Forex
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GBP/USD weakens below 1.3300 as US Dollar rises
GBP/USD softens to around 1.3280 in Wednesday’s early Asian session. Markets react positively to Trump’s de-escalation, supporting the US Dollar. …
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NZD/USD strengthens above 0.5950 amid hopes for US-China trade deal
NZD/USD edges higher to near 0.5980 in Wednesday’s Asian session. The US Treasury secretary said a trade war with China…
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EUR/USD Bounces off 1.1300 neighbourhood; shows resilience below 23.6% Fibo.
EUR/USD drifts lower for the second straight day amid a further USD recovery from a multi-year low The technical setup…
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USD/CAD trades higher near 1.3850 due to potential de-escalation of ongoing tariff dispute
USD/CAD gains as the US Dollar strengthens after Treasury Secretary Scott Bessent hinted at a potential de-escalation in trade tensions.…
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AUD advances over optimism over ongoing US-China trade negotiations
The Australian Dollar retraces its losses registered in the previous session. Australia’s Judo Bank Purchasing Managers Index indicated that private…
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JPY remains on the back foot amid hopes for US-China trade deal
The Japanese Yen attracts some dip-buyers and stalls its pullback from a multi-month low against the USD. Hopes for a…
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EUR/JPY hangs near daily low, below 162.00 as traders eye Eurozone PMIs for fresh impetus
EUR/JPY surrenders a major part of Asian session gains, though the downside seems limited. Hopes for a US-Japan trade deal…
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USD/INR jumps on Pahalgam terror attack, US-China optimism
Indian Rupee softens in Wednesday’s Asian session. Terrorist attacks in Kashmir weigh on sentiment and undermine the INR, but continuous…
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USD/SEK Re-Tests 3 Year Lows After Strong Swedish Unemployment Report
The USDSEK pair continues its downward momentum after data from Sweden for March (seasonally adjusted) unexpectedly showed a low unemployment…
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EUR/CHF – Recommendation From HSBC
HSBC has issued a recommendation for the EURCHF currency pair. HSBC recommends taking a long position on the pair with…
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