Forex
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Euro consolidates near four-week top, above mid-1.1400s amid mixed Fed cues, geopolitics
EUR/USD struggles to attract follow-through buying amid mixed fundamental cues. Receding Fed rate hike bets keep USD bulls on the…
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South Korean Won edges up against US Dollar as BoK hikes interest rates
The South Korean Won ticks up against the US Dollar as BoK raises interest rates for the first time in…
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British Pound weakens below 1.3550 on renewed US strikes on Iran
GBP/USD softens to around 1.3530 in Thursday’s early Asian session. The US military launched another wave of strikes against Iran. …
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Japanese Yen strengthens on intervention warning, cooling US inflation
USD/JPY edges lower to around 162.15 in Thursday’s Asian session. Japan’s Katayama said ready to take appropriate action on currency…
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EUR/JPY Price Positions near ascending triangle top around 186.00
EUR/JPY near the 186.10 ascending triangle ceiling suggests building bullish pressure. The 14-day Relative Strength Index at 56 indicates positive,…
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Swiss Franc holds losses as US Dollar recovers on Middle East tensions
USD/CHF remains stronger as the US Dollar recovers, fueled by safe-haven buying and prolonged high Fed rates. June CPI and…
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Rupee Remains Under Pressure
The Indian rupee hovered around 96.2 per dollar, remaining under pressure after reaching eight-week lows as sentiment weakened on rising…
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New Zealand Dollar Trades Near 6-Week High
The New Zealand dollar hovered near a six-week high at around $0.583, supported by expectations that the Reserve Bank of…
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South Korean Won Rises to Over 2-Month High
The South Korean won strengthened to around 1,485 per dollar, advancing for a fifth straight session and reaching its highest…
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Chart of the Day – What is next for July’s strongest currency?
The geopolitically turbulent start of July has brought a strengthening of commodity currencies (among them, the Norwegian krone). However, the…
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