Forex
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Muted USD After Strong Durable Goods Orders Data
United States – Durable Goods Orders for March: Orders: Currently 9.2% m/m; forecast 2.1% m/m; previously 0.9% m/m; Core Orders:…
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Chart of The Day – USDIDX
The dollar is back under pressure following a series of ambiguous statements from the White House regarding ongoing trade negotiations…
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US Dollar Index loses ground as uncertainty persists over Trump’s tariff policy
The US Dollar Index takes a breather in Thursday’s early European session. Tariff uncertainty is raising costs in the US, according…
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EUR/USD Rises toward 1.1350 after finding support at near nine-day EMA
EUR/USD could look to reclaim the ascending channel and retest the 1.1573 level — its highest since November 2021. Daily…
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USD/INR gathers strength amid rising US Dollar demand
The Indian Rupee trades in negative territory in Thursday’s Asian session. The attacks on Kashmir created a negative sentiment, weighing…
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EUR/JPY breaks below 162.00 as safe-haven demand lifts Yen amid trade uncertainty
EUR/JPY weakens as the Japanese Yen gains strength, driven by investor demand for safe-haven assets amid escalating global trade tensions.…
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GBP/USD Bullish outlook remains in play above 1.3250
GBP/USD gains momentum to near 1.3270 in Thursday’s early European session. The positive view of the pair prevails above the…
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AUD depreciates as Westpac anticipates RBA’s 25 bps rate cut in May
The Australian Dollar could advance as the US Dollar struggled after the Fed’s Beige Book suggested weakening economic conditions. Westpac…
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USD/CHF trade with mild negative bias below 0.8300; downside seems cushioned
USD/CHF ticks lower on Thursday and snapped a two-day winning streak to a nearly two-week high. The uncertainty over Trump’s…
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JPY struggles to build on intraday gains against USD amid positive risk tone
The Japanese Yen attracts some dip-buyers amid fading optimism over the US-China trade deal. Bets that the BoJ will continue…
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