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Forex

GBP/USD Tests confluence zone around 1.3450 support
GBP/USD tests the ascending channel’s lower boundary around 1.3450. The 14-day Relative Strength Index stays below 50, reinforcing the bearish…
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Forex

USD/INR gains at open as US immigration crackdown dampens Indian Rupee
The Indian Rupee fell to near 88.40 against the US Dollar following the US announcement of a one-time fee on…
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Forex

Australian Dollar struggles as US Dollar remains stronger on cautious Fed
Australian Dollar stays weak following the remarks from RBA Governor Michele Bullock. RBA’s Bullock said the central bank will continue…
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Euro

EUR/USD weakens below 1.1750 as Eurozone Consumer Confidence and Fedspeak loom
EUR/USD extends the decline to around 1.1730 in Monday’s early European session. The Fed cut interest rates last week but…
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Forex

Japanese Yen languishes near two-week low against stronger USD
The Japanese Yen drifts lower on Monday amid the uncertainty over the BoJ rate hikes. Sustained USD buying interest turns…
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Forex

GBP/JPY sticks to intraday recovery gains above mid-199.00s amid notable JPY weakness
GBP/JPY rebounds from a two-week low touched during the Asian session on Monday. The BoJ rate hike uncertainty weighs on…
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Forex

USD/CHF refreshes weekly high around 0.7970 as US Dollar outperforms
USD/CHF extends its upside to near 0.7970 amid strength in the US Dollar. Fed’s Daly stated that the interest rate…
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Economics

RBA Signals Vigilance Amid Steady Data, Gradual Rate Cuts
The Reserve Bank of Australia remains vigilant to shifts in the economic outlook, though recent data have largely met expectations,…
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Metals

Silver Hits Fresh 14-Year High
Silver rose to around $43.5 per ounce on Monday, reaching a fresh 14-year high as expectations of further US Federal…
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Metals

Beijing Targets Excess Steel Output in New Crackdown
China will “strictly” curb new steel production capacity, state broadcaster CCTV reported Monday, as the country moves to tackle overcapacity…
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