Currency Hedger Forex Analysis

The New Zealand dollar remained at a six-week high, hovering around $0.584, as the prospect of additional rate hikes at home helped offset a broader risk-off move amid escalating US-Iran tensions. The Reserve Bank of New Zealand is widely expected to raise interest rates again in September, with the OCR projected to reach at least […]

The South Korean won hovered around 1,480 per dollar, pausing recent gains after climbing to its strongest level since mid-May, as escalating US-Iran tensions fueled a rally in oil prices and dampened risk sentiment. Brent crude rose above $85 per barrel, heading for its biggest weekly gain since April after renewed US strikes on Iran […]

The GBP/USD pair trades on a softer note around 1.3470 during the Asian trading hours on Friday. Geopolitical tensions in the Middle East trigger risk-off market sentiment and weigh on the Cable. The preliminary reading of the Michigan Consumer Sentiment Index for July is due later on Friday. The United States (US) has carried out major […]

The AUD/USD pair remains on the back foot for the second straight day and slides to the 0.7980 region during the Asian session on Friday. Nevertheless, spot prices seem poised to register gains for the third week in a row and remain within striking distance of a nearly three-week high, touched on Wednesday. The US […]

The USD/JPY pair posts modest gains near 162.40 during the Asian trading hours on Friday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as the United States (US) launches a new wave of strikes against Iran for a sixth night in a row. Traders will keep an eye on the preliminary reading of […]

USD/CNH gains ground for the second successive day, trading around 6.7760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) receives support from escalating developments surrounding conflicts in the Middle East. Reuters reported on Thursday that Iran has instructed Yemen’s Houthi militia to stand ready to close the critical Red […]

EUR/JPY extends its losses for the second consecutive day, trading around 185.70 during the Asian hours on Friday. The currency cross is holding above both the nine-period and 50-period Exponential Moving Averages (EMAs), which reinforces a constructive near-term bias. The 14-day Relative Strength Index (RSI) sits at 55.17, neutral-to-positive territory, suggesting steady bullish momentum rather […]

Facts: GBPAUD is trading above the 100-period moving average from D1 interval The pair broke above the resistance at 1.9190 The pair invalidated 1:1 structure Recommendation: Trade: Long position on GBPAUD at market price Target: 1.9735, 2.0000 Stop: 1.9140 Opinion: GBPAUD has been trading in a downward trend since April 2025, but the pair may […]

08:00 AM, United Kingdom, monthly GDP report: The UK economy continues its steady, post-recession expansion, marking its sixth consecutive month of rolling three-month growth. While the broader trend remains highly positive, momentum slowed slightly heading into the summer, influenced by global supply chain disruptions stemming from the geopolitical conflict in Iran. Figure 1: Contributions to […]

The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the Australian Dollar (AUD).  Japan’s Finance Minister Satsuki Katayama said on Thursday that the authorities are ready to take appropriate action on currency anytime […]

The EUR/USD pair holds steady above the 1.1450 level during the Asian session on Thursday and consolidates its strong gains registered over the past two days, to the highest level since June 18. The US Dollar (USD) struggles to attract any meaningful buyers and languishes near a four-week low, touched on Wednesday following the release […]

The South Korean Won (KRW) reflects broader strength against the US Dollar (USD) as the Bank of Korea (BoK) delivers its first interest rate hike in three-and-a-half years, raising rates by 25 basis points (bps) to 2.75%. The USD/KRW pair gives back slight early gains and ticks down to near 1,484.68 in the Asian trade on Thursday. […]

The GBP/USD pair declines to near 1.3530 during the early Asian session on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) as renewed conflict and shipping disruptions in the Strait of Hormuz have reignited energy-driven inflation risks. Traders brace for the UK monthly Gross Domestic Product (GDP) report and the US Retail Sales data, […]

The USD/JPY pair loses ground to near 162.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after verbal intervention from Japanese authorities. Traders await the release of the US June Retail Sales data later on Thursday for fresh impetus.  Traders remain on alert for possible intervention […]

EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs). The 14-day Relative Strength Index (RSI) around 56 suggests positive but not overextended momentum, hinting that buyers […]

USD/CHF inches lower after opening at a bullish gap, remaining in positive territory and trading around 0.8060 during the Asian hours on Thursday. The pair holds ground as the US Dollar (USD) recovers its daily losses amid rising risk aversion, which could be attributed to United States (US)-Iran tensions boosting oil prices and sparking fresh inflation […]

Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.  Key quotes Delay in stimulus adjustment amid high inflation risk could trigger economic downturn.  Suitable monetary policy would ensure stable inflation, place economy on sustainable growth trajectory.  When upside […]

The Indian rupee hovered around 96.2 per dollar, remaining under pressure after reaching eight-week lows as sentiment weakened on rising crude oil prices. Brent crude climbed above $85 per barrel amid escalating tensions between the US and Iran, raising concerns over potential supply disruptions through the Strait of Hormuz and increasing India’s oil import bill. […]

The New Zealand dollar hovered near a six-week high at around $0.583, supported by expectations that the Reserve Bank of New Zealand will continue tightening monetary policy, alongside broad weakness in the US dollar. Markets widely expect the RBNZ to deliver another rate hike in September, with the OCR seen reaching at least 3.0% by […]

The South Korean won strengthened to around 1,485 per dollar, advancing for a fifth straight session and reaching its highest level since mid-May, after the Bank of Korea raised interest rates. The central bank lifted its benchmark interest rate by 25 basis points to 2.75%, as widely expected, marking its first increase since early 2023 […]

The geopolitically turbulent start of July has brought a strengthening of commodity currencies (among them, the Norwegian krone). However, the top of the G10 list is occupied by the New Zealand dollar, which may come as a surprise to some. The currency has strengthened by nearly 2.5% against the dollar over the past two weeks. […]

The AUD/JPY cross trades in positive territory around 113.25 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges lower against the Australian Dollar (AUD) after reports regarding the Government Pension Investment Fund (GPIF). Finance Minister Satsuki Katayama said on Tuesday that the government is considering nudging the world’s largest pension fund […]

The EUR/USD pair attracts some dip-buyers following the previous day’s pullback from the 1.1460-1.1470 horizontal resistance, though it remains confined within a multi-week-old range. Spot prices trade around the 1.1435-1.1440 region during the Asian session on Wednesday, up for the second straight day amid modest US Dollar (USD) weakness. Softer-than-expected US consumer inflation data, released on […]

The EUR/GBP cross gains momentum to near 0.8535 during the early European trading hours on Wednesday. Traders ramp up bets  on the Bank of England (BoE) and European Central Bank (ECB) rate hikes as oil price surge reignites inflation fears. ECB policymakers Fabio Panetta and Joachim Nagel are set to speak later in the day. US President Donald Trump’s […]

GBP/USD rises for the second consecutive day, trading around 1.3400 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) holds losses following softer-than-expected US inflation data, fueling hopes that the US Federal Reserve (Fed) might adopt a less hawkish monetary stance. The US Consumer Price Index (CPI) inflation eased to 3.5% year-over-year […]

The offshore yuan strengthened to around 6.76 per dollar on Wednesday, extending gains from the previous session to its strongest level in a month, supported by a weaker US dollar even as China’s economic data pointed to uneven growth. The greenback remained under pressure after softer-than-expected US inflation data reduced expectations for a near-term Federal […]

cts: The main trend on AUDCAD remains downward for a few days The price bounced off the upper limit of 1:1 structure at 0.9800 Recommendation: Trade: Short AUDCAD at market price Target: 0.9780, 0.9769 Stop: 0,9807 Opinion: Looking at the M15 interval, AUDCAD has been trading in a downward trend recently. Following an upward correction, […]

Brent crude tests $85 per barrel amid intensified attacks between the US and Iran Oil prices are rising for the second day in a row due to tensions in the Middle East. Brent crude is up over 2%, testing the vicinity of $85 per barrel. This is the highest level since the downward gap that […]

AUD/USD edges higher after posting 0.5% losses in the previous day, trading around 0.6930 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within the descending channel pattern, suggesting a prevailing bearish bias. The AUD/USD pair is holding a bearish near-term bias as it remains under both […]

The offshore yuan held its decline around 6.78 per dollar on Tuesday as investors balanced expectations of slower economic growth against stronger-than-expected trade data. China’s economy is projected to expand 4.5% year-on-year in Q2 on Wednesday, down from 5% in Q1 and near the lower end of Beijing’s 2026 growth target of 4.5%–5%, amid weak […]

The New Zealand dollar rose to around $0.577 on Tuesday, its highest level in four weeks, following remarks from RBNZ Chief Economist Paul Conway. Conway warned that inflation may not ease as quickly as the central bank expects, raising the possibility of further interest rate hikes. Last week, the RBNZ lowered its forecast for third-quarter […]

USD/CAD continues its losing streak after remaining flat in the previous day, trading around 1.4150 during the Asian hours on Tuesday. The pair depreciates as the commodity-linked Canadian Dollar (CAD) receives support from higher oil prices. It is important to note that Canada is the largest crude exporter to the United States (US). Crude oil prices […]

The EUR/USD pair posts modest gains near 1.1385 during the Asian trading hours on Tuesday. Nonetheless, the potential upside for the major pair might be limited amid renewed US military strikes against Iran. Traders will take more cues from the US June Consumer Price Index (CPI) inflation data, which will be released later on Tuesday.  […]

The USD/JPY pair is seen consolidating the previous day’s strong move up and trading just below mid-162.00s during the Asian session on Tuesday. Spot prices, however, remain close to a four-decade top touched earlier this month, keeping traders on edge amid expectations of a possible intervention by Japanese authorities. In the meantime, Japan’s Finance Minister, […]

The GBP/USD pair trades in positive territory around 1.3360 during the Asian trading hours on Tuesday. However, the potential upside for the major pair might be limited amid fears of an escalating US-Iran conflict. The US June Consumer Price Index (CPI) inflation report will take center stage later on Tuesday.  US President Donald Trump said on […]

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after two days of gains and is trading around 101.20 during the Asian session on Tuesday. However, the downside of the Greenback could be limited amid rising safe-haven demand due to escalating Middle East […]

The South Korean won strengthened to around 1,490 per dollar, extending gains toward its highest level since mid-May, as investors increasingly priced in a Bank of Korea interest rate hike later this week. Persistent inflation, resilient economic growth, and elevated household debt reinforced the case for the central bank’s first rate increase in more than […]

The Week Ahead: Geopolitical risks push the oil price higher It’s a shaky start to the week for financial markets. The oil price has risen by nearly 4% and Brent crude is trading above $79 per barrel. This comes after more attacks between the US and Iran in the Gulf, and statements from the Iranian […]

The euro opened the week at $1.14, nearing its one-year low from June, as investors responded to escalating Middle East tensions. Oil prices surged after another round of US strikes on Iran, with both sides disputing the status of the Strait of Hormuz. The US Central Command reported striking dozens of targets to weaken Iran’s […]

The pound fell back below $1.34, retreating from three-week highs, as investors reacted to rising Middle East tensions. Oil prices surged following another wave of US strikes on Iran, with both sides clashing over the status of the Strait of Hormuz. The US Central Command confirmed strikes on dozens of targets to curb Iran’s ability […]

The Indian rupee weakened to 95.7 per dollar, retreating from recent gains to its lowest level in over four weeks, as renewed tensions in the Middle East sent crude oil prices sharply higher. Sentiment deteriorated amid renewed concerns over India’s trade balance after Iran expanded its attacks to Qatar and the UAE following fresh US […]

The offshore yuan weakened to around 6.78 per dollar on Monday, retreating from a near three-week high reached in the previous session as escalating tensions in the Middle East boosted demand for safe-haven assets. The US dollar strengthened as surging oil prices revived expectations that the Federal Reserve may need to keep monetary policy tighter […]

The USD/CAD pair gains traction to near 1.4165, snapping the four-day losing streak during the Asian trading hours on Monday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) amid lingering tensions regarding the US-Iran conflict. The US June Consumer Price Index (CPI) inflation report will be the highlight later on Tuesday.  The US military carried out […]

 The EUR/JPY cross trades in positive territory around 184.65 during the Asian trading hours on Monday. However, the potential upside for the cross might be limited as heightened geopolitical tensions in the Middle East could boost a safe-haven currency.  Furthermore, speculation over domestic asset shifts could underpin the Japanese Yen (JPY) against the Euro (EUR). Japan’s Finance […]

The Euro (EUR) holds opening losses at around 1.1390 against the US Dollar (USD) during the mid-Asian trading session on Monday. The major currency pair faces selling pressure as the US Dollar starts the week on a strong note due to an increase in the appeal of safe-haven assets. At press time, the US Dollar Index […]

USD/CHF gains ground for the second successive day, trading around 0.8100 during the Asian hours on Monday. The pair appreciates as the US Dollar rises on increased safe-haven demand amid heightened geopolitical tensions in the Middle East. According to Bloomberg, the US Central Command (CENTCOM) launched additional strikes on Sunday evening, aimed at weakening Iran’s […]

