Forex
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Canadian Dollar weakens despite higher oil prices
USD/CAD gains as market risk aversion leaves the Canadian Dollar flat, failing to capitalize on rising crude oil prices. WTI…
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Offshore Yuan Retreats on Mixed PMI Data
The offshore yuan weakened to 6.76 per dollar on Wednesday, retreating from a more than three-year high reached in the…
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Technical Analysis – EUR/USD calm despite “hotter” core CPI data from Eurozone
The EUR/USD pair failed to rally despite stronger-than-expected Eurozone inflation data, suggesting that investors remain cautious about the euro’s strength…
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Euro Little-Changed as Investors Assess Inflation Data
The euro held near $1.165 as investors processed mixed signals from Eurozone inflation data and the Middle East conflict. Euro-area…
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United States Dollar Index steadies above 99.00 amid US-Iran deal uncertainty
US Dollar Index may appreciate on safe-haven demand after reports that Iran halted indirect negotiations with the United States. Iran…
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British Pound nudges higher as traders await progress on Middle East peace talks
GBP/USD posts modest gains near 1.3460 in Tuesday’s Asian session. The potential upside for the pair might be limited as…
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New Zealand Dollar remains depressed against firmer USD; hawkish RBNZ limits losses
NZD/USD attracts some sellers for the second straight day amid a modest USD strength. Geopolitical uncertainties and rising Fed rate…
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Swiss Franc remains calm ahead of Trade Balance data
USD/CHF stabilizes as the US Dollar gains safe-haven support following reports that Iran halted indirect negotiations with America. The Greenback…
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AUD/JPY Strengthens above 114.00, bullish bias holds above key technical support
AUD/JPY gathers strength to near 114.35 in Tuesday’s early European session. The constructive outlook for the cross prevails above the…
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South Korean Won Weakens Toward 17-Year Low
The South Korean won weakened past 1,517 per dollar, approaching the more than 17-year low of around 1,520 reached on…
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