Forex
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AUD advances over optimism over ongoing US-China trade negotiations
The Australian Dollar retraces its losses registered in the previous session. Australia’s Judo Bank Purchasing Managers Index indicated that private…
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JPY remains on the back foot amid hopes for US-China trade deal
The Japanese Yen attracts some dip-buyers and stalls its pullback from a multi-month low against the USD. Hopes for a…
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EUR/JPY hangs near daily low, below 162.00 as traders eye Eurozone PMIs for fresh impetus
EUR/JPY surrenders a major part of Asian session gains, though the downside seems limited. Hopes for a US-Japan trade deal…
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USD/INR jumps on Pahalgam terror attack, US-China optimism
Indian Rupee softens in Wednesday’s Asian session. Terrorist attacks in Kashmir weigh on sentiment and undermine the INR, but continuous…
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USD/SEK Re-Tests 3 Year Lows After Strong Swedish Unemployment Report
The USDSEK pair continues its downward momentum after data from Sweden for March (seasonally adjusted) unexpectedly showed a low unemployment…
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EUR/CHF – Recommendation From HSBC
HSBC has issued a recommendation for the EURCHF currency pair. HSBC recommends taking a long position on the pair with…
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EUR/JPY attracts some sellers to near 161.50 amid safe-haven flows
EUR/JPY weakens to near 161.65 in Tuesday’s Asian session, losing 0.33% on the day. The rising safe-haven demands support the…
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GBP/JPY slides to three-day low, below 188.00 mark amid broadly stronger JPY
GBP/JPY attracts sellers for the second straight day as safe-haven demand boosts the JPY. The divergent BoJ-BoE policy expectations exert…
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JPY retains its bullish bias amid tariff jitters; USD/JPY languishes near 140.00 mark
The Japanese Yen continues to attract safe-haven flows amid persistent trade-related uncertainties. BoJ rate hike bets also lend support to…
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EUR/USD Rises to near 1.1550, four-year highs
EUR/USD may revisit the four-year high at 1.1573. The 14-day RSI remains above 70, indicating overbought conditions and hinting at…
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