Forex
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USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar
USD/CAD finds support as the US Dollar strengthens on renewed optimism over US-China trade progress. US labor market data hit…
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AUD/JPY rises above 91.00 following key economic data from Australia, Japan
AUD/JPY advances as the Australian Dollar strengthens on CPI data from Australia and PMI figures from China. Australian Treasurer Jim…
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USD/INR edges higher amid heightened tensions between India and Pakistan
Indian Rupee softens in Wednesday’s Asian trading hours. Heightened tensions between India and Pakistan weigh on the INR. Traders await…
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AUD rises as inflationary pressures weaken odds of an RBA’s rate cut in May
The Australian Dollar is regaining ground after the release of key economic data from both Australia and China. Australia’s Consumer…
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JPY edges lower amid receding safe-haven demand; downside seems limited
The Japanese Yen lacks any firm intraday direction on Wednesday amid mixed fundamental cues. A positive risk tone and disappointing…
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US Dollar back to flat after White House calls Amazon hostile
The US Dollar trades back to flat, erasing earlier bounce after Bessent’s comments at the White House. The Trump…
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EUR/USD drops as ECB officials highlight downside risks to Eurozone inflation
EUR/USD faces slight pressure above 1.1400 as the US Dollar steadies, with investors seeking clarity on the US-China trade outlook.…
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Chart of The Day – USD/CAD
The Canadian dollar (CAD) is one of the stronger G-10 currencies today following the federal elections in Canada held on…
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NZD/USD falls to near 0.5950 due to shifting US-China trade signals
The US Dollar is strengthening amid growing optimism over improved US-China trade relations. President Trump emphasized progress in talks and…
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EUR/CAD remains below 1.5800 after projections show likely minority Carney government
EUR/CAD seesaws between tepid gains/minor losses after the Canadian election outcome. Bearish Crude Oil prices undermine the Loonie and act…
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