Forex
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EUR/USD continues to muddle along ahead of key Fed showing
EUR/USD found mild technical support from 1.1300 on Tuesday. Wednesday’s key Fed rate call looms large ahead in the midweek.…
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AUD/USD rises above 0.6500 following domestic data, US-China trade talks eyed
AUD/USD gains ground following the release of domestic mid-tier economic data on Wednesday. US Treasury Secretary Bessent and Trade Representative…
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Japanese Yen drifts lower as investors cheer US-China trade talks
The Japanese Yen snapped a three-day winning streak against the USD on Wednesday. The US-China trade talks optimism is seen…
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NZD/USD moves away from over two-week high, slides back below 0.6000 mark
NZD/USD struggles to capitalize on a modest intraday uptick to over a two-week top. The mixed NZ jobs data and…
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USD/CAD advances to near 1.3800 despite improved risk sentiment, Fed decision awaited
USD/CAD rises as investors adopt a cautious stance ahead of the Fed interest rate decision. US Treasury Secretary Bessent and…
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USD/INR faces headwinds despite India-Pakistan tensions, RBI’s intervention seems possible
Indian Rupee appreciates due to possible RBI’s intervention following India-Pakistan tensions. USD/INR encounters resistance, supported by India’s limited dependence on…
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EUR/USD Gives Back Gains on Euro-Zone Services PMI’s
09:45 AM GMT, Italy – PMI Data for April: HCOB Italy Services PMI: actual 52.9; forecast 51.3; previous 52.0; HCOB Italy Composite PMI: actual…
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USD/CHF holds above 0.8200; upside seems limited
USD/CHF bulls remain on the sidelines amid the lack of any meaningful USD buying interest. Sustained safe-haven demand underpins the…
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GBP/USD Hovers around 1.3300 as nine-day EMA caps upside
GBP/USD faces initial resistance at the nine-day EMA of 1.3303. The 14-day RSI remains above 50, suggesting a bullish bias…
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EUR/USD Remains confined in a range around 1.1300 ahead of FOMC meeting
EUR/USD struggles for a firm near-term direction as traders await the crucial FOMC meeting. The recent breakdown below the 100-period…
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