Forex
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GBP/USD Hits fresh 39-month highs near 1.3600
GBP/USD may approach the ascending channel’s upper boundary at 1.3960. The 14-day Relative Strength Index (RSI) rises toward 50, strengthening…
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EUR/JPY Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA
EUR/JPY kicks off the new week on a stronger note in reaction to the latest trade optimism. The technical setup…
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EUR/USD rises to near 1.1400 as Trump extends tariff deadline on imports from EU
EUR/USD gains ground as President Trump extends the 50% tariff deadline on the EU imports until July 9. President Ursula…
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USD/CAD slides below 1.3700 mark, fresh YTD trough amid sustained USD selling
USD/CAD remains under some selling pressure at the start of a new week amid a weaker USD. US fiscal concerns…
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NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut
NZD/USD appreciates as the US Dollar extends its losses amid growing US-debt concerns. The US deficit could increase by $3.8…
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USD/INR loses momentum on weaker US Dollar
Indian Rupee recovers in Monday’s Asian session. Mounting concerns about US fiscal health and weaker US Dollar support the INR. …
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JPY bulls have the upper hand amid trade optimism and hawkish BoJ expectations
The Japanese Yen turns higher against a broadly weaker USD following an early Asian session slide. Hopes for an eventual…
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AUD remains stronger as US Dollar struggles on growing debt concerns
The Australian Dollar strengthens as the US Dollar attracts sellers due to rising US economic concerns. However, the AUD may…
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EUR/GBP remains above 0.8400 following German GDP, UK Retail Sales data
EUR/GBP holds gains as German GDP QoQ climbed 0.4% in Q1, against the expected 0.2% increase. The Euro may struggle…
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USD/CHF drops to near 0.8250 as US Dollar retraces gains due to growing debt concerns
USD/CHF trades lower as the US Dollar struggles due to growing concerns over the fiscal deficit in the United States.…
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