Forex
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Canadian Dollar retreats on sliding oil prices as USD recovers on Fed bets, Mideast risks
USD/CAD attracts some buyers amid a goodish USD recovery from the lowest level since June 17. Escalating US-Iran tensions keep…
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Euro rallies further above 185.00 against Japanese Yen after BoJ’s policy decision
The Euro surges further against the Japanese Yen to near 185.20 after the BoJ leaves interest rates unchanged at 1%.…
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EUR/USD Price Weakens to near 1.1500 as 100-day SMA caps upside
EUR/USD weakens to near 1.1500 in Friday’s early European session. The pair keeps a bearish vibe in the near term…
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Australian Dollar sticks to intraday gains as BoJ’s on-hold decision keeps Yen pressured
AUD/JPY attracts follow-through buyers and recovers further from its lowest level since April. The wide rate gap between Japan and…
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Offshore Yuan Holds at Strongest Level Since 2023
The offshore yuan held its gains around 6.74 per dollar on Friday, remaining at its strongest level since February 2023,…
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Trade of The Day – GBP/AUD
Facts: GBPAUD is trading below the 100-period moving average from H4 interval The pair failed to break above the 1:1…
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U.S. GDP Below Estimates! EUR/USD Struggles For Direction!
14:30 CET, United States, GDP and PCE reports: US GDP QoQ Advance Actual 1.5% (Forecast 2%, Previous 2.1%) US Core…
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South Korean Won Hits Over 5-Month High
The South Korean won strengthened to around 1,441 per dollar in late July, extending gains to its strongest level since…
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AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4
AUD/USD struggles to capitalize on a modest Asian session uptick to the 0.6965 region. Escalating US-Iran tensions and Fed hike…
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United States Dollar Index regains ground on further escalation in Middle East war
The US Dollar rebounds slightly to near 100.92 after a sharp plunge on Wednesday. Escalating military aggression between the US…
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