Forex
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AUD extends losses as US Dollar advances on court ruling of Trump tariffs
The Australian Dollar depreciates as the US Dollar is trading more than 0.50% higher on Thursday. Australia’s Private Capital Expenditure…
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JPY dives to nearly two-week low against USD on tariff news
The Japanese Yen weakens across the board as the tariff-block news undermines safe-haven assets. The USD benefits from Wednesday’s hawkish…
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EUR/USD drops below 1.1250 as US Dollar appreciates ahead of Q1 GDP Annualized
EUR/USD remains subdued as the US Dollar advances after a federal court halted Trump’s “Liberation Day” tariffs from taking effect.…
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USD/CHF rallies to over one-week top, close to mid-0.8300s on the tariff-block news
USD/CHF resumes its weekly uptrend after a US federal court blocked Trump’s tariffs. Wednesday’s hawkish FOMC Minutes boosts the USD…
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Trade of The Day – GBP/USD
Facts:GBPUSD broke below the lower limit of 1:1 structure at 1.3483The pair is trading below 100-period moving average from H1…
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EUR/JPY Breaks below 163.50, support appears near nine-day EMA
EUR/JPY could target a six-month high of 165.21 once it returns to the ascending channel. The 14-day RSI moves above…
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JPY remains on the back foot against mildly positive USD
The Japanese Yen attracts some intraday sellers on Wednesday, though it lacks follow-through. Reports that Japan will take action to…
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NZD/USD surges above 0.5950 after RBNZ’s policy decision
NZD/USD appreciates as the RBNZ lowered its Official Cash Rate by 25 basis points, as expected. RBNZ’s Hawkesby noted that…
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GBP/USD Keeps bullish vibe, first upside target emerges above 1.3550
GBP/USD weakens to near 1.3480 in Wednesday’s early Asian session. The positive view of the pair prevails above the key…
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AUD remains tepid as US Dollar rises ahead of FOMC Meeting Minutes
The Australian Dollar depreciates as the US Dollar extends its gains on Wednesday. Australia’s Monthly Consumer Price Index remained steady…
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