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Pound Sterling partially recovers after dovish BoE hold triggers losses
The Pound Sterling bounces back against its major currency peers, recovering some of the previous day’s losses. A higher-than-expected number…
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EUR/USD hovers near lows amid risk-off markets
EUR/USD remains capped below 1.1800, with 1.1765 low at hand. The overall risk-averse sentiment and weak German Industrial data are…
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USD/CHF falls to near 0.7760 as US Dollar’s rally hits pause
USD/CHF drops to near 0.7765 as the US Dollar corrects amid increase in dovish Fed expectations. Weak US job data…
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GBP/USD Price Forecast: Trades above 1.3500 after rebounding from 50-day EMA
GBP/USD rebounded from support near 1.3520 at the channel base, followed by the 50-day EMA. The 14-day Relative Strength Index…
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USD/CAD holds below 1.3700 amid weak US labor data, higher crude oil prices
USD/CAD posts modest losses around 1.3685 in Friday’s early European session. US weekly jobless claims increased more than expected last…
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Offshore Yuan Set for Biggest Weekly Gain Since 2023
The offshore yuan held around 6.93 per dollar on Friday, heading for its strongest weekly gain since May 2023, supported…
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Australian Dollar Eases from 3-Year Highs
The Australian dollar held its recent losses below $0.70 on Friday, pulling back from three-year highs, as broad-based selling across…
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Yen Set for Sharp Weekly Drop
The Japanese yen steadied around 156.8 per dollar on Friday, but was still set to lose more than 1% for…
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New Zealand Dollar Remains Near 2-Week Lows
The New Zealand dollar edged up to $0.596 but stayed close to its lowest level in almost two weeks, amid…
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Korean Won Rises on Currency Inflows
The South Korean won rose to around 1,470 per dollar, pausing losses after hitting a two-week low, supported by signals…
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