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Chart of The Day – USD/JPY
Today, the Japanese yen (JPY) is among the strongest performing currencies, strengthening sharply following the recent announcement of new U.S.…
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GBP/USD appreciates to near 1.2850
GBP/USD edged higher after US President Donald Trump signaled a willingness to engage in trade negotiations. US Customs and Border…
Read More » USD/INR jumps as RBI cuts Repo Rate by 25 bps to 6.00%
The Indian Rupee loses momentum in Wednesday’s Asian session. RBI’s MPC cut the Repo Rate by 25 bps to 6.0%…
Read More »NZD/USD Rebounds from sub-0.5500 levels/multi-year low; not out of the woods yet
NZD/USD reverses an intraday slide to a multi-year low after the RBNZ’s rate decision. Bets for multiple Fed rate cuts…
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Australian Dollar trims recent gains as US reciprocal tariffs take effect
The Australian Dollar faces headwinds as reciprocal tariffs came into effect on Wednesday. The AUD remains vulnerable as the US…
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EUR/USD attracts some buyers above 1.1050, FOMC Minutes in focus
EUR/USD gains traction to around 1.1065 in Wednesday’s early European session. Trump’s new reciprocal tariffs took effect on Wednesday. ECB…
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JPY/USD retreats slightly after retesting multi-month high against broadly weaker USD
The Japanese Yen continues to benefit from US tariffs-inspired global flight to safety. Hopes for a US-Japan trade deal further…
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EUR/USD could target the 1.1100-1.1200 level
The U.S. announced 104% duties on Chinese imports, set to take effect shortly after midnight. The Dollar Index on confirmed break…
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NZD/USD – Recommendation From Credit Agricole
Crédit Agricole Research has issued a recommendation for the NZDUSD currency pair. Crédit Agricole Research recommends taking a long position…
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EUR/USD – Recommendation From Credit Agricole
Crédit Agricole Research has issued a recommendation for the EURUSD currency pair. Crédit Agricole Research recommends taking a short position…
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