $0.661, hovering two-week lows and headed for its first weekly decline in a month, as investors awaited the Reserve Bank’s December meeting minutes for clearer guidance on the policy outlook. The minutes, due next week, are expected to provide insight into the board’s discussions on potential future tightening and […]
19
Dec
Dec
Offshore Yuan Weakens, Still Set for 4th Weekly Gain
The offshore yuan weakened to around 7.03 per dollar, retreating from an over one-year high hit in the previous session, dragged down by a weaker-than-expected daily fixing. The People’s Bank of China set the midpoint rate at 7.0550 per dollar, 172 pips weaker than Reuters’ estimate. These soft fixings have persisted since late November, highlighting […]
18
Dec
Dec
Australian Dollar dips as US Dollar strengthens on rate outlook
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day. The AUD/USD pair may gain ground as the Aussie Dollar could receive support from investors’ caution following the release of Australia’s Consumer Inflation Expectations, which rose to 4.7% in December from November’s three-month low of 4.5%, supporting the Reserve […]
18
Dec
Dec
USD/CHF consolidates around 0.7950 as investors await US inflation data
The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US) inflation data for November, which will be published at 13:30 GMT. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six […]
18
Dec
Dec
USD/CAD holds near 1.3800 amid market caution ahead of US CPI data
USD/CAD holds position after registering modest gains in the previous session, trading around 1.3790 during the Asian hours on Thursday. The US Dollar (USD) holds ground from market caution ahead of the release of the delayed US Consumer Price Index (CPI) report due later in the day, which is expected to provide further insight into how […]
18
Dec
Dec
EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD remains flat after two days of small losses, trading around 1.1740 during the Asian hours on Thursday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern. The EUR/USD pair holds above the rising nine- and 50-day Exponential Moving Averages (EMAs), […]
18
Dec
Dec
Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday
The Japanese Yen (JPY) extends its sideways consolidative price move through the Asian session on Thursday as traders opt to move to the sidelines ahead of the key central bank event risk. The Bank of Japan (BoJ) is scheduled to announce its decision at the end of a two-day policy meeting on Friday and is […]
18
Dec
Dec
USD/INR opens flat on hopes of RBI’s follow-through intervention
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Thursday, with the USD/INR pair wobbling around 90.80. Investors anticipated a flat opening amid expectations that the Reserve Bank of India (RBI) could intervene again to support the Indian Rupee. There is a “high probability” that the central bank may step in […]
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