Forex
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AUD/USD – Bullish USD to cap recovery from 0.7100/two-week low
AUD/USD stages a modest recovery from a two-week low, around 0.7100, touched on Wednesday. The Fed’s hawkish tilt and Iran…
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GBP flat lines vs USD as traders await BoE policy update and US PCE Price Index
GBP/USD bulls seem hesitant as the Fed’s hawkish tilt and the US-Iran tensions underpin the USD. Bets for two BoE…
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EUR/USD – Hovers around 50-day EMA near 1.1700
EUR/USD may hover near its eight-month low around 1.1411. The 14-day Relative Strength Index near 48 signals weakening bullish momentum…
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BREAKING: Bank of Canada keeps rates unchanged, USDCAD extends gains
Bank of Canada (BoC) Rate Decision: Actual 2.25% Forecast 2.25% Previous 2.25% The Bank of Canada maintained its policy interest…
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Trade of The Day – EUR/CHF
Facts: The pair invalidated 1:1 structure at 0.9204 EURCHF is trading above the 100-period exponential moving average from D1 interval…
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USD/INR extends its advance as oil prices rise further
The Indian Rupee continues to underperform against the US Dollar amid rising oil prices. US President Trump warns of extending…
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Offshore Yuan Remains Near 2023 Peak Levels
The offshore yuan traded around 6.83 per dollar on Wednesday, remaining near a recent more than three-year high, as it…
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US Dollar Index steadies near 98.50, all eyes on Fed rate decision
US Dollar Index flat lines around 98.65 in Wednesday’s early Asian session. The Fed is widely expected to hold interest…
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EUR/USD – Likely find direction after Fed’s policy announcement
EUR/USD trades calmly near 1.1700 ahead of the Fed-ECB monetary policy announcement. Both the Fed and the ECB will likely…
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EUR/JPY remains subdued below 187.00 as risk-off sentiment weighs on Euro
EUR/JPY falls as the Euro weakens amid rising risk aversion over uncertainty surrounding a potential Middle East ceasefire. US officials…
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