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Japanese Yen moves little after reaching six-week lows
JPY USD

Japanese Yen moves little after reaching six-week lows

USD/JPY flatlines near a six-week high of 160.56 following suspected foreign-exchange intervention by Japanese authorities. Finance Minister Satsuki Katayama stated...
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Swiss Franc strengthens as US Dollar struggles despite increased risk aversion
CHF USD

Swiss Franc strengthens as US Dollar struggles despite increased risk aversion

USD/CHF may rebound as the US Dollar may regain ground on safe-haven demand from ongoing Middle East conflicts.Israelโ€™s Home Front...
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Indian Rupee flattens while flaring US-Iran tensions dampen outlook
INR Technical Analysis USD

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 Technical Analysis

EUR/JPY Price – Strengthens above 185.00, while bullish trend eyes consolidation

EUR/JPY gains ground to around 185.20 in Wednesdayโ€™s early European session. Likelihood of hawkish stance hikes from the ECB supports the...
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Japanese Yen languishes despite wholesale inflation accelerates in May
JPY USD

Japanese Yen languishes despite wholesale inflation accelerates in May

USD/JPY steadies as the Japanese Yen receives no support after May wholesale inflation rose to a three-year high of 6.3%....
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USD/CNH Price Forecast: More downside likely below 6.7500
CNH Technical Analysis USD

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. Chinaโ€™s CPI remains steady at 1.2% YoY...
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British Pound gains ground to near 1.3400 ahead of US CPI release
GBP USD

British Pound gains ground to near 1.3400 ahead of US CPI release

GBP/USD gains traction to near 1.3390 in Wednesdayโ€™s early European session.  Iranian officials warned Gulf states have a โ€œlegal and...
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Offshore Yuan Remains Firm
CNH USD

Offshore Yuan Remains Firm

The offshore yuan firmed to around 6.77 per dollar on Wednesday as investors assessed the latest inflation data and their...
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Euro: Safe haven appeal grows with structural boosters โ€“ BNP Paribas
EUR

Euro: Safe haven appeal grows with structural boosters โ€“ BNP Paribas

BNP Paribas strategists argue that Europe is emerging as an alternativeย safe haven, with the Euro gaining ground as a global...
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Chart of The Day – USD/NOK
Forex Portfolios Technical Analysis Wealth

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 Portfolios Technical Analysis USD

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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Japanese Yen: May weaken toward 160.75 against US Dollar โ€“ UOB
JPY

Japanese Yen: May weaken toward 160.75 against US Dollar โ€“ UOB

UOBโ€™s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief...
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