FX Analysis
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GBP/USD Price Forecast: Eyes 1.3400 amid modest USD weakness; remains below weekly top
GBP/USD gains some positive traction as easing inflationary concerns weigh on the USD. Fed rate hike bets and rising US-Iran...
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Indian Rupee slumps as oil price surges amid fears of US-Iran ceasefire collapse
The Indian Rupee faces intense selling pressure against the US Dollar due to a strong recovery in oil prices. FIIs...
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United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
DXY struggles to capitalize on the overnight bounce from the vicinity of the weekly low. Fed rate hike bets and...
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AUD/JPY Price Forecast: Gains ground to near 112.50, uptrend holds above 100-day SMA
AUD/JPY drifts higher to around 112.40 in Thursday’s early European session. Broader positive outlook prevails above the 100-day SMA, but...
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Indian Rupee flattens while flaring US-Iran tensions dampen outlook
The Indian Rupee trades calmly at open against the US Dollar; however, the outlook has become uncertain. The exchange of...
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EUR/JPY Price – Strengthens above 185.00, while bullish trend eyes consolidation
EUR/JPY gains ground to around 185.20 in Wednesday’s early European session. Likelihood of hawkish stance hikes from the ECB supports the...
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USD/CNH Price Forecast: More downside likely below 6.7500
USD/CNH trades marginally lower to near 6.7750 as the US Dollar edges down. China’s CPI remains steady at 1.2% YoY...
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Chart of The Day – USD/NOK
Monday's rise in energy commodity prices proved short-lived, weighing further on the Norwegian currency. The USDNOK pair is approaching the...
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GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
GBP/USD rises to near 1.3375 as the US Dollar corrects sharply. US President Trump sees a total victory over Iran...
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Why is the British Pound struggling when the BoE is considering rate hikes?
The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom's outlook. Ahead of the key...
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