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USD
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GBP/USD slips below 1.33 as US and UK manufacturing activity slumps
GBP/USD pressured as risk sentiment wavers and Fed seen cutting later than BoE. UK manufacturing contracts for seventh month; traders…
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EUR/USD recovers as US Dollar struggles to extend recovery
EUR/USD rebounds to near 1.1330 as the USD Index struggles to break above the key level of 100.00. The US…
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USD/JPY Gains 1.10% on BOJ Forecasts
BOJ lowers GDP forecasts and sees significant uncertainty tied to Trump’s trade policy 🔎 The Bank of Japan left the…
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EUR/USD Bullish outlook remains in play near 1.1300
EUR/USD loses momentum to near 1.1295 in Thursday’s early European session, losing 0.35% on the day. The positive view of…
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USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark
USD/CAD struggles to lure buyers, though a combination of factors helps limit the downside. Bearish Crude Oil prices undermine the…
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JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus
The Japanese Yen drifts lower for the third straight day after the BoJ announced its policy decision. The BoJ decided…
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USD/CHF Maintains position near 0.8250 near nine-day EMA support
USD/CHF may approach immediate resistance at the upper boundary of its consolidation range around 0.8350. The 14-day RSI has moved…
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AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI
The Australian Dollar loses ground ahead of the US ISM Manufacturing PMI data release on Thursday. Australia’s Bureau of Statistics…
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GBP/USD drops as US economy shrinks, inflation holds firm
The US economy contracts 0.3% in Q1, missing forecasts and raising stagflation concerns. Inflation accelerates with Q1 price index at…
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USD/CHF down as soft US data and China slowdown hit sentiment
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment.…
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