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GBP clings to gains against US Dollar, US CPI in focus
The British Pound trades firmly at around 1.3500 against the US Dollar. Investors await the US CPI data for July…
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Canadian Dollar sits near two-month top vs USD amid bullish oil prices
USD/CAD languishes near a two-month low as bullish oil prices continue to underpin the Loonie. Geopolitical uncertainties, inflation risks and…
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Japanese Yen holds range in thin holiday trading amid intervention speculations
Japanese Yen holds steady during Mountain Day holiday while markets weigh potential intervention amid thin liquidity. The BoJ may raise…
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New Zealand Dollar remains confined in a range vs USD amid Iran risks, ahead of US CPI
NZD/USD struggles to gain any meaningful traction amid mixed fundamental cues. Geopolitical risks, inflation fears and Fed rate hike bets…
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Euro flat lines near mid-1.1500s vs USD as traders await US CPI amid Iran uncertainty
EUR/USD is seen consolidating in a narrow band as USD preserves modest recovery gains. Mideast tensions lift oil prices, fueling…
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Chart of the Day: USD/JPY Recovers After Disappointing Payroll Data
The USD/JPY exchange rate quickly recouped most of the losses triggered by the weak US labour market report and is…
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USD/CHF Price Forecast: Struggles below 0.8100 as bears eye 50-SMA pivotal support
USD/CHF trades with a negative bias for the second straight day, though it lacks bearish conviction. The disappointing US NFP…
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Euro holds gains near seven-week highs as economic sentiment improves
EUR/USD holds gains at 1.1560, consolidating near seven-week highs. Eurozone Sentix Investors Sentiment Index rose to a six-month high in…
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Offshore Yuan Retreats After Inflation Data
The offshore yuan weakened to around 6.74 per dollar on Monday, retreating from a more than three-year high reached in…
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South Korean Won Eases From Over 10-Month High
The South Korean won eased to around 1,415 per dollar, pulling back slightly from a recent over ten-month high, as…
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