Forex
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AUD/USD Price Tests nine-day EMA barrier near 0.6950
AUD/USD may decline toward a nearly six-month low of 0.6833. The 14-day Relative Strength Index around 40 signals the asset…
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Offshore Yuan Holds Decline
The offshore yuan held its decline around 6.78 per dollar on Tuesday as investors balanced expectations of slower economic growth…
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Kiwi Dollar Rises to 4-Week High
The New Zealand dollar rose to around $0.577 on Tuesday, its highest level in four weeks, following remarks from RBNZ…
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Canadian Dollar gains on higher oil prices
USD/CAD slips as the commodity-linked Canadian Dollar gains on higher oil prices. Crude oil prices gain as Trump reinstated an…
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Euro posts modest gains above 1.1350 as traders await US CPI inflation release
EUR/USD trades with mild gains around 1.1385 in Tuesday’s early Asian session. Trump said that the US will blockade Iran…
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Japanese Yen consolidates as USD bulls look to US CPI and Fed’s Warsh
USD/JPY stalls the previous day’s strong move up, though the downside seems cushioned. Economic risks from the Mideast crisis and…
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British Pound strengthens above 1.3350 ahead of US CPI data
GBP/USD gathers strength to near 1.3360 in Tuesday’s Asian session. Renewed US strikes on Iran and fears over Strait of…
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United States Dollar Index declines despite rising safe-haven demand, Fed rate hike odds
US Dollar Index may regain ground as escalating Middle East tensions drive safe-haven demand. CENTCOM announced precision strikes on Iranian…
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South Korean Won Nears 2-Month High
The South Korean won strengthened to around 1,490 per dollar, extending gains toward its highest level since mid-May, as investors…
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Euro Drops Near One-Year Low on Middle East Tensions
The euro opened the week at $1.14, nearing its one-year low from June, as investors responded to escalating Middle East…
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