Forex
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NZD/USD extends the rally to near 0.6000 ahead of RBNZ rate decision
NZD/USD gains momentum to near 0.6000 in Tuesday’s early Asian session. Investors remain concerned over the mounting US national deficit,…
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GBP/USD maintains position above 1.3550 near 39-month highs due to risk-on mood
GBP/USD holds gains near the 39-month high of 1.3593. The US Dollar struggles as risk appetite increases amid easing US-EU…
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USD/INR holds steady amid a softer US Dollar
The Indian Rupee steadies in Tuesday’s Asian session. A weaker US Dollar and stronger Chinese Yuan could support the INR,…
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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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