USD
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US Dollar Index (DXY) consolidates around mid-98.00s as bulls await 200-day SMA breakout
DXY consolidates its gains registered over the past two days amid rising US-Iran tensions. Inflation fears fuel hawkish Fed bets…
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USD/CHF inches higher to near 0.7850 ahead of Swiss CPI data
USD/CHF gains ahead of Switzerland’s April Consumer Price Index data release scheduled for Tuesday. Swiss SVME PMI rose to 54.5…
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USD/CAD Price Forecast: Bulls hesitant above 1.3600 as Oil prices counter USD strength
USD/CAD stalls a two-day-old recovery move from a nearly two-month trough amid mixed cues. Elevated Oil prices underpin the Loonie,…
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EUR/USD Tests 50-day EMA support after slipping below 1.1700
EUR/USD tests immediate support at the 50-day EMA near 1.1682. The 14-day Relative Strength Index nears 50 underscores neutral momentum.…
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Pound Sterling remains on the back foot against firmer USD amid Mideast crisis
GBP/USD attracts some sellers for the third straight day as renewed US-Iran tensions benefit the USD. Rising Oil prices fuel…
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NZD/USD struggles above mid-0.5800s as Iran tensions and Fed outlook support USD
NZD/USD attracts sellers for the third straight day as Mideast tensions benefit the safe-haven USD. Rising Oil prices fuel inflationary…
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Japanese Yen steadies on Middle East tensions, intervention caution
USD/JPY trades on a flat note near 157.25 in Tuesday’s early Asian session. Rising tensions in the Middle East could…
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Chart of The Day – EUR/USD
The EUR/USD exchange rate is trading around 1.1719 on Monday, and despite seemingly positive industrial data, the eurozone is sending…
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Offshore Yuan Hits 2-Week High
The offshore yuan strengthened to around 6.81 per dollar on Monday, reaching a two-week high amid the extended Labour Day…
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EUR/USD Price Forecast: Holds above 1.1700 as bullish potential seems intact
EUR/USD struggles to capitalize on a modest bullish gap at the start of a new week. The technical setup favors…
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