Forex
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British Pound edges higher to near 1.3650, UK Retail Sales data looms
GBP/USD strengthens to around 1.3645 in Friday’s early Asian session. A disappointing US jobs report and softer inflation data dialed…
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United States Dollar Index trades around 99.75-99.70, hangs near three-month low
DXY struggles to capitalize on the previous day’s modest bounce from an over three-month trough. Receding Fed-hike bets undermine the…
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Australian Dollar gains ground above 0.7100 as US debt concerns weigh on US Dollar
AUD/USD edges higher to around 0.7135 in Friday’s Asian session. Traders are still worried about growing US debt, undermining the…
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Swiss Franc edges up against US Dollar amid heightened US debt concerns
The Swiss Franc bounces back against the US Dollar after a corrective move on Thursday. Ballooning US government debt levels…
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South Korean Won Extends Gains to 11-Month High
The South Korean won traded toward 1,382 per dollar, extending gains to its strongest level since mid-September 2025, as a…
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Trade of The Day – GBP/CHF
Facts GBPCHF returned today above the 50-day exponential moving average (EMA50; dark violet) and the lower 2-week Bollinger Band (black).…
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Chart of The Day – USD/JPY Falls Ahead of a Key Test for the Yen
The USDJPY pair weakened by over 0.9% yesterday, significantly moving away from the key psychological barrier at the 160 level.…
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Offshore Yuan Strongest Since 2023
The offshore yuan strengthened to around 6.72 per dollar on Thursday, extending overnight gains and reaching its strongest level since…
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Trade of The Day – USD/CAD
Facts: USDCAD is trading in a downward trend since the beginning of July The pair reacted to the key resistance…
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Euro trims gains against British Pound after UK CPI inflation rises to 2.9%
EUR/GBP trims gains near 0.8555 in Wednesday’s early European session. UK CPI inflation jumped to 2.9% YoY in July, the…
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