Forex
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New Zealand Dollar remains confined in a range vs USD amid Iran risks, ahead of US CPI
NZD/USD struggles to gain any meaningful traction amid mixed fundamental cues. Geopolitical risks, inflation fears and Fed rate hike bets…
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Euro flat lines near mid-1.1500s vs USD as traders await US CPI amid Iran uncertainty
EUR/USD is seen consolidating in a narrow band as USD preserves modest recovery gains. Mideast tensions lift oil prices, fueling…
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Chart of the Day: USD/JPY Recovers After Disappointing Payroll Data
The USD/JPY exchange rate quickly recouped most of the losses triggered by the weak US labour market report and is…
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USD/CHF Price Forecast: Struggles below 0.8100 as bears eye 50-SMA pivotal support
USD/CHF trades with a negative bias for the second straight day, though it lacks bearish conviction. The disappointing US NFP…
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Euro holds gains near seven-week highs as economic sentiment improves
EUR/USD holds gains at 1.1560, consolidating near seven-week highs. Eurozone Sentix Investors Sentiment Index rose to a six-month high in…
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British Pound rallies to over one-week high as fiscal woes and rate gap hammer Yen
GBP/JPY gains strong positive traction at the start of a new week amid a broadly weaker JPY. Japan’s fiscal concerns…
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Offshore Yuan Retreats After Inflation Data
The offshore yuan weakened to around 6.74 per dollar on Monday, retreating from a more than three-year high reached in…
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South Korean Won Eases From Over 10-Month High
The South Korean won eased to around 1,415 per dollar, pulling back slightly from a recent over ten-month high, as…
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New Zealand Dollar drifts lower as USD recovers from post-NFP lows amid Mideast jitters
NZD/USD meets with a fresh supply on Monday as geopolitical risks underpin the USD. Higher oil prices fuel inflation fears…
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Dollar Index advances above 99.50 due to Middle East risks
US Dollar gains on strong safe-haven demand amid uncertainty around the Hormuz reopening. July’s surprise 23,000 US payroll drop and…
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