USD
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United Kingdom CPI inflation holds steady in April: What 2.8% means for British Pound
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8%…
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Offshore Yuan Holds Near a Multi-Year High
The offshore yuan traded around 6.75 per dollar on Wednesday, remaining close to its strongest level since February 2023 after…
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Eur sticks to positive bias above 1.1600 as bulls await Fed rate decision
EUR/USD attracts some buyers for the third straight day as the US-Iran peace deal undermines the USD. The ECB’s hawkish…
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Indian Rupee remains flat as risk-on mood weighs on US Dollar
The Indian Rupee holds ground as oil prices continue to ease. Indian shares opened higher but edged lower as caution…
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Japanese Yen gains ground as traders await Fed rate decision
USD/JPY weakens to around 160.25 in Wednesday’s early European session. Fed is set to leave its interest rate unchanged at…
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US Dollar Index weakens to near 99.50 on US‑Iran peace deal optimism ahead of Fed rate decision
US Dollar Index softens to around 99.50 in Wednesday’s Asian session. A US-Iran peace deal will be signed at Switzerland’s mountainside…
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AUD/USD – Consolidates above 0.7050; 100-day SMA holds the key ahead of Fed
AUD/USD remains on the back foot for the second straight day, though it lacks follow-through. The RBA’s hawkish tilt supports…
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South Korean Won Halts Gains
The South Korean won weakened to around 1,514 per dollar, ending its recent advance, as demand for the greenback firmed…
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GBP/USD Price Forecast: Treading water around 1.3400 with central banks in focus
GBP/USD keeps hovering around 1.3400, lacking a clear bias. Investors await details from the US-Iran deal and interest rate decisions…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.7090 Short – term trend remains downward from the mid-May…
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