The Australian dollar hovered around $0.693, extending the previous week’s roughly 0.2% loss to trade near three-month lows as persistent Middle East tensions weighed on global risk sentiment. The US launched another wave of strikes on Iran over the weekend in response to an attack on a container ship in the Strait of Hormuz, while […]

The dollar index climbed above 101 on Monday, rising for the second straight session as escalating tensions in the Middle East fueled safe-haven demand for the currency. The US and Iran exchanged fresh missile strikes over the weekend amid ongoing disputes over shipping through the Strait of Hormuz, pushing oil prices higher and reinforcing expectations […]

The Japanese yen weakened to around 162 per dollar on Monday, giving back the previous session’s gains as escalating tensions in the Middle East pressured the currency. The US and Iran exchanged fresh missile strikes over the weekend amid ongoing disputes over shipping through the Strait of Hormuz, driving oil prices higher and reinforcing expectations […]

The New Zealand dollar held around $0.576 on Monday, hovering near its highest level in more than three weeks, supported by expectations of further interest rate hikes from the Reserve Bank. Swaps traders are pricing in nearly two additional quarter-point rate hikes from the Reserve Bank of New Zealand by year-end, following the central bank’s […]

The past week brought a sharp bout of volatility to global markets, particularly within the commodities sector. An initial rebound in crude prices, fueled by escalating tensions in the Middle East, reverberated with redoubled force across weather-sensitive agricultural commodities. Markets enter the new week with attention firmly fixed on the United States. The macroeconomic calendar […]

The upcoming week will bring a major test for the US Dollar (USD), with investors focusing on the United States Consumer Price Index (CPI), Federal Reserve (Fed) Chair Kevin Warsh’s congressional testimony and a broad set of activity indicators. China’s second-quarter Gross Domestic Product (GDP) and the Bank of Canada’s (BoC) interest-rate decision will also attract significant […]

period moving average Recommendation: Trade: Short AUDJPY at market price Target: 111.36, 110.75 Stop: 113.06 Opinion: Looking at AUDJPY on the H4 interval, one can see that the pair is trying to return to the main trend. Bulls did not manage to break above the key resistance at 112.66, and sellers took over. The aforementioned […]

he yen strengthened on Friday following an announcement by Japanese Finance Minister Satsuki Katayama that the government intends to encourage pension funds, including the GPIF, to increase their investments in domestic financial assets — a move that many analysts regard as potentially more effective in supporting the currency than direct intervention. The market reacted with […]

The Indonesian rupiah hovered near IDR 18,050 per dollar on Friday, remaining under pressure as weak domestic fundamentals outweighed support from a softer greenback. The dollar index extended recent losses after reports that the U.S. and Iran would continue peace negotiations, easing safe-haven demand. Locally, sentiment remained fragile, with May retail sales posting the steepest […]

The US Dollar (USD) extends its losing streak for the third trading day on Friday amid signs of de-escalation in the ongoing clash between the United States (US) and Iran. In the Asian session, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.3% lower to near 100.60, revisiting […]

The AUD/USD pair attracts some buyers to near 0.6950 during the Asian trading hours on Friday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) on hawkish rhetoric from the Reserve Bank of Australia (RBA). RBA Assistant Governor Sarah Hunter said on Wednesday that the board will act as needed to return inflation to its target, […]

The USD/JPY pair meets with a heavy supply during the Asian session on Friday and weakens below the 162.00 mark as traders remain on high alert amid expectations of a potential government intervention to prop up the Japanese Yen (JPY). Furthermore, some follow-through US Dollar (USD) selling turns out to be another factor exerting downward […]

The NZD/USD pair gains strong follow-through positive traction for the third straight day and rallies to an over three-week top during the Asian session on Friday. Spot prices currently trade around the 0.5775-0.5780 region, up nearly 0.40% for the day, and remain on track to register strong gains for the second week in a row […]

The GBP/USD pair gathers strength to around 1.3430 during the Asian trading hours on Friday. The British Pound (GBP) edges higher against the US Dollar (USD) on the UK government leadership transition and growing expectations of further Bank of England (BoE) interest rate hikes. Andy Burnham’s path to becoming the next UK prime minister looks certain after […]

The EUR/USD pair posts modest gains around 1.1430 during the early Asian session on Friday, bolstered by a softer US Dollar (USD). The European Central Bank (ECB) is grappling with elevated core inflation, forcing traders to price in more aggressive tightening despite mixed guidance from ECB officials.  Accounts of the meeting showed on Thursday that the ECB policymakers […]

The dollar index fell toward 100.5 on Friday, extending losses for a third straight session as reports that the US and Iran will continue peace negotiations despite a recent escalation in hostilities dampened safe-haven demand for the currency. Lower oil prices also helped ease inflation concerns and reduce expectations of aggressive policy tightening, although markets […]

China’s offshore yuan strengthened to around 6.78 per dollar on Friday, extending gains from the previous session to its strongest level in nearly three weeks after the People’s Bank of China signaled greater tolerance for currency appreciation. The central bank set the yuan’s daily reference rate at 6.7989 per dollar, stronger than Thursday’s fixing of […]

The Japanese yen strengthened past 161.5 per dollar on Friday, erasing all of its losses from earlier in the week as traders remained alert to the possibility of official intervention after the currency weakened to fresh 40-year lows. Market participants are now awaiting intervention data due later this month to determine whether Japanese authorities were […]

The Australian dollar rose to around $0.695 but was on track to finish the week largely unchanged as investors monitored developments surrounding the Strait of Hormuz following renewed tensions in the Middle East. The safe-haven US dollar strengthened, while oil prices climbed after the US and Iran carried out military strikes in the Gulf earlier […]

The Euro (EUR) keeps treading water right above one-year lows against the British Pound (GBP) on Thursday. The EUR/GBP is trading flat in the area of 0.8530 at the time of writing, weighed by rising tensions between the US and Iran and the rebound in oil prices. In the Eurozone, German Trade Balance data beat expectations with a EUR […]

The AUD/JPY cross trades in negative territory around 112.62 during the early European trading hours on Thursday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) amid escalating tensions in the Middle East after US President Donald Trump said an interim agreement to end the war with Iran was “over.” Traders are also […]

The GBP/USD pair trades in positive territory around 1.3405 during the early European trading hours on Thursday. Fading political uncertainty in the United Kingdom (UK) provides some support to the British Pound (GBP) against the US Dollar (USD). Following the resignation of Keir Starmer in late June, UK political risk has eased significantly. The formal race to […]

The Australian Dollar (AUD) trades marginally higher at around 0.6935 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair edges up as the US Dollar ticks lower despite escalating Middle East risks and hawkish Federal Open Market Committee (FOMC) Minutes of the June policy meeting. At press time, the […]

The Indian rupee hovered around 95.5 per dollar, pausing losses as traders pointed to likely intervention by the Reserve Bank of India through dollar sales to temper volatility. The currency remained under pressure, however, amid renewed geopolitical tensions after fresh US military strikes on Iran and retaliatory attacks on Kuwait and Bahrain fueled concerns over […]

The offshore yuan rose to around 6.79 per dollar on Thursday, snapping a three-session losing streak, as stronger producer-price growth reinforced expectations that deflationary pressures are easing despite still-muted consumer demand. Annual producer inflation rose to 4.1% in June from 3.9% in May, marking the fastest pace since July 2022, supported by higher commodity and […]

The Japanese yen traded around 162.5 per dollar on Thursday, hovering near 40-year lows as renewed conflict between the US and Iran drove oil prices higher, adding pressure to Japan’s oil-dependent economy and weighing on the currency. The US military confirmed it had carried out strikes on Iran for a second straight day, while Tehran […]

ge market has turned defensive following a sudden escalation in the conflict between Iran and the United States. Iran’s attack on commercial vessels in the Strait of Hormuz brought an end to the month-long ceasefire that had been in place. As a result, the geopolitical risk premium has returned to the FX market, draining capital […]

Wednesday’s session on the EURUSD market is being shaped by a clash of three key forces: expectations regarding the future path of Federal Reserve policy, the increasingly firm stance of the European Central Bank, and the renewed risk premium linked to geopolitical developments in the Middle East. The market is currently at an unusual point, […]

The Australian Dollar (AUD) trades 0.23% higher to near 0.6943 against the US Dollar (USD) during the Asian trading session on Wednesday. The Aussie pair gains as the Australian Dollar outperforms its major currency peers, except the New Zealand Dollar (NZD), with the Reserve Bank of Australia (RBA) keeping the door open for further monetary […]

EUR/JPY pares its recent losses from the previous day, trading around 185.30 during the Asian hours on Wednesday. The currency cross is retaining a mildly bullish bias as it holds above the Volume-weighted Average Price (VWAP) and a cluster of Exponential Moving Averages (EMAs), with the 50-day EMA acting as nearby trend support. The 14-day […]

USD/CHF extends its gains for the third successive day, trading around 0.8090 during the Asian hours on Wednesday. The pair appreciates as the Greenback receives support from safe-haven demand amid renewing geopolitical tensions. US airstrikes against Iran came in response to Iranian attacks on commercial vessels in the crucial Strait of Hormuz, including a Qatari […]

The NZD/USD pair attracts some buyers in reaction to the Reserve Bank of New Zealand’s (RBNZ) anticipated interest rate hike and reclaims the 0.5700 mark during the Asian session on Wednesday. Spot prices, for now, seem to have snapped a two-day losing streak, though the upside potential seems limited amid geopolitical uncertainties. As was widely expected, […]

The GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran. The Federal Reserve’s (Fed) June meeting minutes will be published later on Wednesday. Washington unleashed a new wave of strikes against Tehran on […]

The dollar index held above 101 on Wednesday after advancing in the previous session, supported by renewed safe-haven demand as the US military carried out fresh air strikes on Iran following recent attacks on ships transiting the Strait of Hormuz. The latest escalation threatened the interim US-Iran peace deal to end the war and pushed […]

USD/CAD gains ground for the third successive day, trading around 1.4210 during the European hours on Tuesday. The pair appreciates as the US Dollar (USD) holds ground, which could be attributed to the renewed geopolitical tensions in the Strait of Hormuz. However, the upside of the Greenback could be restrained as traders price out any Federal Reserve rate […]

The US Dollar (USD) trades higher for the second consecutive day against the Swiss Franc (CHF). Downdside attempts remain shallow so far, amid a calm market mood, and the immediate trend shows a mild bullish stance, with resistance at the 0.8075 area under pressure. On the macroeconomic front, data from the Swiss National Bank revealed […]

The offshore yuan depreciated to around 6.80 per dollar on Tuesday, extending losses from the previous session and hitting a one-week low as investors weighed the latest outlook for China’s economy. The World Bank projected China’s economic growth to slow to 4.4% in 2026 and 4.3% in 2027, citing a prolonged property market downturn and […]

The EUR/USD pair trades marginally lower at around 1.1433 during the European trading session on Tuesday. The major currency pair faces slight selling pressure as the US Dollar (USD) edges up, while investors await the release of the Federal Open Market Committee (FOMC) minutes of the June policy meeting on Wednesday. At press time, the US […]

The Euro (EUR) has failed to draw support from the upbeat German industrial figures released earlier on Tuesday and consolidates losses at one-year lows against the British Pound (GBP). The EUR/GBP pair trades at 0.8540, its lowest price since July last year, after falling from levels above 0.8600 last week. Data released by the German statistics office on Tuesday showed […]

NZD/USD inches lower for the second successive day, trading around 0.5700 during the Asian hours on Tuesday. The currency pair depreciates as the US Dollar (USD) holds ground, which could be attributed to the renewed geopolitical tensions in the Strait of Hormuz. Bloomberg reported, citing a United States (US) official, that Iran fired at least […]

The AUD/USD retreats slightly from the 0.6960 area, or a two-week high, touched during the Asian session on Tuesday, and, for now, seems to have snapped a three-day winning streak. The intraday downtick, however, lacks bearish conviction, warranting caution before confirming that a one-week-old recovery move from a three-month low has run out of steam. From a […]

The USD/JPY pair extends the previous day’s late pullback from the vicinity of mid-162.00s and attracts some follow-through sellers during the Asian session on Tuesday. Spot prices drop to the 161.70-161.65 region in the last hour, though the downside remains cushioned in the absence of any intervention by Japanese authorities and a supportive fundamental backdrop. […]

GBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the Asian hours on Tuesday. The currency pair rises as the US Dollar (USD) faces headwinds as market participants scale back expectations for Federal Reserve (Fed) rate hikes this month and in September. This shift in sentiment followed a cooling employment […]

Goldman Sachs has significantly raised its forecasts for the USD/JPY pair, becoming one of the most bearish investment banks on the Japanese currency. The bank’s strategists now expect the exchange rate to rise from their previous 12-month target of 155 to 165 yen per U.S. dollar, which would mark the weakest level for the yen […]

EUR/JPY gains ground for the second successive day, trading around 185.00 during the Asian hours on Monday. The currency cross holds a constructive near-term bias as it trades above the nine-period and 50-period Exponential Moving Averages (EMAs). The volume-weighted average price (VWAP) is reinforcing underlying demand around 184.31. The 14-day Relative Strength Index (RSI) hovers […]

