Forex
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Canadian Dollar remains on the front foot as USD bulls turn cautious ahead of Fed decision
USD/CAD remains on the defensive for the second straight day amid a combination of factors. Rebounding oil prices underpin the…
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United States Dollar Index (DXY) flat below 101.50 as bulls await FOMC amid Iran risks
DXY bulls remain on the sidelines ahead of the crucial FOMC decision later this Wednesday. Persistent geopolitical uncertainties continue to…
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Australian Dollar falls to one-week low vs Yen as soft CPI triggers heavy selling
AUD/JPY attracts heavy selling following the release of soft Australian consumer inflation figures. Intervention fears prompt some JPY unwinding and…
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South Korean Won Rises to Nearly 3-Month High
The South Korean won strengthened to around 1,451 per dollar in late July, reaching its highest level since early May,…
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US Dollar Eases from 15-Month High
The dollar index softened to 101.3 on Tuesday after testing a 15-month high of 101.6 in the previous session as…
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Trade of The Day – USD/NOK
Facts USDNOK returned today above the 10- and 30-day exponential moving averages (EMA10 and EMA30). The yield spread between US…
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Euro stands tall against the British Pound despite the risk-off sentiment
EUR/GBP holds gains around 0.8550, with bulls testing three-week highs. The Euro is drawing support from lower Oil prices and…
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Euro revisits monthly low against US Dollar in countdown to Fed’s policy
EUR/USD slides to the monthly low near 1.1362 amid caution ahead of the Fed’s policy. Investors await German and Eurozone…
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United States Dollar Index remains subdued near 101.50 amid Fed policy uncertainty
US Dollar Index remained flat amid a rare level of uncertainty heading into a Fed decision. Traders expect the Federal…
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Japanese Yen flattens against US Dollar while Fed’s policy takes centre stage
USD/JPY flattens at around 163.75 in the countdown to the Fed’s monetary policy. The Fed and the BoJ are expected…
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