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Currency Talk – What’s Next for the Dollar After the Fed Meeting
Key takeaways The dollar has come bottom of the G10 currency rankings for the past week. The market does not…
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Chart of the Day – Yen Falls From 40-Year Highs – What’s Next?
After reaching its highest level since 1986 (163.99), the USDJPY pair recorded a very dynamic decline. The movement was driven…
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Swiss Franc declines against US Dollar amid hawkish Fed bets
The Swiss Franc weakens against the US Dollar amid firm Fed interest rate hike expectations. The US and Iran announce…
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GBP/USD Price At make or a break around 1.3500
GBP/USD trades lower to near 1.3470 as the British Pound faces selling pressure. The BoE left interest rates unchanged at…
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EUR/USD Price – Gains traction above 1.1500, while remaining constrained below 100-day SMA
EUR/USD gains ground to around 1.1535 in Monday’s early Asian session. The bearish tone of the major pair prevails under…
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Japanese Yen jumps as US-Japan confirm joint intervention, hint further action
USD/JPY falls to around 156.45 in Monday’s early European session. Japan and the US confirm a joint JPY-buying intervention, signal…
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Euro holds near mid-1.1500s, highest level since June 17 as receding Fed hike bets hit USD
EUR/USD gains positive traction for the fifth straight day amid sustained USD selling bias. A slump in oil prices ease…
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Rupee Near Four-Week High
The Indian rupee climbed to around 95.1 per dollar, extending last week’s gains to a near four-week high as lower…
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South Korean Won Extends Gains
The South Korean won strengthened to around 1,430 per dollar, extending its July recovery, supported by strong foreign inflows and…
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Australian Dollar remains stronger following China’s RatingDog Manufacturing PMI data
The Australian Dollar remains strong despite China’s manufacturing PMI easing to 50.9 in July. The US Dollar faces pressure following…
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