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New Zealand Dollar remains depressed against firmer USD; hawkish RBNZ limits losses
NZD Portfolios USD

New Zealand Dollar remains depressed against firmer USD; hawkish RBNZ limits losses

NZD/USD attracts some sellers for the second straight day amid a modest USD strength. Geopolitical uncertainties and rising Fed rate...
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Swiss Franc remains calm ahead of Trade Balance data
CHF Portfolios USD

Swiss Franc remains calm ahead of Trade Balance data

USD/CHF stabilizes as the US Dollar gains safe-haven support following reports that Iran halted indirect negotiations with America. The Greenback...
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AUD/JPY Price Forecast: Strengthens above 114.00, bullish bias holds above key technical support
AUD JPY Portfolios Technical Analysis

AUD/JPY Price Forecast: Strengthens above 114.00, bullish bias holds above key technical support

AUD/JPY gathers strength to near 114.35 in Tuesdayโ€™s early European session. The constructive outlook for the cross prevails above the...
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Offshore Yuan Remains at Multi-Year High
CNH Portfolios

Offshore Yuan Remains at Multi-Year High

The offshore yuan strengthened to around 6.76 per dollar on Tuesday, holding near its strongest level since February 2023, as...
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NZD/USD – Kiwi corrects lower and tests support at 0.5965
NZD Portfolios Technical Analysis USD

NZD/USD – Kiwi corrects lower and tests support at 0.5965

NZD/USD pulls back to 0.5965 after rejection at the 0.6000 area. Fresh US-Iran hostilities are casting doubt about a fragile...
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Euro holds losses against British Pound after Germanyโ€™s Retail Sales data
EUR GBP

Euro holds losses against British Pound after Germanyโ€™s Retail Sales data

EUR/GBP softens to around 0.8655 in Mondayโ€™s early European session.  German Retail Sales declined by 0.3% MoM in April.  BoEโ€™s...
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USD/JPY Price Forecast: Yen languishes amid growing BoJ rate hike uncertainty
JPY Portfolios Technical Analysis USD

USD/JPY Price Forecast: Yen languishes amid growing BoJ rate hike uncertainty

USD/JPY rises to near 159.45 as BoJ rate hike uncertainty weakens Japanese Yen. The BoJ SoP of the April meeting...
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Indian Rupee extends gains at the start of RBI policy week
INR Technical Analysis USD

Indian Rupee extends gains at the start of RBI policy week

The Indian Rupee rises at open against the US Dollar at the start of the RBI policy and the US...
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GBP/USD Consolidates around mid-1.3400s amid firm USD, cautious setup
GBP Technical Analysis USD Wealth

GBP/USD Consolidates around mid-1.3400s amid firm USD, cautious setup

GBP/USD lacks any firm intraday directional bias and oscillates in a narrow range on Monday. Geopolitical uncertainties and hawkish Fed...
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EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00
EUR JPY Portfolios Technical Analysis

EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00

EUR/JPY may retest the upper boundary of the descending channel around 186.00. The 14-day Relative Strength Index of 57 suggests...
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CAD weakens as firmer USD counter recovering Oil prices
CAD Portfolios

CAD weakens as firmer USD counter recovering Oil prices

USD/CAD gains positive traction for the second straight day amid a pickup in the USD demand. Geopolitical uncertainty and hawkish...
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Swiss Franc weakens ahead of Q1 GDP data release
CHF

Swiss Franc weakens ahead of Q1 GDP data release

USD/CHF rises as the Swiss Franc weakens ahead of key Swiss Retail, GDP, and PMI data. The US Dollar strengthens...
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