Forex
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Trade of The Day – CHF/JPY
Facts:The pair bounced off the key technical support area at 173.25The pair is trading above the 100-period moving average from…
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Chart of The Day – NZD/USD
The New Zealand dollar traded lower against the US dollar on Friday, settling at $0.591 as higher-than-expected inflation data failed…
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USD/JPY Holds losses below 142.50, support appears at seven-month lows
USD/JPY could retest the seven-month low of 141.61, recorded on Thursday. If the 14-day Relative Strength Index falls below the…
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USD/CHF remains below 0.8200 due to muted trading activity
USD/CHF remains under pressure as worries grow over the potential economic impact of US tariffs. The CME FedWatch Tool suggested…
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EUR/USD Gathers strength above 1.1350, bullish bias remains
EUR/USD gathers strength to near 1.1370 in Friday’s early European session. The constructive view of the pair prevails above the…
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Mexican Peso surges as Trump-Sheinbaum call eases trade tensions
Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting…
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EUR/USD gathers strength above 1.1350, ECB cuts interest rates by 25 bps
EUR/USD gains traction around 1.1370 in Friday’s early Asian session. ECB cut interest rates to their lowest level since late 2022. …
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USD/JPY weakens below 142.50 as Japanese CPI came in at 3.6% YoY in March
USD/JPY loses ground in Friday’s early Asian session. Japanese CPI climbed 3.6% YoY in March; core CPI rose 3.2%. The…
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GBP/USD hovers near six-month highs, 1.3300, eyes on US-UK trade discussions
GBP/USD rises as the US Dollar comes under pressure amid growing worries over the economic fallout from US tariffs. Federal…
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NZD/USD remains below five-month highs near 0.6000 due to trade policy focus
NZD/USD hovers near the five-month high of 0.5979, reached on Thursday. Investors remain focused on US trade policy developments, particularly…
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