Forex
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GBP/USD Price – Slides below 1.3250 after failing to break through 23.6% Fibo.
GBP/USD attracts fresh sellers on Wednesday as traders await speeches from central bank chiefs. The broader technical setup favors bearish…
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New Zealand Dollar Languishes Near 7-Month Low
The New Zealand dollar slipped to $0.566 on the first trading day of July, hovering near its lowest level in…
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Indian Rupee Extends Losses
The Indian rupee hovered around 94.7 per dollar, extending its recent losses as rising US Treasury yields strengthened the greenback…
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South Korean Won Weakens Toward 17-Year Low
The South Korean won weakened to around 1,557 per dollar, approaching its weakest level since March 2009 near 1,560 touched…
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Offshore Yuan Falls on China Growth Concerns
The offshore yuan weakened to around 6.79 per dollar on Monday, reversing gains from the previous session as renewed concerns…
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Trade of The Day – GBP/AUD
Facts: GBPAUD is trading above the 100-period moving average form D1 interval The pair broke above the key resistance at…
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USD/JPY has broken through a historic barrier — the yen is at its weakest since 1986
The Japanese yen reached 162.27 JPY per dollar, its lowest level in more than four decades. The USD/JPY pair thus…
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Technical Analysis – EUR/USD
Since mid-April, the EUR/USD pair has been trending downward. Recently, new lows were set and the March lows were broken,…
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Indian Rupee ticks down against US Dollar, US data in focus
The Indian Rupee edges down against the US Dollar as investors shift focus to an array of US data. Lower…
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GBP/USD Price – Retreats from one-week top as USD firms; 1.3300 holds the key
GBP/USD meets with a fresh supply and snaps a three-day winning streak to a one-week high. The US-Iran uncertainty and…
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