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Australian Dollar holds losses as US Dollar rises ahead of Fed policy decision
Australian Dollar stays subdued after Australia’s December CPI data was released on Wednesday. Australia’s December inflation rose to 3.6% year-over-year,…
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USD/INR advances as US Dollar gains on Fed cautious outlook
USD/INR rebounds toward its record high of 91.96. The Indian Rupee could regain support as sentiment improves on the India–EU…
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Offshore Yuan Trades Near 32-Month High
The offshore yuan traded around 6.93 per dollar on Wednesday, hovering near its highest level since May 2023, mainly buoyed…
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South Korean Won Approaches 3-Month High
The South Korean won strengthened to around 1,428 per dollar on Wednesday, extending gains to its strongest level in almost…
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New Zealand Dollar Hovers Near 6-Month High
The New Zealand dollar fell to around $0.601 on Wednesday but remained near a six-month high, amid expectations of tighter…
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Forex – EUR/USD Surges to Four and Half Year High
US Conference Board Index: 84.5 vs 91 exp. and 89.1 previously Richmond Fed Comp. Index Actual -6 (Forecast -5, Previous…
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Trade of The Day – USDCAD
Facts:USDCAD is trading in a downward trend from mid-JanuaryThe pair bounced off the key resistance at 1.3730 Recommendation: Trade: Short USDCAD…
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Currency Talk – USD/JPY, AUD/USD and CAD/JPY
The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only…
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Pound Holds Near Multi-Month High
The British pound traded above $1.365, hovering near its strongest level since early July, supported by a weaker US dollar…
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Offshore Yuan Eases on Weaker Fixings
The offshore yuan edged down below 6.96 per dollar on Tuesday, easing from a thirty-two-month-high after the People’s Bank of…
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