Forex
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Euro gains ground to near 1.1550 on ECB rate hike bets
EUR/USD gains ground to around 1.1545 in Tuesday’s early European session. The ECB is widely expected to raise its key…
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South Korean Won Strengthens on Dollar Selling
The South Korean won strengthened to around 1,518 per dollar, recovering further after touching its weakest level since March 2009…
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Offshore Yuan Holds Gains on Strong Exports
The offshore yuan held its gains around 6.78 per dollar on Tuesday, as stronger-than-expected trade data highlighted the resilience of…
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Trade of The Day – EUR/USD
Facts On Thursday (June 11), the ECB will announce its interest rate decision. Markets have almost fully priced in a…
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EUR/USD Price Rises toward 1.1550 after rebounding from channel bottom
EUR/USD may retest the lower boundary of the descending channel around 1.1510. The 14-day Relative Strength Index at 35 suggests…
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NZD/USD Price Recovers from two-month low, retakes 0.5800 amid bearish setup
NZD/USD attracts some buyers after touching a two-month low during the Asian session. Geopolitical risks and Fed rate hike bets…
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GBP holds losses below 1.3350 amid Middle East turmoil
GBP/USD posts modest losses near 1.3340 in Monday’s early European session. Intensified geopolitical tensions in the Middle East weigh on…
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Indian Rupee declines due to rising hawkish Fed bets, renewed Middle East war
The Indian Rupee opens on a negative note against the US Dollar. The US Dollar gains as surprisingly strong US…
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AUD/JPY Strengthens above 113.00, hawkish RBA supports uptrend above 100-day SMA
AUD/JPY gains ground to near 113.05 in Monday’s early Asian session. Positive outlook for the cross prevails above the 100-day…
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CHF declines as safe-haven demand supports US Dollar
USD/CHF rises as safe-haven US Dollar demand increased after Israel intercepted a missile fired from Yemen. The Greenback may further…
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