Forex
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EUR/USD climbs above 1.1600; eyes 200-day SMA barrier amid weaker USD
EUR/USD attracts buyers for the fourth consecutive day amid sustained USD selling bias. The divergent Fed-ECB policy outlooks favor bulls…
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GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar
GBP/USD rises as the US Dollar struggles due to rising expectations of a Federal Reserve rate cut CME FedWatch Tool…
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Japanese Yen stands firm near one-week high against USD
The Japanese Yen attracts fresh buyers amid intervention fears, reviving BoJ rate hike bets. Dovish Fed expectations drag the USD…
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USD/CAD Falls toward lower ascending channel boundary near 1.4000
USD/CAD may find a primary barrier at the nine-day EMA of 1.4059. The 14-day Relative Strength Index has slipped to…
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Australian Dollar strengthens as US Dollar dips on Fed rate cut odds
The Australian Dollar remains stronger as Private Capital Expenditure rose by 6.4% QoQ in Q3. The AUD strengthened after the…
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US Dollar Index retreats below 99.50 on rate cut expectations
US Dollar Index softens to near 99.45 in Thursday’s early European session. Rising bets for a December US rate cut…
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Won Rises on Steady Policy, Improved Economic Forecast
The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors…
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Offshore Yuan Retreats on Weak Fixing
The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following…
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Chart of The Day – NZD/USD
The Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 bp to 2.25%, in line…
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GBP/USD rises to near 1.3200 ahead of UK Autumn Budget
GBP/USD rises ahead of the UK Autumn Budget due later on Wednesday. The US Dollar struggles as softer data reinforce…
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