Forex
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Three markets to watch next week: EURUSD, OIL, NASDAQ
Key takeaways A 60-day agreement has been signed between the United States and Iran. Negotiations on a permanent agreement have,…
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Trade of The Day – NOK/SEK
Facts The NOKSEK closing price has remained below the 23.6% Fibonacci retracement level (measured from January 13 to May 15)…
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Chart of the day: GBP/CHF snaps back on retail sales recovery
The British pound is regaining momentum at the end of the week, driven by a stronger-than-expected batch of UK economic…
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Euro holds losses against British Pound following bright UK Retail Sales data
EUR/GBP retreated to the mid-range of the 0.8600s after rejection at one-month highs near 0.8685. UK Retail Sales increased well…
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United Kingdom Retail Sales beat expectations in April: What 1.2% means for the British Pound
Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) climbed 1.2% month-over-month (MoM) in May after falling…
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EUR/USD Price Forecast: Weakens below 1.1450 amid oversold RSI momentum
EUR/USD softens to near 1.1425 in Friday’s early European session. The pair keeps a bearish vibe; downside pressure persists with…
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Indian Rupee rises on FCNR-B inflows, dollar selling by exporters
USD/INR falls due to robust FCNR-B inflows, bank fixing-related selling, and aggressive dollar liquidation by exporters. The Indian Rupee strengthened…
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Swiss Franc weakens as traders ramp up US rate hike bets, Vance canceled trip to talks with Iran
USD/CHF extends its upside to near 0.8075 in Friday’s early European session. US Vice President JD Vance pulled out of…
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Australian Dollar softens to near 0.7000 as Vice President canceled trip to talks with Iran
AUD/USD weakens to around 0.7010 in Friday’s Asian session. US Vice President cancels trip to Switzerland for Iran talks. Fed’s…
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New Zealand Dollar drops to fresh low since April as hawkish Fed bets support USD
NZD/USD remains on the defensive as the Fed’s hawkish tilt continues to underpin the USD. US Vice President JD Vance…
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