Forex
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GBP gathers strength to near 1.3300 on Burnham’s commitment to fiscal rules, NFP data loom
GBP/USD attracts some buyers to around 1.3290 in Thursday’s Asian session. Burnham’s commitment to fiscal rules calms traders’ nerves, supporting…
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Australian dollar holds ground vs Japanese Yen amid May Trade Deficit
AUD/JPY remains calm following missing domestic trade data expectations. Australia’s Trade Balance shifted to a A$3,018M deficit in May, reversing…
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United States Dollar Index trades subduedly around 101.35 ahead of US NFP data
The US Dollar Index edges down to near 101.35 ahead of the US NFP data for June. Investors will closely…
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EUR/JPY Price Forecast: Edges lower below 185.00, while near-term bullish bias holds
EUR/JPY posts modest losses near 184.95 in Thursday’s early European session. The cross keeps a bullish near-term tone, but further…
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Swiss Franc declines ahead of Swiss Real Retail Sales, SVME PMI data
USD/CHF holds gains as the US Dollar remains stronger amid escalating geopolitical friction. The CME FedWatch tool shows fed funds…
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USD/JPY Price – Extends rally to near 162.70 amid soaring US bond yields
USD/JPY rises to near 167.73 as US Treasury Yields soar, following upbeat US JOLTS Job Openings data. Investors shift their…
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EUR/USD Price – Weakens to near 1.1400 as ECB hike bets recede, bearish vibe prevails
EUR/USD weakens to around 1.1410 in Wednesday’s early European session. The negative outlook of the major pair remains intact below…
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Canadian Dollar weakens as geopolitical uncertainty lifts US Dollar
USD/CAD rises as safe-haven demand boosted the US Dollar amid uncertainty surrounding the US-Iran peace talks in Doha. US envoys…
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EUR/JPY Price – Eyes 186.00 amid constructive bullish bias
EUR/JPY could test the upper boundary of a symmetrical triangle around 186.00. The 14-day Relative Strength Index at 57 indicates…
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AUD/JPY Price – Softens below 112.50, bias turns mildly bearish
AUD/JPY softens to near 112.20 in Wednesday’s early European session. The cross maintains a mildly bearish bias in the near…
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