The AUD/USD pair meets with a fresh supply during the Asian session on Monday and, for now, seems to have snapped a two-day winning streak to the 0.6950 region, or a one-and-a-half-week high touched on Friday. Spot prices currently trade around the 0.6920 area, down 0.20% for the day, as tensions over the Strait of […]

The Indian rupee hovered around 95.2 per dollar, pausing recent losses after multi-week lows as investors assessed persistent dollar demand, Reserve Bank of India intervention, and broader weakness in Asian currencies. The local currency’s outlook weakened after it fell nearly 1% last week, pressured by arbitrage-related outflows, routine importer demand for US dollars, and a […]

The GBP/USD pair struggles to capitalize on last week’s strong move higher and oscillates in a narrow band, around the 1.3350 area during the Asian session on Monday. Moreover, spot prices remain below a technically significant 200-day Simple Moving Average (SMA), warranting caution before positioning for an extension of the recent recovery from the 1.3140 […]

USD/JPY extends its gains for the second successive day, trading around 161.70 during the Asian hours on Monday. The Japanese Yen (JPY) is caught in a high-stakes tug-of-war, buckling under surging import costs even as 10-year JGB yields hit a fresh 30-year high of 2.79%. This deep market divide has traders on high alert for […]

NZD/USD depreciates after two days of gains, trading around 0.5690 during the Asian hours on Monday. The pair loses ground as the New Zealand Dollar (NZD) weakens following the ANZ World Commodity Price Index, which fell 1.0% in June as easing Middle East tensions and lower oil prices weighed. The New Zealand Dollar faces an […]

USD/CAD gains ground for the second consecutive day, trading around 1.4210 during the Asian hours on Monday. The upside of the pair could be restrained as the commodity-linked Canadian Dollar (CAD) could receive support from higher oil prices. Oil traders are moving cautiously while traffic through the Strait of Hormuz appears to be stabilizing; expected production […]

The dollar index remained below 101 on Monday after posting weekly losses, as softer-than-expected US jobs data and lower oil prices led traders to scale back expectations for Federal Reserve interest rate hikes. Data released last week showed US nonfarm payrolls increased by just 57,000 in June, the smallest gain in four months and well […]

The AUD/USD pair turns positive for the second straight day following a modest Asian session downtick to the 0.6910 region amid the emergence of fresh US Dollar (USD) selling. Spot prices stick to gains following the release of the RatingDog China Services PMI and currently trade around the 0.6930 area, just below a one-and-a-half-week top set on […]

The NZD/USD pair gathers strength to around 0.5705 during the Asian trading hours on Friday. The New Zealand (NZD) remains strong following the Chinese economic data. The US markets will be closed on Friday in observance of Independence Day.  Data released by RatingDog on Friday showed that China’s Services Purchasing Managers’ Index (PMI) eased slightly to […]

The AUD/JPY cross trades in positive territory around 111.75 during the early European trading hours on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) following the Chinese economic data. China’s Services Purchasing Managers’ Index (PMI) eased slightly to 54.1 in June from 54.4 in May, according to RatingDog on Friday. However, this […]

The EUR/USD pair attracts some dip-buyers during the Asian session on Friday, stalling the previous day’s modest pullback from the 1.1470-1.1475 region, or a nearly two-week high. Spot prices currently trade just below mid-1.1400s and seem poised to register gains for the first time in three weeks as receding US Federal Reserve (Fed) rate hike bets keep […]

The GBP/USD pair trades in positive territory around 1.3360 during the early European session on Friday. The British Pound (GBP) gathers strength against the US Dollar (USD) on a weaker-than-expected US Nonfarm Payrolls (NFP) report. Signs of a cooling US labor market have prompted financial markets to dial back expectations for a near-term interest rate hike from […]

The dollar index held below 101 on Friday after tumbling in the previous session, as weaker-than-expected US labor market data led traders to dial back expectations for Federal Reserve rate hikes this year. The US economy added just 57,000 jobs in June, the fewest in four months and well below forecasts of 110,000, while the […]

The Indian rupee hovered around 95.2 per dollar, pausing recent losses as the greenback softened on softer-than-expected labor data. June payroll growth slowed sharply while gains for the previous two months were revised lower, prompting traders to reduce the probability of a September Federal Reserve rate hike to around 53%, down from 75% before the […]

Facts: The price bounced off the upper limit of 1:1 structure GBPUSD sits below the 200-period moving average from H4 interval Recommendation: Trade: Short position on GBPUSD at market price Target: 1.3160, 1.3083 Stop: 1.3404 Opinion: Looking at GBPUSD chart at the H4 interval, one can see that the price bounced off the key resistance […]

NFP preview: Will there be a World Cup boost? The June payrolls report is released today at 1330 BST, a day early this month due to the Independence day holiday on Friday. The market is expecting an approximately 113k increase in payrolls, which is a step down from the 172k print for May, the unemployment […]

USDJPY is trading slightly lower this morning at 162.70 (-0.15%) after hitting new multi-year highs around 163, as the market awaits the key U.S. payrolls report. Context of Today’s NFP Data Today’s June payrolls report is the main catalyst of the day—the consensus expects a marked slowdown to about 110,000 jobs following a surprisingly strong […]

The EUR/USD pair ticks higher during the Asian session on Thursday, though it lacks bullish conviction as traders keenly await the release of the crucial US Nonfarm Payrolls (NFP) report. Spot prices currently trade around the 1.1385 area and remain close to the weekly low, touched on Wednesday. From a technical perspective, the EUR/USD pair retains […]

AUD/USD inches higher after registering modest losses in the previous day, trading around 0.6900 during the Asian hours on Thursday. The pair holds ground as the Australian Dollar (AUD) remains stronger following the release of domestic Trade Balance data. Traders will closely monitor the US Nonfarm Payrolls figures for June later on Thursday. Australian Bureau of […]

The USD/CAD pair consolidates above the 1.4200 mark during the Asian session on Thursday as traders opt to wait for the release of the crucial US monthly employment details before positioning for any further gains. Spot prices, however, remain close to the highest level since April 2025 amid a combination of supporting factors. Crude Oil prices have […]

The NZD/USD pair edges higher following the previous day’s two-way price moves and trades around the 0.5685 region during the Asian session on Friday. Spot prices, however, remain below a one-week high, touched on Tuesday, as traders keenly await the US monthly employment details for a fresh impetus. The popularly known US Nonfarm Payrolls (NFP) report […]

The GBP/USD pair gains traction to near 1.3290 during the Asian trading hours on Thursday. The British Pound (GBP) strengthens against the US Dollar (USD) as the UK’s likely next Prime Minister, Andy Burnham, has eased market concerns by pledging strict fiscal discipline. The US Nonfarm Payrolls (NFP) data for June will take center stage later on […]

AUD/JPY remains flat after recovering daily losses, trading around 112.10 during the Asian hours on Thursday. The currency cross held its ground as the Australian Dollar (AUD) showed resilience, even after domestic trade data significantly missed market expectations. According to the Australian Bureau of Statistics (ABS), the Trade Balance unexpectedly swung into a deficit of […]

The US Dollar (USD) reflects a subdued performance in the countdown to the United States (US) Nonfarm Payrolls (NFP) data for June, which will be published at 12:30 GMT. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, edges lower to near 101.35. Investors will pay close […]

The EUR/JPY cross trades on a negative note around 184.95 during the early European session on Thursday. Eurozone inflation fell more than expected in June, easing pressure on the European Central Bank (ECB) to raise rates at its next meeting on July 23. This, in turn, could weigh on the Euro (EUR) against the Japanese Yen (JPY). Data released by Eurostat on […]

USD/CHF gains ground for the second consecutive day, trading around 0.8090 during the Asian hours on Wednesday. Traders will likely observe the upcoming Swiss Real Retail Sales and SVME Purchasing Managers’ Index (PMI) data due later in the day. The USD/CHF pair appreciates as the US Dollar (USD) gains ground on safe-haven demand tied to escalating […]

The USD/JPY pair trades 0.1% higher to near 162.73 during the European trading session on Wednesday. The pair reflects strength as surging United States (US) Treasury Yields have strengthened the US Dollar (USD). In the European trade, 10-year US Treasury Yields are up 0.18% to 4.47%, extending Tuesday’s little over 2% gains. The US Dollar […]

The EUR/USD pair trades on a negative note near 1.1410 during the early European trading hours on Wednesday. Cooling inflation in Germany has lowered expectations for the European Central Bank (ECB) rate hikes, weighing on the Euro (EUR) against the US Dollar (USD). Germany’s Consumer Price Index (CPI) inflation fell to 2.3% in June, down from 2.6% […]

USD/CAD has recovered its recent losses from the previous day, trading around 1.4220 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains ground on safe-haven demand amid uncertainty over United States (US)-Iran Doha talks. US negotiators Jared Kushner and Steve Witkoff arrived in Qatar on Tuesday to meet with mediators […]

EUR/JPY moves little after four days of gains, trading around 185.70 during the Asian hours on Monday. The currency cross is maintaining a constructive bullish bias as it holds above the session Volume-Weighted Average Price (VWAP) at 185.29 and both the nine-period and 50-period Exponential Moving Averages (EMAs) around 184.95–184.99. This positioning suggests dip-buying interest […]

The AUD/JPY cross trades in negative territory around 112.20 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as traders are on alert for possible intervention from Japanese authorities. Japan’s Finance Minister Satsuki Katayama said on Tuesday that the government was ready to take appropriate action […]

The GBP/USD pair meets with a fresh supply during the Asian session on Wednesday and moves away from a nearly two-week high around the 1.3275 region, touched the previous day. Spot prices currently trade around the 1.3235 zone, down 0.20% for the day, as traders look to speeches from Bank of England (BoE) Governor Andrew […]

The New Zealand dollar slipped to $0.566 on the first trading day of July, hovering near its lowest level in seven months amid a firm US dollar, while investors assessed the Reserve Bank’s interest rate outlook. Markets continue to price in a rate hike from the RBNZ next week, although analysts have become more divided […]

The Indian rupee hovered around 94.7 per dollar, extending its recent losses as rising US Treasury yields strengthened the greenback and weighed on Asian currencies. Higher bond yields dampened demand for emerging-market assets, while renewed dollar buying and weaker regional currencies kept pressure on the rupee. Market sentiment remained cautious after stronger-than-expected US labor market […]

The South Korean won weakened to around 1,557 per dollar, approaching its weakest level since March 2009 near 1,560 touched earlier in June, as persistent foreign selling of local equities and broad demand for the US dollar weighed on the currency. Overseas investors remained net sellers of Korean stocks for an eighth consecutive session, extending […]

The offshore yuan weakened to around 6.79 per dollar on Monday, reversing gains from the previous session as renewed concerns over China’s economic outlook weighed on sentiment. A private survey showed that the Manufacturing PMI eased to a three-month low of 51.7 from 51.8 in May. The reading followed stronger-than-expected official data showing the Manufacturing […]

Since mid-April, the EUR/USD pair has been trending downward. Recently, new lows were set and the March lows were broken, confirming the dominance of the supply side. We are currently observing a local upward correction. The price is approaching a key short-term resistance level at 1.1430, where, among other things, the lows from mid-March of […]

The Indian Rupee (INR) opens slightly lower against the US Dollar (USD) on Tuesday. The USD/INR pair edges up to near 94.65 as the US Dollar trades firmly amid caution surrounding the United States (US) Nonfarm Payrolls (NFP) data for June, which will be released on Thursday. At press time, the US Dollar Index (DXY), […]

The GBP/USD pair attracts some sellers during the Asians session on Tuesday and reverses a part of the previous day’s strong move up to a one-week top. Spot prices, for now, seem to have snapped a three-day winning streak and currently trade around the 1.3235-1.3230 region, down nearly 0.20% for the day. The US Dollar […]

The USD/CAD pair trades in positive territory around 1.4235 during the early European trading hours on Tuesday. The growing chances of Federal Reserve (Fed) interest rate hikes and optimism about the US economy provide some support to the US Dollar (USD) against the Canadian Dollar (CAD). The key US jobs data for June will be in the spotlight later […]

AUD/JPY loses ground after remaining flat in the previous day, trading around 111.40 during the Asian hours on Tuesday. The currency cross remains subdued as the Australian Dollar (AUD) holds losses following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes and key Purchasing Managers’ Index (PMI) data from China. The RBA June […]

The NZD/USD pair attracts some sellers during the Asian session on Tuesday, though it lacks bearish conviction and remains confined in a familiar range held over the past week or so. Spot prices move little following the release of China’s official PMIs and currently trade just below mid-0.5600s, down 0.05% for the day. An official […]

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.30 during the early European trading hours on Tuesday. The DXY gathers strength and is heading for its biggest monthly gain in nearly a year on optimism over US economic growth and the […]

The EUR/USD pair attracts some sellers during the Asian session on Tuesday, snapping a three-day winning streak and stalling its recent recovery from the lowest level since May 2025 set last week. Spot prices slip below the 1.1400 mark amid a firmer US Dollar (USD) and seem vulnerable to weaken further. Renewed US-Iran hostilities and Israeli […]

