Forex
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Chart of The Day – EUR/USD
The EURUSD pair remains under pressure, trading around 1.157–1.1580 USD per euro. Today’s movements are driven by a combination of…
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USD/CHF ticks up to near 0.7890 as US Dollar recovers
USD/CHF ticks higher to near 0.7890, following the US Dollar’s recovery. The Fed is unlikely to cut interest rates by…
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EUR/GBP declines below 0.8650 as BoE and ECB hold rates amid geopolitical uncertainty
EUR/GBP softens to around 0.8620 in Friday’s early European session. The Bank of England held interest rates at 3.75% on…
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NZD/USD rises above 0.5850 on narrower-than-expected trade deficit
NZD/USD gains ground to near 0.5880 in Friday’s Asian session. New Zealand recorded a monthly trade deficit of NZ$257 million…
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CAD ticks up after Thursday’s downfall ahead of Retail Sales data
The Canadian Dollar edges up after a sharp sell-off on Thursday. A sharp correction in the oil price dragged the…
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EUR/USD corrects to near 1.1560 as USD gains ground
EUR/USD retraces to near 1.1560 from the weekly high of 1.1616 as the US Dollar gains ground. Diminished fears of…
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USD/JPY Price 20-day EMA acts as key support zone around 157.50
USD/JPY jumps to near 158.33 as the US Dollar regains ground after a sharp decline on Thursday. BoJ’s Ueda is…
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GBP/USD Price 38.2% Fibo retracement acts as key barrier near 1.3470
GBP/USD corrects to near 1.3400 from its weekly high of 1.3467 posted on Thursday. The BoE left interest rates on…
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Offshore Yuan Falls, Still Set for Weekly Gains
The offshore yuan weakened to 6.89 per dollar on Friday, reversing the previous session’s gains as a stronger greenback weighed…
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Bank of Japan – Ueda’s Hawkish Signal Bolsters Yen Despite Energy Shock
The Governor of the Bank of Japan (BoJ), Kazuo Ueda, surprised markets with a hawkish tone, leaving the door…
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