Forex
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New Zealand Dollar weakens as US Dollar rises on Middle East risks, firm US data
NZD/USD weakens as a complex Middle East situation sparks risk aversion. Trump claimed Iran agreed to nuclear inspections, but Iran…
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Australian Dollar bulls seem hesitant on mixed CPI data; hangs near April lows vs USD
AUD/USD edges higher following the release of Australian consumer inflation figures for May. Bulls, however, seem hesitant amid expectations that…
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Australian Dollar steadies vs Japanese Yen as CPI cools, BoJ hawks
AUD/JPY experiences volatility amid cooling Australian inflation. Australia’s annual CPI rose 4.0% while monthly prices fell 0.7%, both slowing much…
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Canadian Dollar strengthens despite hawkish Fed expectations
USD/CAD softesn to near 1.4205 in Wednesday’s Asian session. Iran’s Pezeshkian said no negotiation on ballistic missiles. Traders raise their…
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Swiss Franc slips to seven-month lows ahead of ZEW Survey Expectations
USD/CHF reached a seven-month high of 0.8107 on Wednesday. The US Dollar rises due to robust domestic economic data alongside…
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Dollar Holds Firm on Rate Hike Expectations
The dollar index hovered around 101.4 on Wednesday, trading at its highest level in more than a year as expectations…
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BREAKING: EURUSD extends decline after Eurozone PMI data
Eurozone flash PMIs for June were a mixed but net-positive picture. The Composite came in at 49.5 , beating the…
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Trade of The Day – GBP/USD
Facts: GBPUSD bounced off the resistance area near 1.3260 The pair is trading below 100-period moving average from H1 interval…
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Australian Dollar falls despite improved S&P Global PMI data
AUD/USD loses ground despite improved Australian preliminary S&P Global PMI data. Australia’s preliminary June Manufacturing PMI rose to 51.2, while…
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Swiss Franc holds onto losses below 0.8100 amid firm Fed interest rate hike bets
The Swiss Franc clings to losses near 0.8088 against the US Dollar amid hawkish Fed bets. The Fed is highly…
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