Forex
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EUR/USD recovers as US Dollar struggles to extend recovery
EUR/USD rebounds to near 1.1330 as the USD Index struggles to break above the key level of 100.00. The US…
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USD/JPY Gains 1.10% on BOJ Forecasts
BOJ lowers GDP forecasts and sees significant uncertainty tied to Trump’s trade policy 🔎 The Bank of Japan left the…
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EUR/USD Bullish outlook remains in play near 1.1300
EUR/USD loses momentum to near 1.1295 in Thursday’s early European session, losing 0.35% on the day. The positive view of…
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US Dollar Index (DXY) advances to two-week high near 99.75
The USD scales higher for the third straight day amid hopes for a US-China trade deal. Signs of a faltering…
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EUR/GBP hovers near 0.8500 as soft Eurozone inflation, dovish BoE shape outlook
EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies. Markets have largely priced in…
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USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark
USD/CAD struggles to lure buyers, though a combination of factors helps limit the downside. Bearish Crude Oil prices undermine the…
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EUR/JPY rises to near 162.50 as BoJ maintains policy rate as expected
EUR/JPY advances as the Japanese Yen weakens as the BoJ left its key interest rate unchanged at 0.5% on Thursday.…
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JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus
The Japanese Yen drifts lower for the third straight day after the BoJ announced its policy decision. The BoJ decided…
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USD/CHF Maintains position near 0.8250 near nine-day EMA support
USD/CHF may approach immediate resistance at the upper boundary of its consolidation range around 0.8350. The 14-day RSI has moved…
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AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI
The Australian Dollar loses ground ahead of the US ISM Manufacturing PMI data release on Thursday. Australia’s Bureau of Statistics…
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