Forex
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EUR/USD Price – Rebounds above 1.1350, but outlook stays bearish below key resistance
EUR/USD gains ground to near 1.1370 in Thursday’s early European session. The bearish outlook of the major pair remains intact…
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Dollar Stands Tall on Hawkish Fed Bets
The dollar index traded near 101.5 on Thursday, holding around its highest levels in more than a year as investors…
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Australian Dollar Approaches 3- Month Low
The Australian dollar fell further below $0.690, approaching a three-month low as broad US dollar strength outweighed a rebound in…
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Offshore Yuan Holds Near 1-Month Low
The offshore yuan steadied around 6.81 per dollar on Thursday, hovering near a one-month low after the People’s Bank of…
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Chart of The Day – EUR/USD Deepens Decline. What’s Next For The Pair?
The U.S. dollar has strengthened significantly in recent days, and hawkish revisions to Federal Reserve projections have become the primary…
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USD/JPY Price – Range tightens further at around 161.60
USD/JPY consolidates around 161.60 as hawkish BoJ supporting Japanese Yen counters outperforming the US Dollar. One BoJ member expects interest…
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EUR/GBP Price – Testing 10-month lows at 0.8611 in risk-off markets
EUR/GBP depreciates 0.6% so far this week to test 10-month lows in the 0.8610 area. A tech rout in stock…
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Offshore Yuan Hits 1-Month Low
The offshore yuan depreciated to around 6.80 per dollar on Wednesday, hitting its lowest level in a month, as a…
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South Korean Won at Over 2-Week Low
The South Korean won traded around 1,539 per dollar, extending losses to its lowest level in over two weeks after…
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Indian Rupee Slides to One-Week Low
The Indian rupee fell to around 94.8 per dollar, retreating after a brief stabilization as renewed strength in the greenback…
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