Forex
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NZD the strongest currency after a hawkish surprise from the RBNZ
RBNZ: hawkish hold The RBNZ delivered a decision that the market interpreted as a classic “hawkish hold.” The Official Cash…
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Indian Rupee ticks higher as oil prices decline while Iran uncertainty persists
The Indian Rupee ticks higher against the US Dollar as oil prices decline. Iran alleges that the US is violating…
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British Pound remains close to monthly peak vs Japanese Yen amid Mideast tensions
GBP/JPY regains positive traction on Wednesday and draws support from a combination of factors. A modest USD downtick benefits the…
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AUD/NZD Price Forecast: Retreats below 1.2200 on hawkish RBNZ, weak Australian data
AUD/NZD retreats from 1.2286 highs to levels below 1.2200. A hawkish RBNZ and soft Australian CPI figures are hammering the…
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Offshore Yuan Returns to Over 3-Year High
The offshore yuan edged higher to around 6.78 per dollar on Wednesday, returning to its strongest level since February 2023,…
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GBP retreats from monthly high vs JPY; downside seems limited
GBP/JPY attracts some sellers on Tuesday and is pressured by a combination of factors. Rebounding USD, delayed BoE rate hike…
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EUR/JPY Price Hovers around 185.00, descending channel top
EUR/JPY hovers near the upper boundary of the channel around 185.00. The 14-day Relative Strength Index sits at 49.05 near…
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EUR/USD Price Near-term tone remains bearish as 20-day EMA slopes downwards
EUR/USD ticks lower to near 1.1633 as US forces strike at Iranian missile launcher sites. The US military clarified that…
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US Dollar Index holds gains above 99.00 due to renewed safe-haven demand
US Dollar Index rises after US forces launched self-defense strikes in southern Iran on Monday. Trump noted that Iran deal…
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Australian Dollar loses traction as US launches self-defence strikes on southern Iran
AUD/USD loses ground to near 0.7165 in Tuesday’s Asian session. US military said it carried out new strikes on southern…
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