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GBP/USD Forecast – Holds modest upside while staying anchored above 100-day EMA support
GBP/USD trades with mild gains near 1.3550 in Wednesday’s early European session. The positive outlook of the pair remains intact…
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EUR/USD Forecast – Consolidates below mid-1.1700s as Iran risks, Fed bets support USD
EUR/USD struggles to gain any meaningful traction as a combination of factors supports the USD. Fed rate hike bets and…
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Swiss Franc steadies above 0.7800 as traders brace for US PPI data
USD/CHF flat lines near 0.7805 in Wednesday’s early European session. Chinese and US leaders will hold talks in Seoul ahead…
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AUD/USD – Holds steady below mid-0.7200s as bulls await Trump-Xi summit
AUD/USD remains on the back foot for the second straight day amid a bullish US Dollar. The lack of follow-through…
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Offshore Yuan Remains at Over 3-Year Peak
The offshore yuan held steady for a second consecutive session at 6.79 per dollar on Wednesday, holding near its strongest…
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South Korean Won Falls to Over 1-Month Low
The South Korean won weakened to around 1,498 per dollar, extending losses to its lowest level in over a month,…
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Dollar Rises on Ceasefire Uncertainty
The dollar index moved back above 98 on Tuesday as President Trump cast doubt on the sustainability of US-Iran ceasefire…
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Japanese Yen drifts lower vs USD as weak Household Spending data counters hawkish BoJ
USD/JPY edges higher as Japan’s disappointing consumer spending data weighs on the JPY. Rising US-Iran tensions underpin the safe-haven USD…
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AUD/USD Eyes nine-day EMA support near 0.7200
AUD/USD may test the 0.7277, the highest since June 2022. The 14-day Relative Strength Index of 60 indicates resilient bullish…
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Sterling slips from peak as US CPI and UK GDP loom
US April CPI on Tuesday is forecast at 0.6% MoM and 3.7% YoY, with a hotter print likely to weigh…
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