Forex
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USD/CHF climbs above 0.8150 after rebounding from lowest since September 2011
USD/CHF rebounds from 0.8099, the lowest since September, recorded on Friday. The Swiss Franc may regain its ground due to…
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Chart of The Day – USD/CNH
The escalation of the trade war between China and the U.S. has motivated the People’s Bank of China (PBOC) to…
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EUR/GBP – Recommendation From Nomura
Nomura has published a recommendation for the EURGBP currency pair. Nomura recommends taking a long position on the following conditions:…
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NZD/USD advances to near 0.5850 following stronger-than-expected Chinese trade data
NZD/USD appreciates as the US Dollar struggles amid increasing investor concerns, leading to a shift away from US assets. The…
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GBP/USD holds steady near 1.3100, bulls have the upper hand amid bearish USD
GBP/USD kicks off the new week on a positive note amid sustained USD selling bias. The weakening confidence in the…
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EUR/USD remains subdued around 1.1350 after two days of gains
EUR/USD weakened despite a softer US Dollar, as escalating trade tensions between the US and China weighed on market sentiment.…
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JPY remains on the front foot against USD amid heightened safe-haven demand
The Japanese Yen continues to attract safe-haven flows amid the escalating US-China trade war. Hopes that Japan might strike a…
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USD/CAD falls toward 1.3850 due to potential US recession, persistent inflation
USD/CAD declines as the US Dollar faces pressure from investor concerns, leading to a shift away from US assets. The…
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AUD holds gains following China’s trade balance data
The Australian Dollar remains stronger following China’s import-export data released on Monday. China’s Trade Balance came in at $102.64B for…
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CAD gains further ground as market flows continue to reverse
The Canadian Dollar gained another 0.66% on Friday. Market flows are reversing out of the Greenback, pushing Loonie bids higher.…
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