USD/CHF recovers its recent losses from the previous day, trading around 0.8090 during the Asian hours on Tuesday. Traders await the KOF Swiss Leading Indicator due later in the day, which is expected to inch up to 98.2 in May, from 98.0 prior. The USD/CHF pair gains ground as the US Dollar advances amid rising hawkish […]

The EUR/JPY cross loses ground to around 184.85 during the early European trading hours on Tuesday. The Japanese Yen (JPY) rebounds against the Euro (EUR) as traders on alert for possible intervention from Japanese authorities. Germany’s Retail Sales and inflation data will be published later in the day. Japanese Finance Minister Satsuki Katayama on Tuesday reiterated the authorities stood […]

The EUR/JPY cross loses ground to around 184.85 during the early European trading hours on Tuesday. The Japanese Yen (JPY) rebounds against the Euro (EUR) as traders on alert for possible intervention from Japanese authorities. Germany’s Retail Sales and inflation data will be published later in the day. Japanese Finance Minister Satsuki Katayama on Tuesday reiterated the authorities stood […]

The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger US dollar and a series of softer-than-expected daily fixings from the People’s Bank of China weighed on the currency. The dollar strengthened as investors priced in higher-for-longer US interest rates, while ongoing uncertainty in the […]

The South Korean won traded near 1,545 per dollar, remaining close to its weakest level in over three weeks as persistent foreign equity outflows continued to weigh on the currency. Overseas investors sold a record KRW 7.7 trillion worth of KOSPI shares in the previous session, extending their net selling streak to seven consecutive trading […]

The British Pound (GBP) is practically flat against the US Dollar (USD) on Monday, with Pound bulls subdued amid rising geopolitical tensions and the UK’s political impasse, while the safe-haven USD treads water, awaiting an array of US employment indicators. The GBP/USD pair remains steady at 1.3200 halfway through the last two weeks’ trading range. Investors are […]

USD/CAD loses ground for the third successive day, trading around 1.4180 during the early European hours on Monday. The pair continues its losing streak after pulling back from 14-month highs. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, signaling an ongoing bullish bias. The USD/CAD pair is […]

The Indian Rupee (INR) trades flat against the US Dollar (USD) after a long weekend on Monday. The USD/INR pair wobbles around 94.35 as investors await the outcome of talks between the United States (US) and Iran, scheduled on Tuesday in Oman, regarding peace near the Strait of Hormuz, a critical chokepoint to almost one-fifth […]

The EUR/JPY cross trades in positive territory near 184.20 during the early European session on Monday. However, the potential upside for the cross might be limited as traders are nervous about a fragile US-Iran ceasefire.  The US and Iran traded fresh barbs over the weekend before they agreed to halt attacks and meet in Qatar […]

USD/CHF remains flat for the second successive day, hovering around 0.8100 during the Asian hours on Monday. The pair moves little as the US Dollar (USD) remains calm amid market caution following the latest military clashes between the United States (US) and Iran and its temporary truce. Investors remain highly sensitive to breaking news from the Middle […]

The EUR/USD pair holds steady near 1.1385 during the early European trading hours on Monday. Traders continue to assess the developments surrounding talks to end the US war with Iran. The European Central Bank’s (ECB) annual forum and the US June employment data will be the highlights later this week.  CNN reported on Monday that a […]

The dollar index was little changed at around 101.3 on Monday after reaching a more than one-year high last week, as investors awaited the latest US monthly jobs report for fresh clues on labor market strength and the outlook for Federal Reserve policy. Fed Chair Kevin Warsh reiterated the central bank’s commitment to bringing inflation […]

If you look at the copper market chart over the past 10 years, it might seem like a perfectly balanced system. Market “bears” love to point to these figures. Global consumption has grown to about 28 million tons per year, but the industry has coped. Production has increased, and supply has met demand. No copper apocalypse has […]

arvell (MRVL). The chip producers, the ones that are reporting double to triple-digit growth quarter over quarter. The ones that dominate headlines with big green charts and arrows every time.  But it takes far more than silicon to run artificial intelligence (AI).  Every AI model, every chatbot response, and every image generation request ultimately runs inside a […]

s now losing buying momentum. In the second half of the session, the momentum has clearly shifted to the sellers. The US100, on the other hand, reflects relative strength—the index has gradually lost its downward momentum and is stabilizing in the second half of the day, ignoring some of the negative market signals. The main […]

hursday’s and Friday’s trading sessions saw a sharp rebound in the EUR/USD pair, which is now attempting to consolidate above 1.14 after a series of strong bullish daily candles in recent weeks pushed the dollar to levels not seen since May 2025. Meanwhile, UBS analysts take the opposite view—arguing that the current weakness of the […]

Facts Recommendation Source: xStation5 Opinion The GBP/USD rate is rebounding slightly as the dollar (specifically the dollar index, USDIDX) corrects across the broader market after breaking out to a 13-month high. Technically, however, we are far from breaking the downward trend on GBPUSD. Even after the recent bounce, the price has been moving below the […]

EUR/CAD remains flat after paring intraday losses, trading around 1.6150 during the European hours on Friday. The currency cross receives support as the Euro (EUR) gains ground following European Central Bank (ECB) policymaker Isabel Schnabel’s comments, reiterating on Thursday that the central bank’s monetary tightening cycle is not yet over. While acknowledging that short-term economic […]

The GBP/USD pair sticks to its positive bias for the second straight day, though it lacks bullish conviction and trades just above the 1.3200 mark during the early European session on Friday. The US Dollar (USD) remains depressed below its highest level since May 2025, touched on Thursday, and acts as a tailwind for spot […]

USD/CHF gains ground after registering nearly 0.30%, trading around 0.8100 during the Asian hours on Friday. The pair rises as the US Dollar (USD) finds support from growing expectations of a Federal Reserve (Fed) rate hike. According to the CME FedWatch tool, markets have priced in a 63.4% probability that the Fed will raise interest rates during its September […]

The EUR/USD pair struggles to capitalize on the previous day’s modest recovery gains and oscillates in a narrow band during the Asian session on Friday. Spot prices, however, hold above mid-1.1300s and the lowest level since May 2025, set on Thursday, warranting some caution for bearish traders. Reports that Iran’s Islamic Revolutionary Guard Corps (IRGC) attacked a Singapore-flagged […]

The AUD/USD pair attracts fresh sellers following the previous day’s modest gains and drops to a fresh low since early April during the Asian session on Friday. Spot prices, however, recover a few pips in the last hour and currently trade just below the 0.6900 mark, still down over 0.25% for the day. According to […]

EUR/JPY inches lower after registering minor gains in the previous day, trading around 183.90 during the Asian hours on Friday. The currency cross maintains a bearish near-term bias as it holds below both the nine-period and 50-period Exponential Moving Averages (EMAs) at 184.38 and 184.91, respectively. The EUR/JPY cross is remaining within the symmetrical triangle, […]

The dollar index steadied around 101.5 on Friday after coming under pressure in the previous session, but remained on track for a weekly gain as markets continued to expect the Federal Reserve to raise interest rates later this year. On Thursday, the greenback weakened after the latest US PCE inflation report came in broadly in […]

The Japanese yen traded around 161.7 per dollar on Friday, hovering near its weakest level since 1986 despite data showing Tokyo’s core inflation accelerated for the first time in eight months, reinforcing expectations that the Bank of Japan will continue raising interest rates. On Wednesday, BOJ Governor Kazuo Ueda reaffirmed his commitment to further rate […]

The offshore yuan weakened to around 6.80 per dollar on Friday and was on track for a second consecutive weekly loss, remaining under pressure from a broadly strong US dollar. The greenback continued its momentum after the Federal Reserve recently adopted a more hawkish stance, leading markets to price in a 75% probability of a […]

Trade Recommendation Trade: Open a short position on CHFJPY at the current market price. Analysis CHFJPY has remained in a downtrend in recent sessions. On the H1 chart , the pair staged a local bullish correction, but buyers failed to break above the key 199.66 resistance , which is defined by the upper boundary of […]

n labour market proved more resilient than expected, with the unemployment rate falling to 4.4% from a five-year high of 4.5% , while employment increased by 40.3k , comfortably beating expectations for a gain of around 30k . At the same time, household spending surprised to the upside, rising 1.3% in May versus market expectations […]

In mid-2026, the attention of financial markets is focused on the de-escalation of the situation in the Middle East and the race for dominance in the artificial intelligence sector, although at the same time, there is more and more talk about a bubble rather than further development. Parallelly, however, a climatic phenomenon is developing in […]

The USD/JPY pair edges lower during the Asian session on Thursday, albeit it lacks follow-through and finds support ahead of the 161.50 level. Nevertheless, spot prices remain well within striking distance of a 40-year high as traders look forward to the US Personal Consumption Expenditures (PCE) Price Index for a fresh impetus. The crucial inflation […]

USD/CAD halts its winning streak that began on June 10, trading around 1.4230 during the Asian hours on Thursday. The currency pair depreciate as the US Dollar (USD) declines despite rising market expectations of Federal Reserve (Fed) interest rate hikes later this year. Traders are positioning for tighter monetary policy after Federal Reserve Chairman Kevin Warsh signaled a […]

AUD/USD continues its losing streak for the eighth consecutive day, trading around 0.6900 during the Asian hours on Thursday. The pair remains subdued as the Australian Dollar (AUD) holds losses following the release of domestic labor market data. According to the latest data from the Australian Bureau of Statistics (ABS), Australia’s labor market showed strong […]

The GBP/USD pair recovers some lost ground to near 1.3175 during the Asian trading hours on Thursday. However, the potential upside for the major pair might be limited amid UK political instability and rising expectations of US interest rate hikes this year. Traders await the US May Personal Consumption Expenditures (PCE) inflation data on Thursday […]

EUR/JPY pares its daily losses, remaining in the negative territory and trading around 183.80 during the Asian hours on Thursday. The currency cross holds in a corrective phase below the short- and medium-term trend filters, with the nine-day Exponential Moving Average (EMA) at 184.47 and the 50-day EMA at 184.95 acting as immediate overhead caps […]

The EUR/USD pair trades in positive territory around 1.1370 during the early European session on Thursday. A surprisingly hawkish message from Kevin Warsh as the new Federal Reserve (Fed) chair last week has traders pricing a US hike as soon as September. Markets might turn cautious later in the day ahead of the key US Personal Consumption Expenditures (PCE) […]

The dollar index traded near 101.5 on Thursday, holding around its highest levels in more than a year as investors continued to price in Federal Reserve interest rate hikes later this year, while awaiting a key inflation report for further direction. Last week, the Fed signaled growing support for tighter monetary policy, with Chair Kevin […]

The Australian dollar fell further below $0.690, approaching a three-month low as broad US dollar strength outweighed a rebound in domestic employment data. Australia’s economy added 40,300 jobs in May, rebounding from a revised decline of 40,600 in April and exceeding market forecasts for a 30,000 increase, while the unemployment rate edged down to 4.4% […]

The offshore yuan steadied around 6.81 per dollar on Thursday, hovering near a one-month low after the People’s Bank of China unveiled plans to introduce overnight reverse repo operations as part of its next phase of monetary policy reform. The central bank said it will conduct overnight reverse repurchase operations on June 29–30, providing fixed-rate […]

The U.S. dollar has strengthened significantly in recent days, and hawkish revisions to Federal Reserve projections have become the primary catalyst behind the decline in the world’s most important currency pair. Notably, EUR/USD has continued to fall even though the European Central Bank recently delivered a 25-basis-point rate hike. This suggests that the move is […]

The USD/JPY pair trades in a limited range around 161.60 during the European trading session on Wednesday. The pair consolidates as hawkish Bank of Japan (BoJ) bets are supporting the Japanese Yen (JPY) against the US Dollar’s (USD) continued outperformance. Earlier in the day, the BoJ Summary of Opinions (SoP) of the June meeting showed […]

The Euro (EUR) extends losses for the fourth consecutive day against the British Pound (GBP) on Wednesday. The EUR/GBP pair has lost about 0.6% so far this week and is testing the 0.8610 area at the time of writing, its lowest level in the last 10 months. The Pound sterling seems to be faring better than the Euro amid the risk-off market mood. Stock markets […]

The offshore yuan depreciated to around 6.80 per dollar on Wednesday, hitting its lowest level in a month, as a stronger US dollar continued to weigh on the currency. The greenback remained supported by mounting expectations that the Federal Reserve could raise interest rates in September, with markets now assigning roughly a 70% chance of […]

The Indian rupee fell to around 94.8 per dollar, retreating after a brief stabilization as renewed strength in the greenback and shifting expectations for US monetary policy overshadowed lower crude oil prices. The currency came under renewed pressure after the dollar index climbed to its highest level in more than a year, driven by growing […]

