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EUR/USD Price Weakens to near 1.1500 as 100-day SMA caps upside
EUR Technical Analysis USD

EUR/USD Price Weakens to near 1.1500 as 100-day SMA caps upside

EUR/USD weakens to near 1.1500 in Fridayโ€™s early European session.  The pair keeps a bearish vibe in the near term...
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Australian Dollar sticks to intraday gains as BoJ’s on-hold decision keeps Yen pressured
AUD JPY

Australian Dollar sticks to intraday gains as BoJ’s on-hold decision keeps Yen pressured

AUD/JPY attracts follow-through buyers and recovers further from its lowest level since April. The wide rate gap between Japan and...
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Offshore Yuan Holds at Strongest Level Since 2023
CNH USD

Offshore Yuan Holds at Strongest Level Since 2023

The offshore yuan held its gains around 6.74 per dollar on Friday, remaining at its strongest level since February 2023,...
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Trade of The Day – GBP/AUD
AUD GBP Technical Analysis

Trade of The Day – GBP/AUD

Facts: GBPAUD is trading below the 100-period moving average from H4 interval The pair failed to break above the 1:1...
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Pound Rises After BoE Holds Rates and Warns on Inflation Risks
GBP USD

Pound Rises After BoE Holds Rates and Warns on Inflation Risks

Sterling strengthened to $1.34, its highest level since July 20, after the Bank of England voted 6-3 to keep the...
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AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4
AUD Technical Analysis USD

AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4

AUD/USD struggles to capitalize on a modest Asian session uptick to the 0.6965 region. Escalating US-Iran tensions and Fed hike...
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United States Dollar Index regains ground on further escalation in Middle East war
Portfolios USD

United States Dollar Index regains ground on further escalation in Middle East war

The US Dollar rebounds slightly to near 100.92 after a sharp plunge on Wednesday. Escalating military aggression between the US...
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British Pound retreats from weekly high vs firmer USD as focus shifts to BoE, US data
GBP USD

British Pound retreats from weekly high vs firmer USD as focus shifts to BoE, US data

GBP/USD meets with a fresh supply as the USD regains positive traction after the post-FOMC fall. Fed rate hike remains...
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Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold
AUD USD

Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold

AUD/USD may depreciate as the US Dollar could find support, as three policy members dissented in favor of a rate...
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Canadian Dollar consolidates as Mideast crisis supports oil and USD ahead of US data
CAD USD

Canadian Dollar consolidates as Mideast crisis supports oil and USD ahead of US data

USD./CAD struggles to gain any meaningful traction amid a combination of diverging forces. The USD recovers a part of the...
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New Zealand Dollar rises as ANZ Business Outlook Index jumps in July
NZD USD

New Zealand Dollar rises as ANZ Business Outlook Index jumps in July

NZD/USD rises as New Zealand's July ANZ Business Outlook Index surged to 56.1, its highest since February. Markets widely anticipate...
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Japanese Yen softens after Fed leaves rates on hold
JPY USD

Japanese Yen softens after Fed leaves rates on hold

USD/JPY edges higher to around 163.50 in Thursdayโ€™s Asian session.  Fed voted 9โ€“3 to leave its benchmark interest rate unchanged...
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