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EUR/USD Price Forecast: Bears retain control below 200-SMA on H4; break of 1.1400 awaited
EUR/USD struggles to gain any meaningful traction as traders keenly await the crucial ECB meeting. Reviving inflation fears bolster Fed...
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AUD/JPY Price Forecast: Gains ground above 113.50, bullish trend holds above 100-day SMA
AUD/JPY gains traction to near 113.85 in Tuesdayโs early European session. The cross maintains a constructive tone above the 100-day...
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USD/CAD Price Forecast: Intraday positive move stalls ahead of 1.4100 confluence hurdle
USD/CAD builds on the previous dayโs solid recovery from an over one-month trough. The fundamental backdrop favors bullish traders and...
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British Pound struggles as traders evaluate BoE policy, UK political developments
GBP/USD could further depreciate amid differing inflation trends and rate expectations between the BoE and Fed. Markets are monitoring fiscal...
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Australian Dollar strengthens above 0.7000 despite rising US-Iran tensions
AUD/USD gains ground to around 0.7010 in Tuesdayโs Asian session. The US launches further strikes on Iran. The RBA is...
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Swiss Franc weakens as safe-haven demand lifts US Dollar
USD/CHF as safe-haven dollar demand grew amid US-Iran tensions. The CME FedWatch Tool shows September Fed rate hike odds rose...
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Chart of the Day: USDJPY โ The Dollar Wins Another Round, but Tokyo Is Preparing a Response
The USDJPY market currently resembles another round of a fight between two heavyweight contenders. On one side stands the dollar,...
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South Korean Won Rises on Policy Support
The South Korean won strengthened to around 1,480 per dollar, rebounding from the previous session and approaching its highest level...
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Rupee Falls to 2-Month Low on Oil Surge
The Indian rupee fell to around 96.4 per dollar, reaching its lowest level since May as sentiment deteriorated after escalating...
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GBP holds steady near 1.3450 as US-Iran strikes intensify
GBP/USD flatlines near 1.3450 in Mondayโs early Asian session. The US launched a new wave of Iran strikes on Sunday,...
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Japanese Yen hangs near four-decade low as bears turn cautious amid intervention risks
USD/JPY struggles to gain any meaningful traction amid mixed fundamental cues. Intervention risks hold back the JPY bears from placing...
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Canadian Dollar edges higher to near 1.4000 as crude oil gains
USD/CAD declines to around 1.4005 in Mondayโs Asian session. Iran said it targeted US aircraft in Jordan. Cooling in Juneโs...
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