Forex
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British Pound weakens below 1.3550 on renewed US strikes on Iran
GBP/USD softens to around 1.3530 in Thursday’s early Asian session. The US military launched another wave of strikes against Iran. …
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Japanese Yen strengthens on intervention warning, cooling US inflation
USD/JPY edges lower to around 162.15 in Thursday’s Asian session. Japan’s Katayama said ready to take appropriate action on currency…
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EUR/JPY Price Positions near ascending triangle top around 186.00
EUR/JPY near the 186.10 ascending triangle ceiling suggests building bullish pressure. The 14-day Relative Strength Index at 56 indicates positive,…
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Swiss Franc holds losses as US Dollar recovers on Middle East tensions
USD/CHF remains stronger as the US Dollar recovers, fueled by safe-haven buying and prolonged high Fed rates. June CPI and…
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Rupee Remains Under Pressure
The Indian rupee hovered around 96.2 per dollar, remaining under pressure after reaching eight-week lows as sentiment weakened on rising…
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New Zealand Dollar Trades Near 6-Week High
The New Zealand dollar hovered near a six-week high at around $0.583, supported by expectations that the Reserve Bank of…
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South Korean Won Rises to Over 2-Month High
The South Korean won strengthened to around 1,485 per dollar, advancing for a fifth straight session and reaching its highest…
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Chart of the Day – What is next for July’s strongest currency?
The geopolitically turbulent start of July has brought a strengthening of commodity currencies (among them, the Norwegian krone). However, the…
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AUD/JPY Price Gains traction above 113.00, bullish trend stays firm above 100-day SMA
AUD/JPY gains ground to near 113.25 in Wednesday’s early European session. The cross keeps a bullish vibe above the 100-day…
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EUR/USD Price – Bulls remain cautious below 23.6% Fibo. and 1.1470 hurdle
EUR/USD trades with a positive bias for the second straight day amid a softer US Dollar. Escalating US-Iran tensions keep…
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