Forex
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Indian Rupee remains flat as risk-on mood weighs on US Dollar
The Indian Rupee holds ground as oil prices continue to ease. Indian shares opened higher but edged lower as caution…
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Japanese Yen gains ground as traders await Fed rate decision
USD/JPY weakens to around 160.25 in Wednesday’s early European session. Fed is set to leave its interest rate unchanged at…
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US Dollar Index weakens to near 99.50 on US‑Iran peace deal optimism ahead of Fed rate decision
US Dollar Index softens to around 99.50 in Wednesday’s Asian session. A US-Iran peace deal will be signed at Switzerland’s mountainside…
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EUR/JPY – Could rebound toward 186.50 as bullish bias prevails
EUR/JPY cross may rise toward the all-time high of 187.95. The 14-day Relative Strength Index near 60 indicates solid upward…
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AUD/USD – Consolidates above 0.7050; 100-day SMA holds the key ahead of Fed
AUD/USD remains on the back foot for the second straight day, though it lacks follow-through. The RBA’s hawkish tilt supports…
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AUD/JPY – Constructive bias prevails above 113.00, but neutral RSI spurs consolidation
AUD/JPY edges lower to near 113.25 in Wednesday’s early European session. BoJ hiked interest rates by 25 bps to 1.00%,…
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South Korean Won Halts Gains
The South Korean won weakened to around 1,514 per dollar, ending its recent advance, as demand for the greenback firmed…
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GBP/USD Price Forecast: Treading water around 1.3400 with central banks in focus
GBP/USD keeps hovering around 1.3400, lacking a clear bias. Investors await details from the US-Iran deal and interest rate decisions…
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AUD/USD falls after RBA decision despite maintaining a hawkish stance
The Reserve Bank of Australia (RBA) left its cash rate unchanged at 4.35% , ending a streak of three consecutive…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.7090 Short – term trend remains downward from the mid-May…
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