Forex
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New Zealand Dollar gains ground to near 0.5800 as US-Iran Presidents signs agreement to end war
NZD/USD gains ground to near 0.5790 in Thursday’s Asian session. New Zealand’s Q1 annual GDP beat the estimates. Fed held…
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AUD/USD Price Forecast: Eyes 0.7050 on weaker USD; 100-day SMA holds the key for bulls
AUD/USD attracts fresh buyers on Thursday as the US-Iran peace deal undermines the USD. The hawkish RBA further benefits the…
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Indian Rupee Retreats on Firmer Dollar
The Indian rupee hovered around 94.6 per dollar, retreating from recent gains as the US dollar strengthened after the Federal…
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Chart of the Day – A New Era at the Fed and the Hawkish Shadow of the ECB. EUR/USD at a Turning Point
EURUSD starts today’s session in a noticeably tense yet somewhat uneven atmosphere, where the market lacks a single dominant narrative.…
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United Kingdom CPI inflation holds steady in April: What 2.8% means for British Pound
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8%…
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Offshore Yuan Holds Near a Multi-Year High
The offshore yuan traded around 6.75 per dollar on Wednesday, remaining close to its strongest level since February 2023 after…
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Eur sticks to positive bias above 1.1600 as bulls await Fed rate decision
EUR/USD attracts some buyers for the third straight day as the US-Iran peace deal undermines the USD. The ECB’s hawkish…
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Indian Rupee remains flat as risk-on mood weighs on US Dollar
The Indian Rupee holds ground as oil prices continue to ease. Indian shares opened higher but edged lower as caution…
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Japanese Yen gains ground as traders await Fed rate decision
USD/JPY weakens to around 160.25 in Wednesday’s early European session. Fed is set to leave its interest rate unchanged at…
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US Dollar Index weakens to near 99.50 on US‑Iran peace deal optimism ahead of Fed rate decision
US Dollar Index softens to around 99.50 in Wednesday’s Asian session. A US-Iran peace deal will be signed at Switzerland’s mountainside…
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