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British Pound declines to near 1.3350 as US launches strikes on Iran
GBP/USD softens to around 1.3355 in Wednesdayโs Asian session. US launched strikes on Iran after tankers hit in Strait of...
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Dollar Firms Up on Mideast Tensions
The dollar index held above 101 on Wednesday after advancing in the previous session, supported by renewed safe-haven demand as...
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Canadian Dollar weakens despite higher oil prices
USD/CAD rises as the US Dollar holds gains amid renewed geopolitical tensions in the Strait of Hormuz. The Greenbackโs upside...
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USD/CHF Price – Resistance at 0.8075 remains in focus as dips find buyers
USD/CHF remains bid above 0.8050, with 0.8075 resistance under pressure. The Swiss Franc remains on the back foot after the...
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Offshore Yuan Extends Fall
The offshore yuan depreciated to around 6.80 per dollar on Tuesday, extending losses from the previous session and hitting a...
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EUR/USD Price – Turns broadly sideways below 20-day EMA
EUR/USD edges down to near 1.1433 as the US Dollar ticks higher. The FOMC Minutes of the June meeting will...
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Euro languishes at one-year lows against the British Pound despite positive German data
EUR/GBP holds losses around 0.8540, despite a sharp increase in German Industrial Production. Factory output rose 0.9% in Germany in...
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NZD remains subdued as US Dollar gains on renewed Hormuz tensions
NZD/USD falls as a steady US Dollar draws support from renewed geopolitical tensions in the Strait of Hormuz. Traders expect...
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AUD/USD – Eases from two-week top; 38.2% Fibo. near 0.6955 holds the key
AUD/USD attracts sellers after a modest Asian session uptick to a two-week high. The mixed technical setup warrants caution before...
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Japanese Yen strengthens amid looming intervention risks; lacks bullish conviction
USD/JPY drifts lower during the Asian session, though the downside potential seems limited. The wide US-Japan rate differential might continue...
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GBP gains as easing Fed hike bets weigh on US Dollar
GBP/USD rises as the US Dollar struggles after soft US data prompts markets to scale back Fed rate hike bets....
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