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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
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/USD softens to near 1.1635 in Fridayโs 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
USD/CAD stalls the previous dayโs 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/NZD falls as hawkish RBNZ policy outlooks boosted the New Zealand Dollar. RBNZโs Breman stated that rates are likely to...
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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
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
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
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
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
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
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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