Forex
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United States Dollar Index holds gains near 101.50 on revival of hawkish Fed bets
The US Dollar Index holds gains near 101.50 on the resurgence of Fed’s interest rate hike prospects. Surging oil prices…
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British Pound rebounds above 1.3300
GBP/USD rebounds to around 1.3325 in Friday’s Asian session. The US launched the 13th consecutive night of strikes against Iran. …
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Japanese Yen flatlines near multi-decade low after CPI inflation data
USD/JPY steadies around 163.90 in Friday’s early Asian session. Japanese CPI inflation rose to 1.7% YoY in June from 1.5% in…
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Australian Dollar rebounds vs USD; Trump’s tariffs and US-Iran tensions cap gains
AUD/USD edges higher as Australia’s flash PMIs reaffirm RBA rate hike bets and lift the Aussie. Energy-driven inflation fears fuel…
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Canadian Dollar edges higher vs soft USD; bulls seem hesitant amid mixed cues
USD/CAD meets with a fresh supply amid a softer USD, though the downside seems limited. Retreating oil prices, the divergent…
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Euro rises as US Dollar weakens despite rising Middle East tensions
EUR/USD may fall as escalating Middle East tensions drive up oil prices and fuel Fed rate hike expectations. President Trump…
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Chart of The Day – No changes in the Far East, USD/JPY Hits New Highs
USD/JPY is breaking out to new 40-year highs above 163.30 , and the market is signalling that the acceleration in…
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Trade of The Day – GBP/JPY
Facts: The bounced off the lower limit of 1:1 structure at 217.52 Main trend on the pair remains upward Recommendation:…
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Japan Signals Readiness to Act on Yen Weakness
Japan’s Finance Minister Satsuki Katayama said on Wednesday that the government remains prepared to intervene in currency markets if excessive…
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Canadian Dollar edges higher amid bullish oil prices; upside potential seems limited
USD/CAD edges lower during the Asian session, though the downside remains limited. Bullish oil prices underpin the Loonie and cap…
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