Forex
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EUR/USD strengthens above 1.1650 ahead of US PCE inflation data
EUR/USD gains traction near 1.1680 in Friday’s Asian session. Traders will take more cues from the key US PCE inflation…
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USD/CHF trades firmly near 0.8000 ahead of US PCE inflation data
USD/CHF exhibits strength ahead of the US PCE inflation data for August. Upbeat US Q2 GDP and a decline in…
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AUD receives support from RBA caution, US PCE inflation data awaited
Australian Dollar weakened as the US Dollar gained support from stronger-than-expected US economic data. The AUD struggles amid risk aversion…
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JPY strengthens amid softer risk tone, modest USD downtick ahead of US PCE data
The Japanese Yen attracts some safe-haven flows amid a slight deterioration in the risk sentiment. The USD pauses for a…
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GBP/JPY consolidates below 200.00; JPY strength and UK fiscal concerns cap the upside
GBP/JPY struggles to gain any meaningful traction as modest JPY strength offsets GBP rebound. The initial reaction to a weaker…
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US Dollar Index Could target ascending channel’s upper boundary near 99.00
US Dollar Index may target the initial barrier at the ascending channel’s upper boundary around 98.80. The 14-day Relative Strength…
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USD/INR trades flat despite Trump imposing 100% tariffs on pharmaceutical imports
The Indian Rupee trades calmly around 88.90 against the US Dollar on Friday. Trump’s announcement of 100% tariffs on pharmaceutical…
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EUR/JPY trades with mild gains above 174.50 amid softer Japan Tokyo CPI data
EUR/JPY strengthens to near 174.80 in Friday’s early European session. Slower-than-expected Tokyo CPI inflation prompted the expectations that the BoJ…
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USD/MXN holds losses near 18.50 following Banxico’s rate cut, US PCE Price Index eyed
USD/MXN could rebound as the Mexican Peso faces pressure amid expectations of additional rate cuts. Banxico opted for a 25-basis-point…
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Chart of The Day – EUR/CHF
SNB keeps interest rate at 0% The SNB remains ready to intervene in the foreign exchange market if needed; no…
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