Forex
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Swiss Franc gains ground ahead of Trade Balance data
USD/CHF slips as SNB Minutes showed cautious policymakers, boosting safe-haven Swiss Franc demand. The US Dollar falls despite escalating hostilities…
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AUD/USD Recovers to near 0.7000 amid US Dollar’s weakness
AUD/USD rises to near 0.6995 after a weak opening. The Fed is highly anticipated to leave interest rates unchanged in…
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EUR/JPY Price Holds above nine-day EMA support at 185.50
EUR/JPY may find immediate resistance at the ascending triangle top near 186.10. The 14-day Relative Strength Index of 55.33 signals…
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Offshore Yuan Hovers Near 1-Week Low
The offshore yuan hovered around 6.77 per dollar on Monday, remaining near a one-week low as investors weighed escalating tensions…
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New Zealand Dollar Remains Firm
The New Zealand dollar remained at a six-week high, hovering around $0.584, as the prospect of additional rate hikes at…
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Korean Won Pauses Gains on Oil Rally
The South Korean won hovered around 1,480 per dollar, pausing recent gains after climbing to its strongest level since mid-May,…
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GBP weakens below 1.3500 as US launches new wave of strikes against Iran
GBP/USD softens to near 1.3470 in Friday’s Asian session. The US launched a new wave of strikes against Iran for…
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AUD moves away from three-week top as geopolitics and Fed hike bets lift USD
AUD/USD attracts some sellers for the second straight day amid a modest USD uptick. Escalating US-Iran tensions, reviving inflation fears,…
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Japanese Yen softens on renewed US-Iran tensions, Japan flags intervention risk
USD/JPY trades with mild gains around 162.40 in Friday’s Asian session. The US is carrying out major strikes on Iran…
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Chinese Yuan loses as safe-haven demand lifts US Dollar
USD/CNH climbs as rising Middle East tensions drive investors toward the US Dollar as a safe-haven asset. Iran told Houthi…
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