Forex
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GBP/USD Price Forecast: Eyes 1.3400 amid modest USD weakness; remains below weekly top
GBP/USD gains some positive traction as easing inflationary concerns weigh on the USD. Fed rate hike bets and rising US-Iran…
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Indian Rupee slumps as oil price surges amid fears of US-Iran ceasefire collapse
The Indian Rupee faces intense selling pressure against the US Dollar due to a strong recovery in oil prices. FIIs…
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United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
DXY struggles to capitalize on the overnight bounce from the vicinity of the weekly low. Fed rate hike bets and…
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AUD/JPY Price Forecast: Gains ground to near 112.50, uptrend holds above 100-day SMA
AUD/JPY drifts higher to around 112.40 in Thursday’s early European session. Broader positive outlook prevails above the 100-day SMA, but…
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Japanese Yen moves little after reaching six-week lows
USD/JPY flatlines near a six-week high of 160.56 following suspected foreign-exchange intervention by Japanese authorities. Finance Minister Satsuki Katayama stated…
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Swiss Franc strengthens as US Dollar struggles despite increased risk aversion
USD/CHF may rebound as the US Dollar may regain ground on safe-haven demand from ongoing Middle East conflicts.Israel’s Home Front…
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Indian Rupee flattens while flaring US-Iran tensions dampen outlook
The Indian Rupee trades calmly at open against the US Dollar; however, the outlook has become uncertain. The exchange of…
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EUR/JPY Price – Strengthens above 185.00, while bullish trend eyes consolidation
EUR/JPY gains ground to around 185.20 in Wednesday’s early European session. Likelihood of hawkish stance hikes from the ECB supports the…
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Japanese Yen languishes despite wholesale inflation accelerates in May
USD/JPY steadies as the Japanese Yen receives no support after May wholesale inflation rose to a three-year high of 6.3%.…
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USD/CNH Price Forecast: More downside likely below 6.7500
USD/CNH trades marginally lower to near 6.7750 as the US Dollar edges down. China’s CPI remains steady at 1.2% YoY…
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