Forex
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Trade of The Day – USD/CHF
Facts:USDCHF rebounded from the key resistance at 0.7860The pair sits below 100-period moving average Recommendation: Trade: Short position on USDCHF at…
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Pound Sterling edges lower as Iran war concerns revive USD demand
GBP/USD attracts some sellers as geopolitical uncertainties underpin the safe-haven USD. Inflation concerns dim prospects for more rate cuts by…
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Indian Rupee remains under pressure as USD/INR nears record highs
USD/INR rebounds toward the all-time high of 92.81. Indian Rupee gained support as Middle East tensions eased after Trump said…
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Dollar Holds Decline on Trump Remarks
The dollar index remained below 99 on Tuesday after a sharp intraday drop in the previous session, as hopes for…
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Offshore Yuan Attempts Rebound
The offshore yuan held around 6.89 per USD on Tuesday, struggling to rebound from a one-month low touched last week,…
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GBP/USD Price Forecast: Expects more downfall below 1.3250
The Pound Sterling underperforms against the US Dollar amid the risk-off market mood. The war in the Middle East has…
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USD/INR refreshes all-time highs as Indian Rupee sinks amid oil shock
The Indian Rupee sinks to a fresh all-time low at around 92.80 against the US Dollar amid escalating Iran conflict.…
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EUR/GBP steadies near 0.8650 as German Industrial Production falls in January
EUR/GBP remains supported following the release of Germany’s Factory Orders and Industrial Production data. Germany’s Industrial Production fell 0.5% MoM…
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USD/CHF rises above 0.7800 on safe-haven demand, rising energy prices
USD/CHF appreciates as the US Dollar gains from its twin status as a safe-haven and energy exporter. The DXY rises…
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EUR/JPY loses traction below 183.00 as Middle East conflict lifts Japanese Yen
EUR/JPY loses ground to around 182.95 in Monday’s early European session. Geopolitical risks in the Middle East could boost the…
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