Forex
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Euro nudges higher above 1.1400 as traders ramp up their bets on ECB hikes
EUR/USD trades with mild gains near 1.1430 in Friday’s early Asian session. ECB saw inflation rising despite nearly three expected…
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Dollar Falls for Third Straight Session
The dollar index fell toward 100.5 on Friday, extending losses for a third straight session as reports that the US…
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Offshore Yuan Hits Near 3-Week High
China’s offshore yuan strengthened to around 6.78 per dollar on Friday, extending gains from the previous session to its strongest…
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Yen Jumps on Intervention Fears
The Japanese yen strengthened past 161.5 per dollar on Friday, erasing all of its losses from earlier in the week…
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Australian Dollar Set for a Muted Week
The Australian dollar rose to around $0.695 but was on track to finish the week largely unchanged as investors monitored…
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Trade of The Day – NZD/USD
Recommendation: Trade: Long NZDUSD at market price Target: 0.5855, 0.5930 Stop: 0.5665 Opinion: NZDUSD has been trading in a downward…
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EUR/GBP Price Languishes below 0.8550 with bullish attempts subdued
EUR/GBP treads water around 0.8530, a few pips above one-year lows, at 0.8519. German Trade Balance surplus beat expectations in…
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AUD/JPY Price Weakens to near 112.50, but uptrend remains constructive
AUD/JPY weakens to near 112.62 in Thursday’s early European session. The cross keeps a constructive bullish bias, but further consolidation…
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GBP/USD Price – Holds a constructive bullish tone above 1.3400 as UK political risk eases
GBP/USD gathers strength to near 1.3405 in Thursday’s early European session. The pair maintains constructive bias, with a mildly bullish…
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