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AUD/NZD Price Forecast: Retreats below 1.2200 on hawkish RBNZ, weak Australian data
AUD/NZD retreats from 1.2286 highs to levels below 1.2200. A hawkish RBNZ and soft Australian CPI figures are hammering the…
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Offshore Yuan Returns to Over 3-Year High
The offshore yuan edged higher to around 6.78 per dollar on Wednesday, returning to its strongest level since February 2023,…
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EUR/USD Price Near-term tone remains bearish as 20-day EMA slopes downwards
EUR/USD ticks lower to near 1.1633 as US forces strike at Iranian missile launcher sites. The US military clarified that…
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US Dollar Index holds gains above 99.00 due to renewed safe-haven demand
US Dollar Index rises after US forces launched self-defense strikes in southern Iran on Monday. Trump noted that Iran deal…
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Australian Dollar loses traction as US launches self-defence strikes on southern Iran
AUD/USD loses ground to near 0.7165 in Tuesday’s Asian session. US military said it carried out new strikes on southern…
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USD/CHF Price Forecast: Strengthens on renewed US-Iran tensions, but technical outlook stays bearish
USD/CHF strengthens to around 0.7830 in Tuesday’s early European session. New US strikes dampen peace deal optimism, supporting the US…
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Canadian Dollar gains ground amid hopes of a deal to reopen the Strait of Hormuz
USD/CAD weakens to near 1.3805 in Monday’s early European session. The US Secretary of State said, “Either reach a good…
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Indian Rupee Rises to 2-Week High
The Indian rupee strengthened to around 95.4 per dollar, extending its rally for another session to a two-week high as…
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GBP/USD Price Forecast: Extends recovery to near 20-EMA amid risk-on mood
GBP/USD jumps to near 1.3480 as hopes of the US-Iran deal have improved market sentiment. US President Trump said the…
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RBI’s Malhotra: Indian Rupee may be undervalued
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the Indian Rupee (INR) may now be undervalued following its…
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