NZD/USD continues its losing streak for the sixth consecutive day, trading around 0.5660 during the Asian hours on Wednesday. The pair weakens as the US Dollar (USD) gains ground in a highly complex geopolitical landscape. Traders are carefully navigating conflicting signals regarding a potential United States (US)-Iran diplomatic breakthrough. While US President Donald Trump stated […]

The AUD/USD pair attracts some buyers following the release of softer Australian consumer inflation figures during the Asian session on Wednesday and reverses a part of the previous day’s slump to the 0.6900 mark, or its lowest level since early April. Spot prices currently trade around the 0.6920-0.6925 region, though any meaningful recovery seems elusive […]

AUD/JPY remains steady after six days of losses, trading around 0.6920 during the Asian hours on Wednesday. The currency cross moves little as the Australian Dollar (AUD) experiences minor volatility following the release of Australia’s Consumer Price Index (CPI) data. Australian inflation slowed more than anticipated in May, offering some relief to policymakers. According to […]

The USD/CAD pair edges lower to around 1.4205 during the Asian trading hours on Wednesday. Nonetheless, the potential downside for the pair might be limited amid rising expectations of a Federal Reserve (Fed) rate hike this year. The US May Personal Consumption Expenditures (PCE) Price Index (PCE) data will take center stage later on Thursday.  Iran’s President Masoud Pezeshkian […]

USD/CHF extends its gains for the sixth successive day, reaching a seven-month high of 0.8107 during the Asian hours on Wednesday. The pair rises as the Greenback strengthens on the complex Middle East situation. Traders will likely observe the Swiss ZEW Survey – Expectations for June and the Q2 SNB Quarterly Bulletin due later in the day. […]

The dollar index hovered around 101.4 on Wednesday, trading at its highest level in more than a year as expectations for Federal Reserve rate hikes this year remained strong, while a technology-led selloff on Wall Street boosted demand for the safe-haven currency. At its latest policy meeting, Fed officials left interest rates unchanged but signaled […]

Facts: GBPUSD bounced off the resistance area near 1.3260 The pair is trading below 100-period moving average from H1 interval Recommendation: Trade: Short position on GBPUSD at market price Target: 1.3190, 1.3170 Stop: 1.3283 Opinion: GBP/USD has been trading in a downward trend recently. Looking at the H1 interval, we can see that the recent […]

AUD/USD extends its losses for the sixth consecutive day, trading around 0.6980 during the Asian hours on Tuesday. The pair remains subdued despite the release of improved preliminary Australian S&P Global Purchasing Managers Index (PMI) data. Traders’ attention is shifted toward domestic inflation and jobs data due later this week. S&P Global showed on Tuesday […]

The Swiss Franc (CHF) holds onto Monday’s losses around 0.8088 against the US Dollar (USD) during the Asian trading session on Tuesday. The Swiss Franc pair faces selling pressure due to continued outperformance by the US Dollar amid firm expectations that the Federal Reserve (Fed) will hike interest rates this year. At press time, the US Dollar […]

The AUD/JPY cross trades in negative territory around 112.75 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as traders are on high alert for currency intervention from Japanese authorities. Japan’s Chief Cabinet Secretary Minoru Kihara said on Tuesday that he will take appropriate action against […]

The USD/JPY pair enters a bullish consolidation phase during the Asian session on Tuesday and currently trades just above 161.50 amid mixed fundamental cues. Spot prices, however, remain well within striking distance of a 40-year peak, around the 162.00 neighborhood set in July 2024, as traders remain on edge amid fears that Japanese authorities will […]

The dollar index traded around 101 on Tuesday, hovering near its highest level since May 2025 as investors assessed signs of progress in US-Iran peace talks while continuing to gauge the outlook for Federal Reserve interest rate hikes this year. In a key development, Washington granted Tehran a 60-day license to sell oil on international […]

ING’s Francesco Pesole sees a decent risk that EUR/USD will need to test 1.140 as lingering post-Fed Dollar momentum plays out before any renewed upward pattern. He argues that positive US-Iran headlines and improved Eurozone terms of trade should limit downside, while upcoming confidence data and Purchasing Managers’ Index (PMI) are not expected to be major drivers […]

The British Pound (GBP) nudged up above 1.3200 against the  US Dollar (USD) on Monday and maintains a mild positive tone, despite news that Sir Keir Starmer resigned as Prime Minister of the United Kingdom and Leader of the Labour Party. Starmer appeared outside 10 Downing Street earlier on Monday to announce his resignation, adding that he will remain […]

EUR/USD: The dollar takes centre stage — geopolitics, the Fed and the ECB are driving the pair EUR/USD has come under strong selling pressure, testing key support around 1.1440–1.1420 — a level clearly visible on the chart as a broad, horizontal zone of demand, which has repeatedly halted sell-offs over recent months. Geopolitics: the US–Iran […]

The EUR/GBP cross gathers strength to around 0.8670 during the early European trading hours on Monday. The British Pound (GBP) weakens against the Euro (EUR) due to political uncertainty in the United Kingdom (UK). European Central Bank (ECB) President Christine Lagarde is scheduled to speak later in the day. The preliminary readings of Purchasing Managers Index (PMI) from Germany, the Eurozone, and the UK […]

EUR/CAD extends its gains for the second successive day, trading around 1.6260 during the Asian hours on Monday. The currency cross appreciates as the commodity-linked Canadian Dollar (CAD) loses ground amid lower oil prices, given Canada’s status of the largest crude exporter to the United States (US). West Texas Intermediate (WTI) oil price declines nearly […]

The GBP/USD pair recovers some of its early losses, but is still 0.1% down to near 1.3220 during the early European trading session on Monday. The pair remains under pressure amid renewed United Kingdom (UK) political uncertainty after comments from United States (US) President Donald Trump that Prime Minister (PM) Keir Starmer could resign on failing […]

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD remains under pressure after briefly dipping to 1.1416 before rebounding. They see scope for short-term consolidation between 1.1435 and 1.1495 as oversold conditions unwind, but maintain a bearish bias toward 1.1410, and warn that a break of the 1.1390/1.1410 support zone could open […]

Commerzbank’s Michael Pfister notes that the Russian Central Bank surprised markets by cutting rates only 25 bps to 14.25%, instead of the 50 bps expected, signalling a hawkish stance and caution on further easing. However, he argues this offers little support for the Russian Ruble (RUB), given capital controls, indirect pricing via Chinese Yuan (CNY) and US […]

USD/CHF remains stronger for the fourth consecutive day, trading around 0.8080 during the Asian hours on Monday. The pair remains close to a nearly seven-month high of 0.8091, reached on June 19, as the US Dollar (USD) receives support from safe-haven demand, which could be attributed to renewed concerns over a US-Iran peace deal. CNBC […]

The EUR/USD pair loses ground to around 1.1465 during the early European session on Monday. The uncertainty surrounding the US-Iran peace deal, following threats from President Donald Trump to restart the war in the Middle East, weighs on the riskier assets such as the Euro (EUR) against the US Dollar (USD).   On Monday, Qatar and Pakistan […]

USD/CAD extends its gains for the fifth successive day, trading around 1.4190 during the Asian hours on Monday. The pair hits a 14-month high of 1.4191 as the US Dollar (USD) receives support from safe-haven demand, which could be attributed to renewed concerns over a US-Iran peace deal. Traders will likely observe Canada’s Consumer Price Index […]

The AUD/USD pair loses traction to near 0.7005 during the early European trading hours on Monday, pressured by risk-off sentiment. Traders continue to assess the developments surrounding the US-Iran peace deal following fresh threats from US President Donald Trump.  The US-Iran peace talks took place on Sunday in Bürgenstock, Switzerland, with delegations from Iran, the US, Qatar, […]

The New Zealand dollar fell to around $0.572, the lowest in eleven weeks, weighed down by a firm US dollar. The greenback strengthens amid increased bets on a US rate hike following the Federal Reserve’s hawkish signals. Meanwhile, US–Iran talks in Switzerland have made encouraging progress, with technical-level discussions set to continue this week, easing […]

The dollar index traded around 100.8 on Monday, remaining close to its strongest level since May 2025 as investors assessed evolving developments in US-Iran peace negotiations while awaiting a key US inflation reading. Reports suggested that Washington and Tehran had agreed on a roadmap toward a final deal within 60 days, easing concerns after both […]

The offshore yuan edged higher to around 6.77 per dollar on Monday, trimming losses from the previous session as broader market sentiment improved on progress in US-Iran talks while investors assessed the People’s Bank of China’s decision to leave its key lending rates unchanged. The PBoC maintained the one-year loan prime rate (LPR) at 3.0% […]

The Japanese yen weakened to around 161.5 per dollar on Monday, hovering near its lowest level since 1986 as repeated verbal interventions from Tokyo failed to halt the currency’s decline. Finance Minister Satsuki Katayama said authorities stood ready to take appropriate action against excessive currency moves at any time, echoing earlier warnings. The yen has […]

The South Korean won weakened to around 1,538 per dollar, remaining under pressure as the US dollar stayed firm. Markets continued to price in the possibility of further Fed tightening, while investors awaited key US inflation data later this week for additional clues on the interest-rate path. Higher US yields continued to support dollar-denominated assets, […]

The Indian rupee hovered near 94.3 per dollar, steadying after reaching six-week highs as easing geopolitical tensions and softer crude oil prices supported sentiment. Oil prices declined after Iranian officials reported progress in negotiations with the United States, with Brent crude for August delivery falling 1.7% to $79.24 per barrel following signs of constructive talks […]

The week ahead will bring a fresh test for major currency pairs as investors digest the first Federal Reserve (Fed) policy decision under Chair Kevin Warsh and look ahead to the United States (US) Personal Consumption Expenditures (PCE) data, global PMI releases, and central-bank commentary. The US Dollar Index (DXY) trades near the 100.70 price zone on Friday after […]

The US Dollar Index (DXY) spent the back half of this week doing something most desks had written off six months ago: rallying on the prospect of a Federal Reserve (Fed) rate hike. The index pushed to a fresh 13-month high before easing back; the move owed less to safe-haven flight than to a cold read on rate differentials. […]

The Australian Dollar spent this week as a passenger in someone else’s trade. A hawkish Federal Open Market Committee (FOMC) and a surging US Dollar dragged the Aussie down to the 0.7000 handle, with the pair’s sharp mid-week drop owing more to events in Washington than to anything out of Canberra. Yet the Aussie is not quite […]

The Euro did something this week that ought to be impossible: it fell in the same fortnight the European Central Bank (ECB) delivered its first interest rate hike since 2023. EUR/USD slid to a fresh multi-week low near 1.1400 before clawing back to a tentative floor around 1.1450; the lesson is that not every rate hike is […]

The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own. Instead it spent this week sliding to a fresh 14-month low against the Greenback, capping a run in which the US Dollar has closed higher in six of […]

Recommendation Source: xStation5 Opinion NOKSEK broke its upward trend alongside the de-escalation of the Middle East conflict due to its tight correlation with oil prices (Norway remains one of the key net exporters of the commodity). The cross also failed to react significantly to the hawkish rhetoric from Norges Bank, which announced interest rate hikes […]

The British pound is regaining momentum at the end of the week, driven by a stronger-than-expected batch of UK economic data. This surprise surge in retail sales successfully halted sterling’s broad decline against most G10 currencies. Leading the recovery is the GBP/CHF pair, which broke cleanly above key moving averages to cement the pound’s robust […]

The Euro (EUR) is pulling back against a stronger British Pound (GBP) on Friday, with the EUR/GBP pair trading at the 0.8665 area following rejection at one-month highs near 0.8685. UK Retail Sales figures released beat expectations in May, but the increase in government borrowing might have offset the positive impact on the GBP. Retail consumption increased by 1.2% in […]

The EUR/USD pair trades in negative territory around 1.1425 during the early European trading hours on Friday. The uncertainty surrounding the US-Iran peace deal provides some support to a safe-haven currency such as the US Dollar (USD) and acts as a headwind for the major pair. Reuters reported on Friday that the Swiss Foreign Ministry announced […]

The USD/CHF pair advances to around 0.8075, the highest since December 10, 2025, during the early European session on Friday. The US Dollar (USD) strengthens against the Swiss Franc (CHF) as the Federal Reserve (Fed) officials left interest rates unchanged at its June policy meeting and signaled the possibility of higher rates later this year.  Hawkish signals from […]

The AUD/USD pair loses momentum to near 0.7010 during the Asian trading hours on Friday. The Australian Dollar (AUD) softens against the US Dollar (USD) after reports that US Vice President JD Vance canceled his trip to talks with Iran in Switzerland, raising concerns about the US-Iran peace deal.  CNN reported on Friday that the White House […]

The NZD/USD pair turns lower for the third straight day following a modest Asian session uptick to the 0.5775 region and touches a fresh low since April 8 in the last hour. Spot prices currently trade just below mid-0.5700s and seem poised to register heavy weekly losses amid a bullish US Dollar (USD). The USD Index […]

The GBP/USD pair attracts some follow-through selling for the third straight day and weakens further below the 1.3200 mark, hitting a fresh low since April during the Asian session on Friday. Spot prices remain on track to register heavy weekly losses, and the fundamental backdrop suggests that the path of least resistance remains to the […]

