Forex
-

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…
Read More » -

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…
Read More » -

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…
Read More » -

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:…
Read More » -

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…
Read More » -

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…
Read More » -

UK CPI set to show receding inflation in June as GBP/USD fails at May highs
The UK’s ONR Office publishes the June CPI data on Wednesday. The UK headline CPI is expected to ease toward…
Read More » -

United States Dollar Index weakens to near 101.00 despite mounting Middle East tensions
US Dollar Index softens to around 101.15 in Wednesday’s Asian session. Market expectations point to unchanged Fed policy next week, with…
Read More » -

EUR/JPY Price Tests ascending triangle top above 186.00
EUR/JPY is testing the ascending triangle’s upper boundary near 186.20. The 14-day Relative Strength Index at 57.48 suggests constructive but…
Read More » -

New Zealand Dollar Holds Near 6-Week High
The New Zealand dollar steadied at 0.582, remaining near a six-week high, supported by growing expectations of further interest rate…
Read More »









