Forex
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US Dollar Index holds gains above 98.50 as Middle East uncertainty prevails
US Dollar Index gains on safe-haven demand amid Middle East uncertainty and Strait of Hormuz blockade. Iran fired on three…
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USD/CHF climbs further beyond mid-0.7800s as Hormuz risks continue to underpin USD
USD/CHF attracts buyers for the third consecutive day amid a broadly firmer US Dollar. The Hormuz standoff and less dovish…
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EUR/JPY falls to near 186.50 as risk aversion increases on Middle East uncertainty
EUR/JPY falls as the Euro weakens amid rising risk aversion from US-Iran truce uncertainty. Iran fired on three ships in…
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AUD/JPY Softens below 114.00, but uptrend holds above 100-day EMA
AUD/JPY weakens to near 113.95 in Thursday’s early European session. The positive outlook of the cross remains intact above the…
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Trade of The Day: EUR/USD
Key takeaways How does the technical situation on EURUSD looks like? Facts: EURUSD is trading in an upward move from…
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EUR/CAD steadies below 1.6050 as improved oil prices lift Canadian Dollar
EUR/CAD holds losses as the Canadian Dollar gains on improved oil prices. Maritime authorities said an IRGC-linked gunboat fired on…
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EUR/GBP remains depressed below 0.8700 after hot UK CPI figures
EUR/GBP extends losses for the second consecutive day and trades below 0.8700. UK consumer price figures confirm the inflationary impact…
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USD/JPY Price Flirts with 100-hour EMA support, above 159.00 amid softer USD
USD/JPY attracts some sellers and erodes a part of Tuesday’s gains to over a one-week top. The US-Iran ceasefire extension…
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AUD edges higher as Trump extends ceasefire with Iran
AUD/USD gains traction to around 0.7160 in Wednesday’s early Asian session. Trump said the US is extending the ceasefire with Iran…
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NZD/USD gains momentum above 0.5900 on hot New Zealand CPI data
NZD/USD gains ground to near 0.5905 in Wednesday’s Asian session. New Zealand’s CPI rose 3.1% YoY in Q1, hotter than expected. …
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