Forex
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EUR/USD treads water near 1.1200 ahead of key Eurozone GDP data
EUR/USD strengthens ahead of Thursday’s release of the preliminary Eurozone Q1 2025 GDP report. The Euro is buoyed by growing…
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USD/CAD: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed’s Powell
USD/CAD meets with a fresh supply on Thursday amid a modest USD downtick. Sliding Oil prices seem to undermine the…
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GBP grips gains against US Dollar after softer-than-expected US inflation data
The Pound Sterling holds onto gains near 1.3300 against the US Dollar as the Greenback suffers after soft US inflation…
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USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread
USD/CAD weakened as April’s Consumer Price Index data missed expectations, triggering a shift in market sentiment. Headline US CPI increased…
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EUR/JPY: Bullish outlook remains in play near 164.50
EUR/JPY loses traction to around 164.40 in Wednesday’s early European session. The positive view of the cross prevails above the…
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AUD/JPY trades with modest losses above 95.00, remains close to two-month top set on Tuesday
AUD/JPY retreats from a nearly two-month high set on Tuesday amid notable JPY strength. Bets that the BoJ will hike…
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USD/CHF breaks below 0.8400, downside appears limited due to dovish SNB policy outlook
USD/CHF could come under pressure amid rising expectations of additional monetary easing by the Swiss National Bank. The Swiss Franc’s…
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USD/INR drifts lower as tensions between India and Pakistan ease
Indian Rupee edges higher in Wednesday’s early European session. Trade deals made between US and China, and cessation of military…
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EUR/USD strengthens to near 1.1200 as risk appetite returns
EUR/USD trades in positive territory near 1.1195 in Wednesday’s Asian session. US CPI inflation came in slightly below estimates in…
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AUD holds gains as US Dollar struggles due to improved risk sentiment
The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose…
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