Forex
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Mexican Peso firms as inflation accelerates more than expected
The Mexican Peso remains supported by improved risk sentiment ahead of US-China trade talks Mexico’s inflation report highlights elevated price…
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USD/CAD Remains confined in a multi-week-old range; not out of the woods yet
USD/CAD recovers further from YTD low amid some follow-through USD buying. The Fed’s hawkish pause and trade-related optimism lend support…
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EUR/GBP remains subdued around 0.8500 due to US-UK trade deal hopes, BoE decision in focus
EUR/GBP struggles on hopes that the Trump administration may soon announce a trade agreement with the United Kingdom. The BoE…
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NZD/USD trades higher near 0.5950 ahead of potential US-China trade talks
NZD/USD rebounds amid optimism over potential easing of US-China trade tensions. New Zealand PM Luxon highlighted that although financial markets…
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EUR/USD holds steady above 1.1300 amid softer USD; lacks bullish conviction
EUR/USD edges higher on Thursday amid the emergence of fresh USD selling. Trade-related uncertainties hold back investors from placing directional…
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GBP/USD appreciates to near 1.3350, rebounds due to potential US-UK trade deal
GBP/USD strengthens amid speculation that the Trump administration is poised to announce a trade agreement with the United Kingdom. The…
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JPY remains on the front foot against a broadly weaker USD
The Japanese Yen reverses a part of the previous day’s losses against its American counterpart. Bets that the BoJ will…
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USD/INR extends gains due to Fed’s cautious policy outlook, India-Pakistan tensions
Indian Rupee loses ground due to weakened market sentiment following the Fed’s cautious policy outlook. The Fed acknowledged growing risks…
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USD/CAD trades with negative bias above 1.3800 amid uptick in Oil prices, weaker USD
USD/CAD attracts fresh sellers on Thursday and is pressured by a combination of factors. The USD bulls remain on the…
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Nomura Recommendation – USD/JPY
Nomura has issued a recommendation for the USDJPY currency pair. Nomura recommends taking a short position on the pair with…
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