Forex
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EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
EUR/GBP loses ground to near 0.8650 in Friday’s early European session. German Industrial Production falls 0.7% MoM in March, weaker…
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Japanese Yen gathers strength on reports of FX intervention during May holidays
USD/JPY edges lower to near 156.85 in Friday’s Asian session. Japanese authorities intervened in the FX market again during the…
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EUR/JPY – Hovers around 184.00 as near-term bearish bias maintains
EUR/JPY may fall toward the 11-week low around 181.87. The 14-day Relative Strength Index stands at 41.75, signaling persistent downside…
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AUD/JPY Advances on improved risk sentiment, holds bullish bias above 100-day EMA
AUD/JPY gains ground near 113.20 in Friday’s early European session. The positive outlook of the cross remains intact above the…
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USD/CHF stays above 0.7800 as US Dollar steadies on market caution
USD/CHF stays firm as the US Dollar holds steady amid caution following US strikes on Bandar Abbas and Qeshm Island.…
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NOK surges following Norges Bank’s rate hike
Key takeaways Norges Bank raises interest rates by 25 bp. The key interest rate is up to 4.25%. The move…
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Chart of The Day – EUR/USD Higher, but Still a Game of Expectations, Not a Trend
mentals. Source: xStation5 What is shaping EUR/USD price action? Fed on hold, but the market is already pricing rate cuts…
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Trade of The Day – EUR/CHF
Facts: The pair returned below the horizontal resistance area at 0.9220 EURCHF is trading below the 100-period exponential moving average…
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Offshore Yuan Extends Rally to Over 3-Year High
The offshore yuan strengthened to around 6.80 per dollar on Thursday, extending its rally for a third straight session and…
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EUR/JPY Trades Flat Around 183.75
EUR/JPY trades calmly amid hopes that Japan could intervene again. Japan’s Mimura said that he will closely monitor the forex…
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