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Chart of The Day – EUR/USD Deepens Decline. What’s Next For The Pair?
The U.S. dollar has strengthened significantly in recent days, and hawkish revisions to Federal Reserve projections have become the primary...
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USD/JPY Price – Range tightens further at around 161.60
USD/JPY consolidates around 161.60 as hawkish BoJ supporting Japanese Yen counters outperforming the US Dollar. One BoJ member expects interest...
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EUR/GBP Price – Testing 10-month lows at 0.8611 in risk-off markets
EUR/GBP depreciates 0.6% so far this week to test 10-month lows in the 0.8610 area. A tech rout in stock...
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Offshore Yuan Hits 1-Month Low
The offshore yuan depreciated to around 6.80 per dollar on Wednesday, hitting its lowest level in a month, as a...
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Indian Rupee Slides to One-Week Low
The Indian rupee fell to around 94.8 per dollar, retreating after a brief stabilization as renewed strength in the greenback...
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New Zealand Dollar weakens as US Dollar rises on Middle East risks, firm US data
NZD/USD weakens as a complex Middle East situation sparks risk aversion. Trump claimed Iran agreed to nuclear inspections, but Iran...
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Australian Dollar bulls seem hesitant on mixed CPI data; hangs near April lows vs USD
AUD/USD edges higher following the release of Australian consumer inflation figures for May. Bulls, however, seem hesitant amid expectations that...
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Australian Dollar steadies vs Japanese Yen as CPI cools, BoJ hawks
AUD/JPY experiences volatility amid cooling Australian inflation. Australia's annual CPI rose 4.0% while monthly prices fell 0.7%, both slowing much...
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Canadian Dollar strengthens despite hawkish Fed expectations
USD/CAD softesn to near 1.4205 in Wednesdayโs Asian session. Iranโs Pezeshkian said no negotiation on ballistic missiles. Traders raise their...
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Swiss Franc slips to seven-month lows ahead of ZEW Survey Expectations
USD/CHF reached a seven-month high of 0.8107 on Wednesday. The US Dollar rises due to robust domestic economic data alongside...
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Dollar Holds Firm on Rate Hike Expectations
The dollar index hovered around 101.4 on Wednesday, trading at its highest level in more than a year as expectations...
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Trade of The Day – GBP/USD
Facts: GBPUSD bounced off the resistance area near 1.3260 The pair is trading below 100-period moving average from H1 interval...
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