FX Analysis
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USD/JPY Price Sees more upside towards 160.70
USD/JPY edges up to near 159.32 as the Japanese Yen trades with caution. Tokyo CPI ex. Fresh Food grew at...
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Trade of The Day: AUD/USD
The AUDUSD exchange rate opened today below the 10- and 30-day exponential moving averages (EMA10 - yellow, EMA30 - light...
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EURUSD Rebounds Following Weak US Data
Weaker US data, in-line inflation, hawkish ECB minutes, and increased Iranian compliance trigger a sharp rebound in the EURUSD pair....
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EUR/JPY Price Forecast: Loses momentum to near 185.00, but bias stays bullish
EUR/JPY weakens to around 185.10 in Thursday’s early European session. The cross keeps the bullish vibe, but further consolidation cannot...
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AUD/USD Price Forecast: On verge of Head and Shoulder breakdown
AUD/USD tumbles to near 0.7100 as the Australian Dollar underperforms due to multiple headwinds. The exchange of attacks between the...
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NZD the strongest currency after a hawkish surprise from the RBNZ
RBNZ: hawkish hold The RBNZ delivered a decision that the market interpreted as a classic “hawkish hold.” The Official Cash...
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Indian Rupee ticks higher as oil prices decline while Iran uncertainty persists
The Indian Rupee ticks higher against the US Dollar as oil prices decline. Iran alleges that the US is violating...
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British Pound remains close to monthly peak vs Japanese Yen amid Mideast tensions
GBP/JPY regains positive traction on Wednesday and draws support from a combination of factors. A modest USD downtick benefits the...
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AUD/NZD Price Forecast: Retreats below 1.2200 on hawkish RBNZ, weak Australian data
AUD/NZD retreats from 1.2286 highs to levels below 1.2200. A hawkish RBNZ and soft Australian CPI figures are hammering the...
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EUR/GBP Price Forecasts: Euro remains on the defensive with 0.8640 capping gains
EUR/GBP bounces up from lows sub 0.8620, but remains capped below 0.8640. Hawkish comments by ECB's Lane have failed to...
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