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Trade of the day: GBPUSD
CH Fx Portfolios Technical Analysis USD

Trade of the day: GBPUSD

Facts: The pair bounced off the lower limit of 1:1 structure at 1.3500 Main trend on the pair remains upward...
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EUR/USD Price Forecast: Remains above 1.1700 near 50-day EMA
EUR Portfolios Technical Analysis USD

EUR/USD Price Forecast: Remains above 1.1700 near 50-day EMA

EUR/USD may test the primary resistance at the nine-day EMA of 1.1730 The 14-day Relative Strength Index is near 50,...
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British Pound hovers ahead of UK GDP data, awaits Trump-Xi meeting updates
GBP USD

British Pound hovers ahead of UK GDP data, awaits Trump-Xi meeting updates

GBP/USD steadies as traders await preliminary Q1 UK Gross Domestic Product data due on Thursday. Traders also await further news...
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Australian Dollar weakens to near 0.7250, Trumpโ€“Xi talks in focus
AUD USD

Australian Dollar weakens to near 0.7250, Trumpโ€“Xi talks in focus

AUD/USD softens to around 0.7250 in Thursdayโ€™s Asian session.  US producer prices surprise with the largest rise in four years. ...
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Japanese Yen holds steady ahead of Trumpโ€“Xi summit, US Retail Sales data
JPY USD

Japanese Yen holds steady ahead of Trumpโ€“Xi summit, US Retail Sales data

USD/JPY flat lines around 157.85 in Thursdayโ€™s early Asian session.  US inflation came in hotter than expected, with the PPI...
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Canadian Dollar moves little as traders adopt caution ahead of US-China summit
CAD USD

Canadian Dollar moves little as traders adopt caution ahead of US-China summit

USD/CAD remains steady as traders await the high-stakes Trump-Xi summit. Trump and Xi may lower tariffs on $30 billion of...
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Offshore Yuan Holds Firm on Trump-Xi Summit
CNH USD

Offshore Yuan Holds Firm on Trump-Xi Summit

The offshore yuan traded around 6.78 per dollar, holding near its strongest level since February 2023 as investors closely watched...
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GBP/USD Forecast – Holds modest upside while staying anchored above 100-day EMA support
GBP Portfolios Technical Analysis USD

GBP/USD Forecast – Holds modest upside while staying anchored above 100-day EMA support

GBP/USD trades with mild gains near 1.3550 in Wednesdayโ€™s early European session.  The positive outlook of the pair remains intact...
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EUR/USD Forecast – Consolidates below mid-1.1700s as Iran risks, Fed bets support USD
EUR Portfolios Technical Analysis USD

EUR/USD Forecast – Consolidates below mid-1.1700s as Iran risks, Fed bets support USD

EUR/USD struggles to gain any meaningful traction as a combination of factors supports the USD. Fed rate hike bets and...
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Swiss Franc steadies above 0.7800 as traders brace for US PPI data
CHF USD

Swiss Franc steadies above 0.7800 as traders brace for US PPI data

USD/CHF flat lines near 0.7805 in Wednesdayโ€™s early European session.  Chinese and US leaders will hold talks in Seoul ahead...
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AUD/USD – Holds steady below mid-0.7200s as bulls await Trump-Xi summit
AUD Technical Analysis USD

AUD/USD – Holds steady below mid-0.7200s as bulls await Trump-Xi summit

AUD/USD remains on the back foot for the second straight day amid a bullish US Dollar. The lack of follow-through...
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EUR moves little against JPY as risk aversion increases
EUR JPY

EUR moves little against JPY as risk aversion increases

EUR/JPY remains steady as the Euro declines, offsetting Yen weakness. The OECD projects the Bank of Japan will increase short-term...
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