Forex
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EUR/USD gains ground despite hotter-than-expected US core PCE Inflation
EUR/USD rebounds from the intraday low of 1.0765 after the release of the US PCE inflation data for February. The European…
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US Dollar flat after US PCE inflation release
Markets are chasing safe havens such as Gold to fresh all-time highs. Traders see US PCE release adding to equity sell…
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Trade of The Day – EUR/JPY
Facts: Both MACD and RSI have formed a bearish divergence with a lower high. A potential double-top formation has occurred,…
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EUR/GBP extends losses toward 0.8300 following UK GDP, Retail Sales data
EUR/GBP remains under pressure as the Pound Sterling gains strength following the release of key UK economic data on Friday.…
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GBP/JPY remains weak near 195.00 despite upbeat UK Retail Sales data
GBP/JPY softens to around 195.00 in Friday’s early European session. UK Retail Sales climbed 1.0% MoM in February, stronger than…
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USD/CAD holds gains above 1.4300 ahead of US PCE Price Index, Canada’s GDP data
USD/CAD gains amid rising risk aversion fueled by concerns over impending US auto tariffs. US President Donald Trump has threatened…
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USD/CHF holds above 0.8800 as traders await US PCE inflation data
USD/CHF gains traction to around 0.8825 in Friday’s early European session. The US economy expanded at an annual 2.4% pace…
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US Dollar Index maintains position near 104.50 ahead of PCE Price Index data
The US Dollar Index holds gains as risk aversion increases due to concerns over potential US auto tariffs. US bond…
Read More » EUR/USD trades with mild negative bias below 1.0800; focus remains on US PCE Price Index
EUR/USD attracts some sellers during the Asian session, though it lacks follow-through. The USD stalls the overnight pullback from a…
Read More »EUR/JPY retreats below 163.00 following upbeat Tokyo CPI data
EUR/JPY declines as the Japanese Yen gains strength following the release of Tokyo’s Consumer Price Index (CPI) data on Friday.…
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