Forex
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EUR/JPY Loses ground below 183.00 on BoJ rate hike signals, softening RSI momentum
EUR/JPY weakens to around 182.90 in Wednesday’s early European session. Members agree the central bank will likely continue raising rates…
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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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Dollar Continues to Fall
The dollar index fell for a fourth consecutive session on Tuesday, sliding to 97, its lowest level since mid-September, as…
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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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