USD
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Trade of The Day: GBP/USD
Facts GBPUSD has been trading below the EMA10 on the D1 timeframe for the ninth consecutive session. RSI has returned…
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South African Rand Hovers Around 16.5 per USD
The South African rand has traded around 16.5 per USD since April, amid a resilient US dollar and heightened volatility…
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GBP/USD Price – Struggles to build on move beyond 1.3200 amid bearish setup
GBP/USD attracts some buyers for the second straight day amid a mildly softer US Dollar. The UK political crisis holds…
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Swiss Franc declines as Fed hike bets lift US Dollar
USD/CHF gains ground amid rising expectations of a Fed rate hike. The CME FedWatch tool shows that markets are pricing…
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EUR/USD Price – Holds above mid-1.1300s amid Hormuz risks, bearish setup
EUR/USD struggles to lure buyers on Friday as Hormuz risks support the safe-haven USD. Receding Fed rate hike bets keep…
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Australian Dollar drops to fresh lows since April vs USD amid global risk-off impulse
AUD/USD meets with a fresh supply on Friday, though the RBA’s hawkish tilt limits losses. Hormuz risks and Fed rate…
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Yen Stays Near 40-Year Low
The Japanese yen traded around 161.7 per dollar on Friday, hovering near its weakest level since 1986 despite data showing…
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Offshore Yuan Heads for 2nd Weekly Loss
The offshore yuan weakened to around 6.80 per dollar on Friday and was on track for a second consecutive weekly…
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South Korean Won Hits Three-Week Low
The South Korean won weakened to around 1,545 per dollar, extending losses to its lowest level in three weeks as…
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Chart of The Day – AUD/USD down despite strong Austarlian job market data
n labour market proved more resilient than expected, with the unemployment rate falling to 4.4% from a five-year high of…
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