USD
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GBP/USD extends much-needed recovery as Cable recovers 1.31
GBP/USD gained ground on Thursday as the Pound stages a bullish recovery. The BoE may be much closer to delivering…
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Australian Dollar remains subdued following China’s Trade Balance data
Australian Dollar moves little as China’s Trade Surplus eased to CNY640.4 billion in October, from CNY645.47 billion prior. The AUD…
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NZD/USD drifts lower below 0.5650 as China’s Trade Surplus narrows in October
NZD/USD declines to around 0.5620 in Friday’s Asian session. China’s trade surplus came in at $90.07 billion in October, narrowing…
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USD/CAD remains above 1.4100 near six-month highs despite Fed rate cut odds
USD/CAD maintains its position close to a six-month high of 1.4140, reached on Wednesday. The US Dollar lost ground after…
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Japanese Yen consolidates as BoJ rate hike uncertainty persist after weak data
The Japanese Yen bulls pause for a breather following the release of weaker domestic data. Fiscal concerns and the BoJ…
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Aussie Dollar Holds Ground on Robust Trade Data
The Australian dollar steadied around $0.651 on Thursday, holding its recent gain, as stronger-than-expected trade data supported sentiment. Australia’s trade…
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Yen Rises Amid Firm Wage Data
The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth…
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Chart of The Day – EUR/USD
The EUR/USD pair is currently trading at around 1.1481 USD per euro. The market is being shaped by multiple factors from…
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Trade of The Day – AUD/USD
Facts: The pair bounced off the key resistance area near 0.6500 Short – term trend remains downward Recommendation: Trade: Short position…
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Trade of The Day – USD/JPY
Facts: The difference between BoJ and FED rates is currently between 3.25-3.5 percentage points. BoJ decided to maintain interest rates…
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