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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 Germany’s Retail Sales data
EUR/GBP softens to around 0.8655 in Monday’s early European session. German Retail Sales declined by 0.3% MoM in April. BoE’s...
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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
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/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 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
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
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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EUR/USD Price Forecast: Starts the US NFP week cautiously
EUR/USD edges down to near 1.1645 as the US Dollar trades slightly higher. This week, major triggers will be the...
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Yen Stays Weak Near Key Intervention Threshold
The Japanese yen traded around 159.5 per dollar on Monday, remaining under pressure and hovering near the closely watched 160...
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Offshore Yuan Retreats from Over 3-Year High
The offshore yuan edged lower to around 6.76 per dollar on Monday, retreating from a more than three-year high reached...
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Indian Rupee Rises to 3-Week High
The Indian rupee strengthened to around 94.7 per dollar, reaching three-week highs as sustained intervention by the Reserve Bank of...
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