Forex
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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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Euro consolidates below its highest level since June 17 as Mideast tensions support USD
EUR/USD consolidates below its highest level since June 17 amid a modest USD uptick. The USD looks to build on…
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British Pound moves away from multi-week top as Hormuz risks support USD
GBP/USD kicks off the new week on a softer note as geopolitical uncertainties support the USD. The disappointing US NFP…
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Japanese Yen comes under pressure as BoJ division, unexpected current account deficit
USD/JPY rises as split BoJ board views on future rate hikes keep the Yen on the defensive. Japan logged an…
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The CAD pulls back from two-month top as rebounding USD counters higher oil prices
USD/CAD kicks off the new week on a slightly positive note, though it lacks follow-through. Geopolitical uncertainties and bets for…
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Australian Dollar weakens as safe-haven demand lifts US Dollar
AUD/USD holds losses as US Dollar safe-haven demand rises amid heightened US-Iran tensions and Strait of Hormuz risks. A surprising…
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EUR/USD Buyers eye a break above the 100-day SMA
EUR/USD holds near a seven-week high as weak US payrolls weigh on the US Dollar. Bullish RSI and MACD readings…
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Mexican Peso hits five-month high on weak US jobs data
Mexican Peso rallies as weak NFP crushes Fed hike expectations. Mexican inflation falls to six-year low after Banxico hold. USD/MXN…
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GBP/USD Bulls need 1.3560 to unlock 1.3600
GBP/USD holds sideways, but upside bias survives above 1.3406. Break above 1.3558 opens the path toward 1.3600. Failure below 1.3500…
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EUR/JPY recovers from session low but remained down on Friday
The cross plunged near the start of the American session despite broad Euro gains elsewhere. The Yen jumped after the…
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