Forex
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JPY edges lower amid receding safe-haven demand; downside seems limited
The Japanese Yen lacks any firm intraday direction on Wednesday amid mixed fundamental cues. A positive risk tone and disappointing…
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US Dollar back to flat after White House calls Amazon hostile
The US Dollar trades back to flat, erasing earlier bounce after Bessent’s comments at the White House. The Trump…
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EUR/USD drops as ECB officials highlight downside risks to Eurozone inflation
EUR/USD faces slight pressure above 1.1400 as the US Dollar steadies, with investors seeking clarity on the US-China trade outlook.…
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Chart of The Day – USD/CAD
The Canadian dollar (CAD) is one of the stronger G-10 currencies today following the federal elections in Canada held on…
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NZD/USD falls to near 0.5950 due to shifting US-China trade signals
The US Dollar is strengthening amid growing optimism over improved US-China trade relations. President Trump emphasized progress in talks and…
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EUR/CAD remains below 1.5800 after projections show likely minority Carney government
EUR/CAD seesaws between tepid gains/minor losses after the Canadian election outcome. Bearish Crude Oil prices undermine the Loonie and act…
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GBP/JPY flat lines below 191.00 mark despite broadly weaker JPY
GBP/JPY struggles to gain any meaningful traction on Tuesday amid mixed cues. Trade deal hopes undermine the safe-haven JPY and…
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EUR/USD Remains capped below 1.1400, bullish bias prevails
EUR/USD tumbles to around 1.1375 in Tuesday’s Asian session. The positive view of the pair prevails above the key 100-day…
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USD/CHF Tests nine-day EMA barrier near 0.8250
USD/CHF is testing immediate resistance at the nine-day EMA, positioned at 0.8243. The 14-day RSI climbs above the 30 level,…
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JPY keeps the red amid positive risk tone; downside seems limited
The Japanese Yen attracts some sellers as easing trade tensions undermines safe-haven demand. Hopes for a US-Japan trade deal and…
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