Forex
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New Zealand Dollar remains firm above 0.5700 after Chinese services PMI data
NZD/USD strengthens to near 0.5705 in Friday’s Asian session. China’s RatingDog Services PMI eased to 54.1 in June, vs 54.4 US…
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AUD/JPY Price – Holds gains near 112.00, but bearish bias persists below key moving averages
AUD/JPY edges higher to near 111.75 in Friday’s early European session. The cross keeps the bearish vibe, with subdued RSI…
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EUR/USD Price – Trades cautiously higher near mid-1.1400s amid mixed setup
EUR/USD gains positive traction for the second straight day amid a modest USD weakness. Receding bets for an interest rate…
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GBP/USD Price – Gathers strength above 1.3350, but stays capped below 100-day average
GBP/USD gains ground to near 1.3360 in Friday’s early European session. The major pair remains capped below the key 100-day…
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Dollar Holds Decline on Soft Jobs Report
The dollar index held below 101 on Friday after tumbling in the previous session, as weaker-than-expected US labor market data…
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Rupee Pauses Losses on Softer Dollar
The Indian rupee hovered around 95.2 per dollar, pausing recent losses as the greenback softened on softer-than-expected labor data. June…
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Trade of The Day – GBP/USD
Facts: The price bounced off the upper limit of 1:1 structure GBPUSD sits below the 200-period moving average from H4…
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Today Markets – NFP Preview
NFP preview: Will there be a World Cup boost? The June payrolls report is released today at 1330 BST, a…
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Chart of The Day – Is The USD/JPY in a stable trend or at a turning point?
USDJPY is trading slightly lower this morning at 162.70 (-0.15%) after hitting new multi-year highs around 163, as the market…
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EUR/USD Price Forecast: Approaches 1.1400 as bearish flag remains in play
EUR/USD attracts some buyers and moves away from the weekly low. The upside seems limited as traders keenly await the…
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