Forex
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EUR/USD rallies hard to reclaim 1.1500 for first time since November 2021
major to clear the 1.1500 threshold for the first time since November 2021. Growing concerns over a US economic recession…
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USD/CAD falls to near 1.3800, downside seems limited due to weaker Oil prices
USD/CAD declines as the US Dollar weakens amid growing concerns over the potential economic fallout from US-imposed tariffs. The Greenback…
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EUR/USD Consolidates After Reaching 39-Month Highs
The EUR/USD pair is consolidating after climbing to levels not seen since February 2022, yet it continues to trade near…
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Trade of The Day – CHF/JPY
Facts:The pair bounced off the key technical support area at 173.25The pair is trading above the 100-period moving average from…
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Chart of The Day – NZD/USD
The New Zealand dollar traded lower against the US dollar on Friday, settling at $0.591 as higher-than-expected inflation data failed…
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USD/JPY Holds losses below 142.50, support appears at seven-month lows
USD/JPY could retest the seven-month low of 141.61, recorded on Thursday. If the 14-day Relative Strength Index falls below the…
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USD/CHF remains below 0.8200 due to muted trading activity
USD/CHF remains under pressure as worries grow over the potential economic impact of US tariffs. The CME FedWatch Tool suggested…
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EUR/USD Gathers strength above 1.1350, bullish bias remains
EUR/USD gathers strength to near 1.1370 in Friday’s early European session. The constructive view of the pair prevails above the…
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Mexican Peso surges as Trump-Sheinbaum call eases trade tensions
Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting…
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EUR/USD gathers strength above 1.1350, ECB cuts interest rates by 25 bps
EUR/USD gains traction around 1.1370 in Friday’s early Asian session. ECB cut interest rates to their lowest level since late 2022. …
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