The Australian dollar held below $0.705, near ten-week lows and headed for a modest weekly loss as a stronger US dollar and fading bets of additional RBA rate hikes weighed on the currency. Markets increasingly suspect the Reserve Bank of Australia has finished tightening after keeping the cash rate unchanged this week, with the odds […]

The dollar index traded around 100.8 on Friday, hovering at its highest level since May 2025 as investors piled on rate hike bets this year following hawkish signals from the Federal Reserve. On Wednesday, the Fed left rates unchanged as widely expected, but roughly half of FOMC members now anticipate at least one rate increase […]

The Japanese yen weakened beyond 161 per dollar on Friday, falling to its lowest level since July 2024 despite renewed verbal intervention from Japanese authorities. Chief Cabinet Secretary Minoru Kihara said on Thursday that the government remains prepared to respond to excessive currency movements whenever necessary. The yen has now erased all the gains recorded […]

The offshore yuan weakened to around 6.78 per dollar on Friday, putting the currency on track for a weekly loss as a resilient US dollar capitalized on intensifying rate-hike bets. While the Federal Reserve recently left interest rates unchanged as widely anticipated, roughly half of the FOMC policymakers now project at least one additional rate […]

The Indian rupee hovered around 94.2 per dollar, extending gains to a six-week high as improving capital flows lifted investor sentiment. Market participants reported an improvement in foreign-exchange flows, with increased investment into Indian bonds and a slowdown in foreign equity outflows helping strengthen demand for the local currency. This marks a shift from the […]

USD/CAD trades around 1.4130 on Thursday, up 0.21% on the day, as the US Dollar (USD) maintains a positive tone following the Federal Reserve’s (Fed) monetary policy decision. The pair continues to hold above the 1.4100 level, supported by a reassessment of US interest rate expectations. The Fed left its benchmark interest rate unchanged within the […]

The Swiss National Bank (SNB) decided to keep its main interest rate unchanged during its June meeting. The interest rate has remained unchanged exactly since June last year. It is worth emphasizing that interest rate decisions in Switzerland are made quarterly. The interest rate remains at 0% and currently, due to slightly elevated inflation, we […]

The USD/CHF pair loses momentum to around 0.7985 during the early European session on Thursday. The United States (US) and Iran signed an interim agreement that would end the Iran war, weighing on the US Dollar (USD) against the Swiss Franc (CHF). The Swiss National Bank (SNB) will announce its interest rate decision later on Thursday.  US […]

The EUR/USD pair attracts some buyers during the Asian session on Thursday and moves away from its lowest level since late March, around the 1.1480-1.1475 region touched the previous day. The intraday move up is sponsored by a broadly weaker US Dollar (USD) and lifts spot prices to a fresh daily high, around the 1.1525 […]

The USD/JPY pair holds steady above mid-160.00s during the Asian session on Thursday, consolidating its gains registered over the past four days to the highest level since July 2024. The US Dollar (USD) pulls back following Wednesday’s hawkish Federal Reserve (Fed)-inspired rally to a fresh high since late March amid the latest optimism over a US-Iran peace […]

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, pulled back after reaching an 11-week high of 100.57 in the previous day and is now trading around 100.30 during the Asian hours on Thursday. The Greenback slips on easing safe-haven demand following the BBC report late […]

The NZD/USD pair gains traction to around 0.5790 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) amid upbeat annual New Zealand Gross Domestic Product (GDP) data and improved risk sentiment.  Data released by Statistics New Zealand on Thursday showed that the country’s GDP expanded by 0.8% QoQ in the […]

The AUD/USD pair regains positive traction during the Asian session on Thursday, reversing part of the previous day’s slide to sub-0.7000 levels, or the weekly low. Spot prices currently trade around the 0.7040 region, up nearly 0.40% for the day, amid a broadly weaker US Dollar (USD). The USD Index (DXY), which tracks the Greenback against a […]

The Indonesian rupiah traded near IDR 17,850 per U.S. dollar on Wednesday, little changed from the previous session, as traders awaited the central bank’s interest rate decision later in the day. Policymakers are widely expected to raise the benchmark rate by 25bps, following cumulative 75bps of tightening since May, to support the rupiah and reinforce […]

The Indian rupee hovered around 94.6 per dollar, retreating from recent gains as the US dollar strengthened after the Federal Reserve concluded its latest policy meeting. Investors reassessed the interest-rate outlook after the Fed unanimously left its benchmark rate unchanged at 3.5%–3.75%, while updated projections signaled a notable shift in policymakers’ expectations. Further pressure on […]

Japan stands ready to act if needed to address excessive exchange-rate volatility, Chief Cabinet Secretary Minoru Kihara said on Thursday. He added that the government is prepared to respond to market moves at any time, stating, “We are ready to respond appropriately to currency moves as needed at any time.” He added that officials will […]

EURUSD starts today’s session in a noticeably tense yet somewhat uneven atmosphere, where the market lacks a single dominant narrative. On one side, investors are already looking ahead to the evening and the Federal Reserve’s decision, which could set the tone for the US dollar over the coming weeks. On the other side, Europe refuses […]

The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8% in April, the data released by the Office for National Statistics (ONS) showed on Wednesday. The UK inflation reading was well above the Bank of England’s (BoE) 2% inflation target. The core CPI (excluding volatile food and energy […]

The offshore yuan traded around 6.75 per dollar on Wednesday, remaining close to its strongest level since February 2023 after the People’s Bank of China unveils fresh measures designed to deepen global usage of the Chinese currency. The central bank said it will expand access to yuan liquidity through its Foreign and International Monetary Authorities […]

The EUR/USD pair trades with a positive bias for the third straight day and holds steady above the 1.1600 mark through the Asian session on Wednesday. Bulls, however, seem hesitant and opt to wait for the outcome of a two-day FOMC policy meeting before positioning for an extension of the recent goodish recovery from the 1.1500 […]

The Indian Rupee (INR) holds ground after two days of gains against the US Dollar (USD) on Wednesday. However, the upside potential for the USD/INR pair could be capped in the near term as downward pressure on the Indian Rupee eases, supported by declining global oil prices. Following recent policy interventions by the Reserve Bank of India […]

The USD/JPY pair loses ground to near 160.25 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the US Federal Reserve (Fed) interest rate decision under new Chair Kevin Warsh later on Wednesday.  The Fed is widely expected to stand pat on the interest rates at its June policy meeting. Traders will […]

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.50 during the Asian trading hours on Wednesday. The DXY extends the decline amid optimism surrounding a potential US-Iran peace deal. The US Federal Reserve (Fed) interest rate decision will take center stage later […]

EUR/JPY depreciates after three days of gains, trading around 186.20 during the Asian hours on Wednesday. The currency cross holds a constructive bullish bias as it remains above both the nine-day and 50-day Exponential Moving Averages (EMAs). This positioning suggests the recent advance is supported by underlying demand. The 14-day Relative Strength Index (RSI) near […]

The AUD/USD pair trades with a negative bias for the second straight day, though it lacks bearish conviction and holds above the 0.7050 level through the Asian session on Wednesday amid mixed cues. The Reserve Bank of Australia (RBA) maintained a hawkish hold on Tuesday and warned that further rate increases are possible if inflation […]

The AUD/JPY cross trades in negative territory around 113.25 during the early European session on Wednesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) after the Bank of Japan (BoJ) raised interest rates to their highest level in more than three decades.  The BoJ decided to raise the short-term interest rate by 25 basis points (bps) […]

The British Pound (GBP) is trading practically flat against the US Dollar (USD) on Tuesday. The Doji candles at the 1.3400 area highlight an indecisive market, as traders await details on the US-Iran peace deal and monetary policy decisions by the US Federal Reserve (Fed) and the Bank of England (BoE) to make investment decisions. US Vice President JD […]

ING’s Chris Turner says the Bank of Japan’s 25 bp hike to 1.00% is no game-changer for the Japanese Yen, as policy remains accommodative and real rates stay comfortably negative. With markets not expecting another hike until December, USD/JPY is seen skewed toward a retest of 160.70 and possibly 161/162, where further BoJ FX intervention is anticipated. […]

The Reserve Bank of Australia (RBA) left its cash rate unchanged at 4.35% , ending a streak of three consecutive rate hikes and opting for its first pause of the year. The decision was widely expected and unanimous, but the tone of the statement remained clearly cautious. The RBA emphasized that inflation is still too […]

Facts: The pair bounced off the key resistance area near 0.7090 Short – term trend remains downward from the mid-May Recommendation: Trade: Short position on AUDUSD at market price Target: 0.6988, 0.6948 Stop: 0.7110 Opinion: AUDUSD has been trading in a downward move recently. Looking at the H4 interval, one can see that the price […]

NZD/USD extends its losses for the third consecutive day, trading around 0.5810 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) holds steady amid broad market caution. Investors remain on the defensive as they await further updates regarding Iran’s unresolved nuclear program. Both Washington and Tehran have not released the […]

The Indian Rupee (INR) opens firmly against the US Dollar (USD) on Tuesday. The USD/INR pair trades lower around 94.58 as lower oil prices due to the successive reopening of the Strait of Hormuz, following the signing of a peace deal between the United States (US) and Iran, and signs of improvement in sentiment of […]

AUD/USD pares its recent gains from the previous day, trading around 0.7050 during the Asian hours. The pair remains subdued as the Australian Dollar (AUD) struggles to shake off losses following the Reserve Bank of Australia’s (RBA) latest monetary policy update. As widely anticipated by the market, the RBA decided to keep its Official Cash Rate (OCR) unchanged […]

The Australian Dollar (AUD) falls back to near 1.2150 from its intraday high of 1.2168 against the New Zealand Dollar (NZD) after the Reserve Bank of Australia’s (RBA) monetary policy announcement. The Australian central bank has announced a pause on its monetary-tightening cycle by leaving the Official Cash Rate (OCR) steady at 4.35%, as expected. […]

USD/CHF gains ground after registering modest losses in the previous day, trading around 0.7950 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) holds steady amid broad market caution. Investors remain on the defensive as they await further updates regarding Iran’s unresolved nuclear program. Both Washington and Tehran have not […]

The offshore yuan slipped to around 6.76 per dollar on Tuesday, retreating from a more than three-year high reached in the previous session as investors weighed a mixed set of economic data from China. New home prices across 70 cities marked the 35th consecutive month of contraction and remaining at their steepest pace since May […]

Facts: Recommendation: Short position (Sell) on EURGBP at the market price. EURGBP (D1) Source: xStation5 OPINION : The EURGBP rate is once again testing the lower boundary of the consolidation, which can also be treated as a developing 1:1 pattern, potentially ending with a downside breakout. The repeated defense of the ~0.86 level indicates the […]

The USD/CHF pair slumps to near 0.7930, the lowest since June 5, during the early European trading hours on Monday. The US Dollar (USD) weakens against the Swiss Franc (CHF) after the US and Iran announced a framework deal for peace. Traders brace for the US Federal Reserve (Fed) interest rate decision later on Wednesday.  US President Donald […]

NZD/USD gains ground after registering minor losses in the previous day, trading around 0.5850 during the Asian hours on Monday. The pair remains stronger as the New Zealand Dollar (NZD) holds ground following the release of domestic economic data. New Zealand’s services sector continues to struggle, as the BusinessNZ Performance of Services Index (PSI) fell […]

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground and trading around 99.50 during the Asian hours on Monday. The Greenback declines on fading safe-haven demand following reports that the United States (US) and Iran reached a deal to end their conflict, easing […]

The AUD/JPY cross trades in positive territory around 113.35 during the early European session on Monday. The reports that the United States (US) had agreed to a peace deal with Iran provide some support to the riskier assets, such as the Australian Dollar (AUD) against the Japanese Yen (JPY). All eyes will be on the […]

AUD/USD gains around 0.5% after registering minor losses in the previous day, trading around 0.7080 during the Asian hours on Monday. However, the Australian Dollar (AUD) could struggle against the US Dollar (USD) as markets are ruling out a Reserve Bank of Australia (RBA) rate move at Tuesday’s June meeting and have lowered bets for an […]

The Indian Rupee (INR) opens strongly against the US Dollar (USD) at the start of the week. The USD/INR pair plunges to near 94.60 as oil prices have nosedived, following the announcement that the United States (US) and Iran have reached a permanent peace deal. In India’s opening trading hours, the MCX Crude Oil contract expiring on […]

The EUR/USD pair gains traction to near 1.1610 during the early European trading hours on Monday. The reports that the US and Iran have reached a deal to reopen the Strait of Hormuz improved risk sentiment, supporting the Euro (EUR) against the US Dollar (USD). The US Federal Reserve (Fed) interest rate decision will be in the spotlight later […]

The GBP/USD pair trades 0.35% higher to near 1.3460 during the late Asian trading session on Monday. The Cable extends its week-long advance as market sentiment improves further, following the announcement that the United States (US) and Iran have reached a deal. At press time, S&P 500 futures are up over 1% and Asian stock markets are […]

