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New Zealand Dollar firms on upbeat China PMI; snaps two day losing streak vs USD
NZD/USD attracts some buyers on Wednesday amid a combination of supporting factors. Chinaโs upbeat Services PMI and RBNZโs hawkish shift...
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GBP steadies as increased risk aversion offsets hawkish BoE tone
GBP/USD stays calm as a firm US Dollar draws safe-haven support from stalled US-Iran peace talks and Middle East tensions....
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Canadian Dollar weakens despite higher oil prices
USD/CAD gains as market risk aversion leaves the Canadian Dollar flat, failing to capitalize on rising crude oil prices. WTI...
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Offshore Yuan Retreats on Mixed PMI Data
The offshore yuan weakened to 6.76 per dollar on Wednesday, retreating from a more than three-year high reached in the...
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Technical Analysis – EUR/USD calm despite “hotter” core CPI data from Eurozone
The EUR/USD pair failed to rally despite stronger-than-expected Eurozone inflation data, suggesting that investors remain cautious about the euro's strength...
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Euro consolidates losses against the British Pound despite high inflation figures
EUR/GBP inches up from 0.8639 lows but remains capped below 0.8650 on Tuesday. The Euro has been little moved by...
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Euro Little-Changed as Investors Assess Inflation Data
The euro held near $1.165 as investors processed mixed signals from Eurozone inflation data and the Middle East conflict. Euro-area...
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British Pound nudges higher as traders await progress on Middle East peace talks
GBP/USD posts modest gains near 1.3460 in Tuesdayโs Asian session.ย The potential upside for the pair might be limited as...
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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
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 gathers strength to near 114.35 in Tuesdayโs early European session. The constructive outlook for the cross prevails above the...
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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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