Forex
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Yen Strengthens as Oil and Dollar Weaken
The Japanese yen appreciated past 159 per dollar on Monday, rebounding from three-week lows as declining oil prices and a…
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South Korean Won Gains on US-Iran Deal Hopes
The South Korean won strengthened to around 1,510 per dollar, recovering after touching its weakest level since March 2009 near…
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Dollar Retreats on Iran Deal Optimism
The dollar index slipped to around 99 on Monday, pulling back from six-week highs as growing optimism over a potential…
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Offshore Yuan Rises to Multi-Year High
The offshore yuan strengthened to around 6.78 per dollar on Monday, reaching its strongest level since February 2023, as the…
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Euro edges lower to near 1.1600 on US-Iran peace deal uncertainty
EUR/USD posts modest losses near 1.1615 in Friday’s early European session. Mixed signals on the progress of US-Iran ceasefire talks…
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Euro weakens against British Pound ahead of Germany IFO Business Survey
EUR/GBP remains subdued as the Euro falls ahead of upcoming German economic indicators. The Euro struggles as flash PMI data…
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Euro struggles as rising hawkish Fed tone lifts USD
EUR/USD falls as a firm US Dollar gained support from rising expectations of a hawkish Federal Reserve stance. President Trump…
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GBP steadies above 1.3400 vs USD on mixed BoE cues, UK political and Iran risks
GBP/USD struggles to gain any meaningful traction on Friday amid mixed fundamental cues. UK political uncertainty counters BoE rate hike…
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EUR/JPY Price Tests confluence resistance zone near 185.00
EUR/JPY tests the nine-day EMA of 184.76. The 14-day Relative Strength Index around 47 indicates recent pullback is a consolidation.…
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CHF flattens against US Dollar as investors await US-Iran deal announcement
The Swiss Franc ranges around 0.7870 vs. the US Dollar, with investors awaiting US-Iran deal confirmation. The issues regarding the…
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