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Pound Slumps Over 1% in May
GBP USD

Pound Slumps Over 1% in May

The pound was trading around $1.342 at the end of May, set for a monthly loss of over 1% against...
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Chart of The Day – EUR/USD Awaits Germany CPI Reacting to Possible ECB Policy Change
EUR Portfolios Technical Analysis USD Wealth

Chart of The Day – EUR/USD Awaits Germany CPI Reacting to Possible ECB Policy Change

g toward EURUSD. If the ECB ultimately decides to raise rates, the euro could benefit in the short term, although...
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Euro weakens below 1.1650 as Trump yet to comment on 60-day truce extension plan
EUR Portfolios USD

Euro weakens below 1.1650 as Trump yet to comment on 60-day truce extension plan

EUR/USD softens to near 1.1635 in Fridayโ€™s early European session.  The US and Iran are getting closer, but they have...
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USD/CAD Price Trades below 1.3800 with bullish bias on weak Oil, USD uptick
CAD Portfolios Technical Analysis USD

USD/CAD Price Trades below 1.3800 with bullish bias on weak Oil, USD uptick

USD/CAD stalls the previous dayโ€™s sharp retracement slide from its highest level since April 13. Weaker Oil prices undermine the...
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Australian Dollar weakens as hawkish RBNZ lifts New Zealand Dollar
AUD Portfolios USD

Australian Dollar weakens as hawkish RBNZ lifts New Zealand Dollar

AUD/NZD falls as hawkish RBNZ policy outlooks boosted the New Zealand Dollar. RBNZโ€™s Breman stated that rates are likely to...
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Swiss Franc declines as market caution lifts USD
CHF Portfolios USD

Swiss Franc declines as market caution lifts USD

USD/CHF appreciates as the US Dollar gains on geopolitical Middle East risks. MUFG Bank warns the US Dollar could appreciate...
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USD/JPY Price Sees more upside towards 160.70
JPY Portfolios Technical Analysis USD

USD/JPY Price Sees more upside towards 160.70

USD/JPY edges up to near 159.32 as the Japanese Yen trades with caution. Tokyo CPI ex. Fresh Food grew at...
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Offshore Yuan Set for Second Monthly Gain
CNH Portfolios USD

Offshore Yuan Set for Second Monthly Gain

The offshore yuan steadied around 6.76 per dollar on Friday, hovering near its strongest level since February 2023, bolstered by...
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Trade of The Day: AUD/USD
AUD Portfolios Technical Analysis USD

Trade of The Day: AUD/USD

The AUDUSD exchange rate opened today below the 10- and 30-day exponential moving averages (EMA10 - yellow, EMA30 - light...
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EURUSD Rebounds Following Weak US Data
EUR Technical Analysis USD Wealth

EURUSD Rebounds Following Weak US Data

Weaker US data, in-line inflation, hawkish ECB minutes, and increased Iranian compliance trigger a sharp rebound in the EURUSD pair....
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Canadian Dollar: Rebalancing offers near-term relief โ€“ BNY
CAD Portfolios USD

Canadian Dollar: Rebalancing offers near-term relief โ€“ BNY

Geoff Yu at BNY highlights that Canadian Dollar (CAD) dynamics differ from the U.S., with equity-based rebalancing pointing toward CAD...
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GBP recovers against US Dollar; outlook remains weak due to Iran worries
GBP Portfolios USD

GBP recovers against US Dollar; outlook remains weak due to Iran worries

The British Pound recovers almost half of its early losses against the US Dollar. Middle East tensions re-escalate due to...
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