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USD
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Chart of The Day – AUD/USD
The Australian dollar weakened against the US dollar, with AUD/USD falling 0.5% to 0.6428 after the Reserve Bank of Australia…
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EUR/USD Tests descending channel’s upper boundary near 1.1250
EUR/USD is testing the upper boundary of its descending channel near the 1.1250 level. Technical analysis suggests a bearish bias…
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NZD/USD remains subdued near 0.5900 following PBoC rate cut
NZD/USD holds losses after the People’s Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%. Traders…
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JPY recovers modest Asian session losses amid hawkish BoJ expectations
The Japanese Yen reverses a major part of the modest Asian session downtick amid BoJ rate hike bets. Dovish Fed…
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GBP/USD maintains position above 1.3350 as US Dollar weakens on economic concerns
GBP/USD strengthened as the US Dollar struggled following Moody’s Rating downgrade of the US credit rating from Aaa to Aa1.…
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USD/INR gains ground on expectations for more RBI rate cuts
Indian Rupee edges lower in Tuesday’s Asian session. Dovish bets for the RBI weigh on the INR, but a multi-phase…
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USD/CAD Tests initial support near 1.3950, followed by nine-day EMA
USD/CAD may find initial resistance at its six-week high of 1.4016. The 14-day RSI remains slightly above 50, indicating continued…
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GBP trades firmly ahead of EU-UK trade summit
The Pound Sterling gains against its major peers on Monday ahead of a potential trade deal between the UK and…
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USD/CHF trades near 0.8350, pulls back from recent gains due to market caution
USD/CHF depreciates as the US Dollar struggles following Moody’s decision to downgrade the US credit rating by one notch. US…
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USD/INR rises on strong importer demand, foreign fund outflows
The Indian Rupee continues to weaken amid renewed USD demand from importers and persistent foreign fund outflows. USD/INR may face…
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