Forex
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EUR/JPY Bulls and bears jostle around 200-hour SMA, above mid-162.00s
EUR/JPY attracts some dip-buyers following an Asian session slide to the 162.00 mark. The technical setup warrants caution for bulls…
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The Japanese Yen sticks to intraday gains
The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI. The data reaffirms BoJ rate hike bets…
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EUR/USD gathers strength to near 1.1400 as Trump delays EU tariffs
EUR/USD edges higher to around 1.1395 in Tuesday’s Asian session. The Euro hits its highest since late April after Trump…
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AUD remains subdued despite a weaker US Dollar due to growing debt issues
The Australian Dollar holds losses below a level after pulling back from a six-month high of 0.6537. China Industrial Profits…
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Three Markets to Watch This Week
The previous week was marked by fiscal turmoil in the U.S., which sowed uncertainty about the financial stability of the…
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GBP/USD Hits fresh 39-month highs near 1.3600
GBP/USD may approach the ascending channel’s upper boundary at 1.3960. The 14-day Relative Strength Index (RSI) rises toward 50, strengthening…
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EUR/JPY Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA
EUR/JPY kicks off the new week on a stronger note in reaction to the latest trade optimism. The technical setup…
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EUR/USD rises to near 1.1400 as Trump extends tariff deadline on imports from EU
EUR/USD gains ground as President Trump extends the 50% tariff deadline on the EU imports until July 9. President Ursula…
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USD/CAD slides below 1.3700 mark, fresh YTD trough amid sustained USD selling
USD/CAD remains under some selling pressure at the start of a new week amid a weaker USD. US fiscal concerns…
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NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut
NZD/USD appreciates as the US Dollar extends its losses amid growing US-debt concerns. The US deficit could increase by $3.8…
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