Forex
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Australian Dollar struggles after disappointing economic data release, US PCE index eyed
The Australian Dollar holds losses following the disappointing economic data released on Friday. Australia’s Retail Sales fell 0.1% MoM in…
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Japanese Yen trims part of strong intraday gains against a broadly recovering USD
The Japanese Yen attracts buyers for the second straight day amid a combination of supporting factors. A federal appeals court…
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NZD/USD attracts some sellers below 0.5950 as US court blocks Trump’s reciprocal tariffs
NZD/USD loses ground to around 0.5935 in Thursday’s Asian session. The renewed trade tensions between the US and China, and…
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US Dollar Index rises to near 100.50 after court ruling Trump tariffs, Q1 GDP data eyed
The US Dollar Index continues to advance as a federal court blocked Trump’s “Liberation Day” tariffs from taking effect. US…
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USD/INR extends the rally as US court blocks US President Donald Trump’s tariffs
Indian Rupee trades weaker in Thursday’s Asian session. The month-end US Dollar bid and Trump’s headline weigh on the INR. …
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AUD extends losses as US Dollar advances on court ruling of Trump tariffs
The Australian Dollar depreciates as the US Dollar is trading more than 0.50% higher on Thursday. Australia’s Private Capital Expenditure…
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JPY dives to nearly two-week low against USD on tariff news
The Japanese Yen weakens across the board as the tariff-block news undermines safe-haven assets. The USD benefits from Wednesday’s hawkish…
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EUR/USD drops below 1.1250 as US Dollar appreciates ahead of Q1 GDP Annualized
EUR/USD remains subdued as the US Dollar advances after a federal court halted Trump’s “Liberation Day” tariffs from taking effect.…
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USD/CHF rallies to over one-week top, close to mid-0.8300s on the tariff-block news
USD/CHF resumes its weekly uptrend after a US federal court blocked Trump’s tariffs. Wednesday’s hawkish FOMC Minutes boosts the USD…
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Trade of The Day – GBP/USD
Facts:GBPUSD broke below the lower limit of 1:1 structure at 1.3483The pair is trading below 100-period moving average from H1…
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