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Australian Dollar remains stronger following Chinaโ€™s RatingDog Manufacturing PMI data
AUD USD

Australian Dollar remains stronger following Chinaโ€™s RatingDog Manufacturing PMI data

The Australian Dollar remains strong despite Chinaโ€™s manufacturing PMI easing to 50.9 in July. The US Dollar faces pressure following...
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Japan’s Katayama says no comment on whether there was FX intervention on Monday
JPY USD

Japan’s Katayama says no comment on whether there was FX intervention on Monday

Japan's Finance Minister Satsuki Katayama said on Monday that she has no comment on whether there was foreign exchange (FX)...
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British Pound struggles despite easing risk aversion
GBP USD

British Pound struggles despite easing risk aversion

GBP/USD drops despite a weaker US Dollar as Trump's paused strikes boosted US-Iran diplomatic hopes. President Trump stated Middle Eastern...
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Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes
CAD USD

Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes

USD/CAD attracts some buyers, albeit it lacks follow-through amid a combination of diverging forces. A slump in oil prices undermines...
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Yen Extends Rally as Japan Confirms Intervention
JPY USD

Yen Extends Rally as Japan Confirms Intervention

The Japanese yen strengthened toward 155 per dollar on Monday, bringing its gains to about 5% over three sessions, after...
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Australian Dollar Near 7-Week High
AUD USD

Australian Dollar Near 7-Week High

The Australian dollar rose above $0.70, approaching a seven-week high, supported by broad weakness in the US dollar and hopes...
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New Zealand Dollar Rises to 2-Month High
NZD USD

New Zealand Dollar Rises to 2-Month High

The New Zealand dollar rose to around $0.589 on the first trading day of August, reaching a two-month high, as...
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Chart of The Day – EUR/USD after the Fed meeting. The market scales back rate hike expectations
EUR Portfolios Technical Analysis USD

Chart of The Day – EUR/USD after the Fed meeting. The market scales back rate hike expectations

Fridayโ€™s session on EURUSD is focused on the marketโ€™s continued assessment of Wednesdayโ€™s Federal Reserve meeting and the latest macroeconomic...
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GBP/USD Price Forecast: Weakens below 1.3450 while technical uptrend stays intact
GBP Portfolios Technical Analysis USD

GBP/USD Price Forecast: Weakens below 1.3450 while technical uptrend stays intact

GBP/USD loses momentum to near 1.3445 in Fridayโ€™s early European session.  Iranian official said the US will 'pay the price'...
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EUR/GBP Price Forecast: Euro is testing trendline support at 0.8555
EUR GBP Technical Analysis

EUR/GBP Price Forecast: Euro is testing trendline support at 0.8555

EUR/GBP stalls at 0.8555 after pulling back from four-week highs at 0.8585. A divided BoE and Governor Bailey's comments hinting...
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Canadian Dollar retreats on sliding oil prices as USD recovers on Fed bets, Mideast risks
CAD USD

Canadian Dollar retreats on sliding oil prices as USD recovers on Fed bets, Mideast risks

USD/CAD attracts some buyers amid a goodish USD recovery from the lowest level since June 17. Escalating US-Iran tensions keep...
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Euro rallies further above 185.00 against Japanese Yen after BoJโ€™s policy decision
EUR JPY

Euro rallies further above 185.00 against Japanese Yen after BoJโ€™s policy decision

The Euro surges further against the Japanese Yen to near 185.20 after the BoJ leaves interest rates unchanged at 1%....
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