Forex
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GBP/USD slips below 1.33 as US and UK manufacturing activity slumps
GBP/USD pressured as risk sentiment wavers and Fed seen cutting later than BoE. UK manufacturing contracts for seventh month; traders…
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EUR/USD recovers as US Dollar struggles to extend recovery
EUR/USD rebounds to near 1.1330 as the USD Index struggles to break above the key level of 100.00. The US…
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USD/JPY Gains 1.10% on BOJ Forecasts
BOJ lowers GDP forecasts and sees significant uncertainty tied to Trump’s trade policy 🔎 The Bank of Japan left the…
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EUR/USD Bullish outlook remains in play near 1.1300
EUR/USD loses momentum to near 1.1295 in Thursday’s early European session, losing 0.35% on the day. The positive view of…
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US Dollar Index (DXY) advances to two-week high near 99.75
The USD scales higher for the third straight day amid hopes for a US-China trade deal. Signs of a faltering…
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EUR/GBP hovers near 0.8500 as soft Eurozone inflation, dovish BoE shape outlook
EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies. Markets have largely priced in…
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USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark
USD/CAD struggles to lure buyers, though a combination of factors helps limit the downside. Bearish Crude Oil prices undermine the…
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EUR/JPY rises to near 162.50 as BoJ maintains policy rate as expected
EUR/JPY advances as the Japanese Yen weakens as the BoJ left its key interest rate unchanged at 0.5% on Thursday.…
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JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus
The Japanese Yen drifts lower for the third straight day after the BoJ announced its policy decision. The BoJ decided…
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USD/CHF Maintains position near 0.8250 near nine-day EMA support
USD/CHF may approach immediate resistance at the upper boundary of its consolidation range around 0.8350. The 14-day RSI has moved…
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