The offshore yuan strengthened to around 6.75 per dollar on Monday, extending gains from the previous week and reaching its highest level since January 2023, as a reported US-Iran peace breakthrough triggered broad-based dollar weakness and boosted regional currencies. The tentative agreement reportedly includes the reopening of the Strait of Hormuz, a cessation of hostilities, […]

Recommendation: Source: xStation5 Opinion USDNOK is gaining momentum, increasingly solidifying a trend reversal on a pair whose volatility in recent months was primarily shaped by upward pressure on oil prices. Over the past two weeks, the price crossed three exponential moving averages (the 10-, 30-, and 100-day EMA; yellow, light purple, and dark purple, respectively) […]

Brown Brothers Harriman’s Elias Haddad reports that EUR/USD briefly dipped toward 1.1500 after the ECB decision before rebounding on the US-Iran breakthrough. Haddad expects EUR/USD to edge lower and stabilize closer to 1.1400 as US growth outperforms the Eurozone. The ECB’s 25 bps hike and hawkish inflation stance are seen cushioning, but not reversing, Euro downside. […]

pril 2026 as a result of the escalating conflict in the Middle East. According to the latest data from the Office for National Statistics (ONS), this marks the first monthly GDP decline since August 2025. Although this contraction aligns with forecasts from economists polled by Reuters, it represents a sharp trend reversal from March, which […]

EUR/GBP inches lower after two days of gains, trading around 0.8630 during the Asian hours on Friday. The currency cross remains subdued following the release of economic data from the United Kingdom (UK) and Germany. The UK Gross Domestic Product (GDP) contracted by 0.1% MoM in April, following a 0.3% rise reported in March. The market […]

Commerzbank’s Thu Lan Nguyen notes the European Central Bank sounded slightly hawkish, but investors already price in two further hikes, leaving the Euro softer after President Lagarde avoided clear guidance. Nguyen argues whether hikes come in July or later still matters, as an earlier move would signal urgency, yet markets may see rapid tightening as a policy […]

The USD/CAD pair gains traction to near 1.3980 during the early European trading hours on Friday, bolstered by hot US inflation data. Traders will closely monitor the developments surrounding the US-Iran peace deal. The preliminary reading of the Michigan Consumer Sentiment Index for June is due later on Friday.  Data on Thursday showed US Producer Price Index […]

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann observe that GBP/USD’s surge to 1.3434 has stretched short-term conditions, but further gains toward a retest of 1.3435 remain possible, with 1.3465 unlikely to break. Over 1–3 weeks, they expect range trading in a higher 1.3340–1.3465 band after shifting from a negative to neutral […]

Germany’s final Harmonized Index of Consumer Prices (HICP) data for May has arrived at 2.7% Year-on-Year (YoY), as the preliminary data showed. The inflation data cooled down from 2.9% in April. On a monthly basis, it is confirmed that the German HICP growth declined by 0.1%. There is a slight recovery move in the EUR/USD data, following […]

The AUD/USD pair is down 0.22% to near 0.7035 in the early European trade on Friday. The Aussie pair faces selling pressure as the US Dollar (USD) rebounds, following Iran’s denial upon agreeing to the Memorandum of Understanding (MoU) with the United States (US), as reported by Iran’s Fars News agency, which President Donald Trump claimed to have been […]

USD/CAD loses ground for the third successive day, trading around 1.3940 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) holds losses as investors assess ongoing Middle East tensions with anticipation of upcoming US economic data, which could signal the Federal Reserve’s next policy moves. The Greenback may regain its […]

The GBP/USD pair attracts some dip-buyers during the Asian session on Tuesday and stalls the previous day’s pullback from the 1.3425 region, or the weekly high. Spot prices currently trade around the 1.3385 zone, up just over 0.10% for the day, though the upside potential seems limited. The US Dollar (USD) edges lower as soft […]

The Indian Rupee (INR) tumbles at open against the US Dollar (USD) on Thursday, with the USD/INR pair rising to near 95.65. The pair gains as a sharp recovery in oil prices due to fears surrounding the collapse of the ceasefire between the United States (US) and Iran has weakened the Indian Rupee. In India’s morning session, […]

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, edges lower during the Asian session on Thursday, stalling the overnight bounce from the vicinity of the weekly low. The index, however, remains confined within the weekly range and currently trades near the 100.00 psychological mark, just below its highest level […]

The AUD/JPY cross gains ground near 112.40 during the early European session on Thursday, bolstered by the hawkish stance of the Reserve Bank of Australia (RBA). Macquarie analysts said the Australian central bank is likely to keep the Official Cash Rate (OCR) unchanged next week while delivering a hawkish message that reinforces market expectations for […]

USD/JPY remains flat after two days of gains, trading around 160.50 during the Asian hours. The pair moves little after reaching a six-week high of 160.56 during earlier hours on Thursday, which could be attributed to possible foreign-exchange intervention by Japanese authorities. Finance Minister Satsuki Katayama stated earlier this week that the government is keeping a close […]

USD/CHF may rebound as the US Dollar may regain ground on safe-haven demand from ongoing Middle East conflicts.Israel’s Home Front Command issued an early warning following rocket launches from Lebanon targeting northern Israel.Softer UBS capital rules being considered by Swiss lawmakers could shave off billions in regulatory burdens, potentially weakening the CHF.Swiss Franc strengthens as […]

The Indian Rupee (INR) opens almost flat against the US Dollar (USD) on Wednesday. The USD/INR pair consolidates around 95.42; however, the outlook of the pair has turned bullish as Middle East tensions have flared up again, following the United States (US) retaliation against Iran over the shooting down of an American helicopter. Renewed US-Iran tensions have […]

The EUR/JPY cross gathers strength to near 185.20 during the early European session on Wednesday. The Euro (EUR) edges higher against the Japanese Yen (JPY) amid expectations that the European Central Bank (ECB) would raise rates at its June policy meeting on Thursday. The ECB is set to raise its key interest rate for the first time in almost […]

USD/JPY flatlines after experiencing volatility, trading around 160.40 during the Asian hours on Wednesday. The pair continues to hold its ground, reflecting a struggling Japanese Yen (JPY) that has failed to find support despite a massive acceleration in wholesale inflation. Driven by surging energy costs linked to the ongoing Middle East conflict, Japan’s Producer Price […]

The USD/CNH pair trades slightly lower to near 6.7750 during the early European trading session on Wednesday. The pair faces selling pressure due to continued outperformance by the Chinese Yuan (CNY), being a trade surplus economy. On Tuesday, China’s Trade Balance data for May also came in stronger than projected. Trade Balance arrived at $105.43 […]

The GBP/USD pair trades in positive territory around 1.3390 during the early European trading hours on Wednesday. Markets might turn cautious later in the day ahead of the US May Consumer Price Index (CPI) inflation report. On Friday, the monthly UK Gross Domestic Product data will be in the spotlight.  Financial markets had expected the […]

The offshore yuan firmed to around 6.77 per dollar on Wednesday as investors assessed the latest inflation data and their implications for China’s economic outlook. Consumer inflation rose 1.2% annually in May 2026, slightly below expectations of 1.3%, indicating that weak household demand continued to offset inflationary pressures from higher global energy prices linked to […]

BNP Paribas strategists argue that Europe is emerging as an alternative safe haven, with the Euro gaining ground as a global safe asset. They note that the European Central Bank’s (ECB) work highlights stronger demand for Euro assets and a higher convenience yield on German bunds, which supports broader Eurozone financing conditions. They stress Europe’s industrial resilience, services […]

Monday’s rise in energy commodity prices proved short-lived, weighing further on the Norwegian currency. The USDNOK pair is approaching the 9.50 level, which was last seen two months ago. Aside from headlines coming out of the Middle East, tomorrow’s scheduled releases of May inflation data from both Norway and the US should take center stage […]

The GBP/USD pair trades 0.26% higher at around 1.3375 during the European trading session on Tuesday. The Cable gains as the US Dollar (USD) declines amid expectations that the United States (US) could reach a deal with Iran soon. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed […]

UOB’s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief spike and reversal, but maintain a slightly positive multi-day stance. They see upward momentum building tentatively, with the pair likely to rise gradually toward 160.75 while strong support at 159.60 defines the risk, and longer […]

The Australian Dollar (AUD) posts moderate gains against the US Dollar (USD) on Tuesday, regaining some of the ground lost last week, although it remains at its lowest level in nearly two months. News that Israel and Iran halted hostilities has triggered a mild relief rally. At the same time, upbeat Chinese trade data has […]

EUR/JPY extends its gains for the second successive day, trading around 184.90 during the Asian hours on Tuesday. The currency cross holds gains as the Euro (EUR) remains stronger following the release of Industrial Production and Trade Balance data. Industrial Output, in the Eurozone’s economic powerhouse Germany, rose by 0.4% over the month in April, the federal […]

The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom’s outlook. Ahead of the key Gross Domestic Product (GDP) April data to be released on Friday, financial markets are balancing the risk of an economic contraction against the probability of further interest rate hikes by the Bank of England (BoE) […]

Facts: Recommendation: Trade: Long position on USDSEK market price Target: 9.4750 Stop: 9.3740 Opinion: USDSEK reached a key technical support yesterday which is marked with a lower limit of 1:1 structure. The level is being tested again today and should buyers manage to hold the price above, the main sentiment remains bullish. The support at […]

NZD/USD gains ground for the second successive day, trading around 0.5810 during the Asian hours on Tuesday. Technical analysis of the daily chart suggests the spot price is moving sideways within a rectangle pattern, reflecting a period of market consolidation and indecision. The NZD/USD pair is maintaining a bearish near-term bias as spot holds beneath both […]

The EUR/JPY cross holds positive ground around 184.85 during the early European session on Tuesday. A hawkish stance from the European Central Bank (ECB) underpins the Euro (EUR) against the Japanese Yen (JPY). The ECB will hold its June monetary policy meeting on Thursday. Markets have fully priced in a 25-basis-point (bps) rate hike after Eurozone inflation surged to […]

The Indian Rupee (INR) rebounds against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.50 as oil prices tumble, following reports of a ceasefire between Israel and Iran after the exchange of attacks over the weekend. As of writing, the MCX Crude […]

The USD/JPY pair struggles to build on a modest Asian session uptick on Tuesday and remains below its highest level since April 30, set the previous day. Spot prices, however, hold above the 160.00 psychological mark and seem unaffected by a broadly weaker US Dollar (USD). Iran and Israel said that they had halted attacks […]

The EUR/USD pair gathers strength near 1.1545 during the early European trading hours on Tuesday, bolstered by the hawkish stance of the European Central Bank (ECB). Traders brace for the US Consumer Price Index (CPI) data on Wednesday. On Thursday, all eyes will be on the ECB interest rate decision.  The ECB is set to […]

The offshore yuan held its gains around 6.78 per dollar on Tuesday, as stronger-than-expected trade data highlighted the resilience of China’s export sector despite signs of an economic slowdown. Exports surged 19.4% year-on-year to a record USD 376.8 billion in May, driven by inventory building aimed at mitigating rising shipping and energy costs linked to […]

Facts Recommendation Figure 1: EURUSD (10.12.2025 – 25.06.2026) Source: xStation5, 08.06.2026 (15:34) Opinion The EURUSD pair has weakened significantly from its mid-April peak, when it approached the 1.18500 level. The key drivers behind this downward move are the prolonged negotiations between the US and Iran, alongside a substantial increase in market expectations for US interest […]

UOB’s Quek Ser Leang and Lee Sue Ann note that EUR/USD plunged to a three‑month low around 1.1520 after breaking several key supports. In the near term, they see scope for a further drop toward 1.1490, while over the next 1–3 weeks, the pair is expected to continue weakening toward 1.1445, with resistance now capped around 1.1575/1.1600. […]

Brown Brothers Harriman’s Elias Haddad (BBH) highlights downside risks for the Pound as UK GDP is expected to contract in Q2 and markets price further Bank of England (BoE) hikes due to second-round inflation effects. Haddad forecasts GBP/USD lower and warns that domestic politics, including the Makerfield by-election and potential leadership challenges, could exacerbate any Pound undershoot. […]

The GBP/USD pair trades with mild losses around 1.3340 during the European trading hours on Monday. Ongoing tensions in the Middle East and rising bets of a US interest rate hike provide some support to the US Dollar (USD) against the British Pound (GBP).  The BBC reported on Monday that the Israel Defense Forces (IDF) said that […]

EUR/USD rebounds after registering 0.75% losses in the previous day, trading around 1.1530 during the Asian hours on Monday. The daily chart technical analysis indicates an ongoing bearish bias as the pair is positioned near the lower boundary of the descending channel pattern. The EUR/USD pair is preserving a bearish near-term bias as spot holds under […]

The NZD/USD pair stages a modest recovery following an Asian session dip to the 0.5780 region, or a two-month low, as the US Dollar (USD) enters a bullish consolidation phase on Monday. Spot prices climb back above the 0.5800 mark in the last hour, though any meaningful appreciation still seems elusive. The Israel-Iran conflict has entered […]

