Forex
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Indian Rupee ticks down against US Dollar, US data in focus
The Indian Rupee edges down against the US Dollar as investors shift focus to an array of US data. Lower…
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GBP/USD Price – Retreats from one-week top as USD firms; 1.3300 holds the key
GBP/USD meets with a fresh supply and snaps a three-day winning streak to a one-week high. The US-Iran uncertainty and…
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USD/CAD Price – Holds gains above 1.4200, bullish trend intact despite overbought signals
USD/CAD gains momentum to near 1.4235 in Tuesday’s early European session. The pair keep the bullish vibe, but further consolidation…
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Australian Dollar struggles against Japanese Yen despite hawkish RBA Minutes
AUD/JPY falls despite hawkish RBA Minutes showing readiness to raise rates further if financial conditions require it. China’s manufacturing and…
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New Zealand Dollar remains depressed as USD benefits from Iran risks and hawkish Fed
NZD/USD edges lower as geopolitical risks and hawkish Fed bets help revive the USD demand. The better-than-expected official PMIs from…
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United States Dollar Index strengthens above 101.00 on Fed rate hike bets
US Dollar Index gains momentum to around 101.30 in Tuesday’s early European session. Growing chances of US rate rises and…
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EUR/USD Price – Looks to extend intraday descent below 1.1400 on firmer USD
EUR/USD meets with a fresh supply as Iran risks and hawkish Fed bets revive USD demand. Receding bets for a…
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Swiss Franc declines ahead of KOF Leading Indicator
USD/CHF rises as the Swiss Franc weakens ahead of KOF data, despite forecasts predicting an increase to 98.2. The US…
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Euro softens against Japanese Yen as traders on alert for possible intervention
EUR/JPY weakens to near 184.85 in Tuesday’s early European session. Japan’s Katayama said the government was ready to take appropriate…
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Offshore Yuan Heads for Monthly Loss
The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger…
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