Forex
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EUR/JPY Keeps bullish vibe, first upside target emerges above 163.00
EUR/JPY extends the decline to near 162.35 in Thursday’s early European session, down 0.25% on the day. The positive view…
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JPY stands firm near two-week top against USD on BoJ rate hike bets
The Japanese Yen attracted some dip-buyers following upbeat domestic data. BoJ rate hike bets and reviving safe-haven demand also lend…
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GBP/USD rises to near 1.3450 ahead of UK PMI data
GBP/USD strengthens as the US Dollar continues to weaken on Moody’s downgrading of the US credit rating. Fed policymakers partially…
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USD/INR softens ahead of Indian/US PMI releases
Indian Rupee gains traction in Thursday’s Asian session. The strength in Asian peers and a softer US Dollar underpin the…
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AUD holds ground as US Dollar struggles on shaky market sentiment
The Australian Dollar strengthens as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May,…
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EUR/USD hovers near 1.1350, two-week highs ahead of HCOB PMI for Eurozone
EUR/USD strengthens as HCOB PMI data are expected to show overall growth in business activity in May. S&P Global US…
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NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day. New Zealand’s Trade Surplus…
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JPY adds to intraday gains amid hawkish BoJ expectations; USD/JPY plummets below 144.00
The Japanese Yen prolongs its uptrend against the USD amid the divergent BoJ-Fed expectations. Hopes for an eventual US-Japan trade…
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AUD holds gains as USD extends losses on Fed caution
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment. Federal…
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USD/INR rises amid ongoing US Dollar demand
Indian Rupee extends the decline in Wednesday’s Asian session. A fall in local equities and ongoing US Dollar demand weigh…
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