The Indian Rupee (INR) starts the week on a negative note against the US Dollar (USD), with the USD/INR pair rising to near 95.30. The pair gains at open as surprisingly upbeat United States (US) Nonfarm Payrolls (NFP) data for May has strengthened the US Dollar, and rising oil prices due to re-escalating conflicts between Iran and […]

The AUD/JPY cross trades in positive territory around 113.05 during the early European trading hours on Monday. A hawkish stance from the Reserve Bank of Australia (RBA) underpins the Australian Dollar (AUD) against the Japanese Yen (JPY).  RBA Governor Michele Bullock last week emphasized that the Australian central bank remains strictly focused on curbing inflation, […]

USD/CHF extends its gains for the second successive day, trading around 0.7970 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) remains firm amid increased safe-haven demand after the Israeli military stated a missile had been launched from Yemen towards Israeli territory, which has been intercepted by its aerial […]

The Indian rupee edged down to around 95.3 per dollar, retreating from last week’s four-week highs as a broad selloff in Asian equities and a spike in global crude prices halted its upward momentum. Broader Asian currencies similarly weakened as optimism faded surrounding a potential US-Iran peace deal. This pullback followed a Friday rally driven […]

The Indian Rupee (INR) opens flat against the US Dollar (USD) on Thursday after a strong Wednesday. The USD/INR pair holds onto previous day’s gains around 95.72 as oil prices remain higher, with United States (US)-Iran negotiations remaining in deadlock. In the opening trade, MCX Crude Oil price opens 1.2% lower to near 9,120, but is close […]

The USD/JPY pair attracts some sellers during the Asian session on Thursday amid fears that authorities will step in again to prop up the Japanese Yen (JPY). Furthermore, the Israel-Lebanon truce prompts some profit-taking around the US Dollar (USD) and exerts downward pressure on the currency pair. Spot prices, however, lack follow-through and remain close […]

The EUR/JPY cross posts modest gains around 185.65 during the early European session on Thursday. The potential upside might be limited for the cross amid fears of foreign exchange intervention from Japanese authorities.  Japan’s Finance Minister Satsuki Katayama said on Wednesday that officials are standing ready to respond appropriately on foreign exchange if required. Katayama added that she aligns […]

USD/CHF halts its three-day winning streak, trading around 0.7910 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) loses ground on easing risk aversion following the news that Israel and Lebanon on Wednesday agreed to renew a ceasefire. However, it would require a “complete cessation” of fire by Iran-backed Hezbollah. The agreement was announced […]

The USD/CAD pair climbs to a nearly two-week high during the Asian session on Thursday, with bulls now looking to build on the positive momentum further beyond the 1.3900 mark. The Canadian Dollar (CAD) continues with its relative underperformance against the US Dollar amid slowing domestic growth, a softening labor market, and interest rate divergence between the […]

The USD/JPY pair enters a bullish consolidation phase on Wednesday, oscillating in a narrow range just below the 160.00 psychological mark, or a one-month high touched during the Asian session. Verbal intervention by Japan’s Finance Minister Satsuki Katayama offers some support to the Japanese Yen (JPY), which, along with a subdued US Dollar (USD) price […]

EUR/USD inches lower after moving little in the previous day, trading around 1.1630 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) remains firm, driven by stalled US-Iran peace negotiations and renewed tensions in the Middle East continued to underpin safe-haven demand. US Central Command (CENTCOM) announced Tuesday that it successfully […]

The EUR/JPY cross trades in negative territory around 185.90 during the early European trading hours on Wednesday. The Japanese Yen (JPY) gathers strength against the Euro (EUR) as traders are on alert for intervention from Japanese officials.  Japan’s Finance Minister Satsuki Katayama said on Wednesday that the authorities are ready to act on the foreign exchange if required, adding […]

Australia’s Gross Domestic Product (GDP) rose 0.3% QoQ in the first quarter (Q1) of 2026 compared with the 0.8% growth in the fourth quarter of 2025, the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in weaker than the expectations of 0.5% expansion. The annual first-quarter GDP grew by 2.5%, compared with the 2.6% growth in […]

The AUD/USD pair declines to around 0.7180 during the early Asian session on Wednesday. The Australian Dollar (AUD) weakens against the US Dollar (USD) following a downbeat domestic Gross Domestic Product (GDP) report. Traders will closely monitor the US May employment data, which will be released on Friday.  Data released by the Australian Bureau of Statistics (ABS) on […]

The NZD/USD pair gains some positive traction following the better-than-expected release of China’s Services PMI and climbs to the 0.5935 region during the Asian session on Wednesday. Spot prices, for now, seem to have snapped a two-day losing streak, though the upside potential seems limited amid persistent geopolitical uncertainties. The latest data published by RatingDog […]

GBP/USD moves little following a four-day winning streak, trading around 1.3470 during the Asian hours on Wednesday. The pair steadies as the US Dollar (USD) remains firm, driven by stalled US-Iran peace negotiations and renewed tensions in the Middle East, continued to underpin safe-haven demand. Iran launched ballistic missiles toward neighboring Kuwait and Bahrain. The United […]

USD/CAD edges higher after posting minor losses in the previous day, trading around 1.3850 during the Asian hours on Wednesday. The commodity-linked Canadian Dollar (CAD) fails to capitalize on rising crude oil prices as intensifying market risk aversion prompts trader caution, keeping the currency flat. West Texas Intermediate (WTI) climbed for a third consecutive session, trading near $92.60 […]

The offshore yuan weakened to 6.76 per dollar on Wednesday, retreating from a more than three-year high reached in the previous session, as investors weighed mixed PMI data that highlighted the fragility of China’s economic recovery. A private survey showed China’s Composite PMI rose to a three-month high of 54 in May, with the services […]

The EUR/USD pair failed to rally despite stronger-than-expected Eurozone inflation data, suggesting that investors remain cautious about the euro’s strength amid mixed economic signals from the region. On one hand, inflation pressures appear to be re-emerging, while on the other, cyclical sectors such as manufacturing continue to show weakness, and the labor market is displaying […]

The Euro (EUR) remains vulnerable against the British Pound (GBP) on Tuesday, capped below 0.8650, consolidating losses from the previous two trading days. The hotter Eurozone inflation figures have failed to provide any significant support to the Euro, as they do not alter the view that the European Central Bank (ECB) will hike rates next week. Preliminary data released by Eurostat on […]

The euro held near $1.165 as investors processed mixed signals from Eurozone inflation data and the Middle East conflict. Euro-area inflation climbed to 3.2% in May, its highest in over two and a half years, driven by soaring energy costs tied to the war. However, core inflation accelerated more than expected to 2.5%, and services […]

The GBP/USD pair trades in positive territory around 1.3460 during the Asian trading hours on Tuesday. However, renewed tensions in the Middle East might cap the upside for the major pair as Iran has reportedly withdrawn from negotiations with the US. Traders will closely monitor the developments surrounding Middle East peace talks. Iran’s state media said […]

The NZD/USD pair trades with a negative bias for the second straight day, albeit it lacks bearish conviction and holds above the previous day’s swing low. Spot prices currently trade near the 0.5925-0.5920 region, down around 0.15% for the day on the back of a modest US Dollar (USD) strength. The USD Index (DXY), which tracks […]

USD/CHF moves little after registering modest gains in the previous day, trading around 0.7870 during the Asian hours on Tuesday. The pair steadies as the US Dollar (USD) remains firm on increased safe-haven demand after Tasnim news agency indicated that Tehran has halted indirect negotiations with the United States. Traders await the Swiss Trade Balance data release […]

The AUD/JPY cross trades in positive territory around 114.35 during the early European session on Tuesday. Traders will closely monitor the developments surrounding the Middle East ceasefire amid mixed signals from US President Donald Trump.  Trump stated early Tuesday that he believes an agreement to reopen the Strait of Hormuz and extend the ceasefire with […]

The offshore yuan strengthened to around 6.76 per dollar on Tuesday, holding near its strongest level since February 2023, as investors increasingly regarded Chinese assets as a relative safe haven amid heightened geopolitical tensions involving Iran. Geopolitical uncertainty persisted after the latest developments indicated that Iran had suspended indirect talks with Washington over Israel’s military […]

The New Zealand Dollar (NZD) holds marginal losses against the US Dollar (USD) on Monday, retreating to session lows of 0.5965 from highs a few pips below 0.6000. Manufacturing data from China has been supportive, although the skirmishes between the US and Iran are feeding a certain degree of cautiousness at the week’s opening. The […]

The EUR/GBP cross trades in negative territory near 0.8655 during the early European trading hours on Monday. The Euro (EUR) remains weak against the British Pound (GBP) following the upbeat German Retail Sales data. The preliminary reading of the Harmonized Index of Consumer Prices (HICP) from the Eurozone will be released on Tuesday.  Data released by Destatis on Monday showed that German Retail Sales, a […]

The USD/JPY pair trades 0.12% higher at around 159.45 during the early European trading session on Monday. The pair gains as the Japanese Yen (JPY) broadly underperforms amid uncertainty regarding whether the Bank of Japan (BoJ) will raise interest rates in the policy meeting on June 16. Japanese Yen Price Today The table below shows the percentage […]

The Indian Rupee (INR) opens on a positive note against the US Dollar (USD) at the start of the Reserve Bank of India (RBI) policy week. The USD/INR pair slides to near 94.78 as the Indian currency strengthens further amid solid hopes over the United States (US)-Iran permanent peace deal, even as oil prices have […]

The GBP/USD pair struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and oscillates in a narrow range around mid-1.3400s at the start of a new week. The US Dollar (USD) regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve (Fed) bets. This, […]

EUR/JPY steadies after six days of gains, trading around 185.70 during the Asian hours on Monday. The currency cross is maintaining a constructive bullish bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs). The alignment of price over short- and medium-term moving averages hints at sustained underlying demand, while the […]

The USD/CAD pair attracts some buyers for the second consecutive day and reclaims the 1.3800 mark during the Asian session on Monday. Spot prices, however, lack bullish conviction and remain below the highest level since April 13, near the 1.3870 region, touched last week amid a combination of diverging forces. The uncertainty over US-Iran talks […]

USD/CHF gains ground after two days of losses, trading around 0.7830 during the Asian hours on Monday. The pair gains ground as the Swiss Franc (CHF) weakens ahead of the release of key economic data including, Swiss Real Retail Sales for April, Q1 Gross Domestic Product, and May’s SVME – Purchasing Managers’ Index (PMI). Traders […]

The EUR/USD pair trades slightly lower to near 1.1645 during the Asian trading session on Monday. The major currency pair faces marginal selling pressure as the US Dollar (USD) ticks up, with investors awaiting key United States (US) economic releases this week, especially the Nonfarm Payrolls (NFP) data for May. As of writing, the US […]

The Japanese yen traded around 159.5 per dollar on Monday, remaining under pressure and hovering near the closely watched 160 level that previously triggered official intervention to support the currency. Data released on Friday showed that Japanese authorities spent ¥11.7 trillion intervening in foreign exchange markets in late April, confirming widespread market speculations. On the […]

The offshore yuan edged lower to around 6.76 per dollar on Monday, retreating from a more than three-year high reached in the previous session, as investors weighed mixed PMI data amid concerns about the economic impact of the ongoing Middle East conflict. Official data showed China’s Composite PMI rose to 50.5 in May from 50.1 […]

The Indian rupee strengthened to around 94.7 per dollar, reaching three-week highs as sustained intervention by the Reserve Bank of India boosted confidence in the currency. Expectations that the central bank will continue to curb excessive exchange-rate volatility ahead of its upcoming policy decision also supported sentiment. Markets are now focused on the RBI’s policy […]

Governor Breman’s Ultimatum: “Sooner and by More” In the most explicit tightening signal of the current monetary cycle, RBNZ Governor Anna Breman blindsided markets by announcing that the Official Cash Rate (OCR) is highly likely to rise sooner and by a larger magnitude than the central bank had previously forecasted This is not a gentle […]

The Canadian economy contracted by 0.1% in Q1 2026 , while the market had expected growth of as much as +1.5%. On a month-over-month basis, March saw a decline of 0.1% m/m (est. 0.0%), and annual GDP growth was a mere 0.4% y/y compared to the expected 0.9%. The data confirms that the Canadian economy […]

The pound was trading around $1.342 at the end of May, set for a monthly loss of over 1% against the USD. The decline came amid a mix of rising political uncertainty, following UK Prime Minister Keir Starmer’s Labour Party defeat in local elections, and ongoing US-Iran negotiations to end the three-month war, which has […]

g toward EURUSD. If the ECB ultimately decides to raise rates, the euro could benefit in the short term, although the central bank would risk further weakening economic activity in exchange for making additional progress in the fight against inflation. On the other hand, a decision to leave rates unchanged—despite markets being almost fully convinced […]

The EUR/USD pair loses momentum to around 1.1635 during the early European trading hours on Friday. Mixed signals surrounding the US-Iran peace deal remain the primary driver of volatility. Traders will keep an eye on the preliminary readings of Germany’s inflation later on Friday.  The White House confirmed that the US and Iran have reached an […]