Forex
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US Dollar Index flat lines above 98.00 amid Hormuz tensions
US Dollar Index holds steady around 98.20 in Monday’s early Asian session. Trump said the US will help vessels exit…
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Chart of The Day – Intervention on the Yen? Tokyo Challenges Speculators
Intervention at 160: Breaking the psychological USDJPY barrier forced Tokyo to act, pushing the rate down to 155 amid low…
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USD/JPY – Holds above 157.00; bulls seem hesitant amid intervention fears
USD/JPY moves away from a two-month low following the release of a softer Tokyo CPI print. A modest USD uptick…
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EUR/GBP flat lines above 0.8600 as ECB and BoE keep interest rates unchanged
EUR/GBP steadies near 0.8625 in Friday’s early European session. The European Central Bank kept interest rates on hold at its…
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USD/CAD – Descending 20-day EMA supports more downside
USD/CAD trades cautiously around 1.3580 amid the US Dollar’s underperformance. Investors await Fed speeches for fresh cues on the US…
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Korean Won Holds Firm on Softer Dollar
The South Korean won held steady around 1,473 per dollar, retaining recent gains as sentiment improved on a softer dollar…
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USD/CHF remains above 0.7800 as US Dollar gains on risk-off mood
USD/CHF rises as the US Dollar strengthens on safe-haven demand after Trump vowed to maintain the Iran port blockade. US…
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CAD sits near its highest level since March 11 vs USD amid elevated Oil prices
USD/CAD remains depressed as elevated Crude Oil prices continue to underpin the Loonie. The Fed’s hawkish tilt and the US-Iran…
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US Dollar Index posts modest gains above 98.00 on hawkish Fed pause despite weaker US GDP
US Dollar Index trades with mild gains around 98.15 in Friday’s Asian session. Fed held its key policy rate steady…
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EUR/USD Price Holds onto gains near 1.1730
EUR/USD trades firmly near 1.1735 amid weakness in the US Dollar. Investors await the ECB commentaries and the US ISM…
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