USD
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NZD/USD rises above 0.5850 on narrower-than-expected trade deficit
NZD/USD gains ground to near 0.5880 in Friday’s Asian session. New Zealand recorded a monthly trade deficit of NZ$257 million…
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CAD ticks up after Thursday’s downfall ahead of Retail Sales data
The Canadian Dollar edges up after a sharp sell-off on Thursday. A sharp correction in the oil price dragged the…
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EUR/USD corrects to near 1.1560 as USD gains ground
EUR/USD retraces to near 1.1560 from the weekly high of 1.1616 as the US Dollar gains ground. Diminished fears of…
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USD/JPY Price 20-day EMA acts as key support zone around 157.50
USD/JPY jumps to near 158.33 as the US Dollar regains ground after a sharp decline on Thursday. BoJ’s Ueda is…
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GBP/USD Price 38.2% Fibo retracement acts as key barrier near 1.3470
GBP/USD corrects to near 1.3400 from its weekly high of 1.3467 posted on Thursday. The BoE left interest rates on…
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Offshore Yuan Falls, Still Set for Weekly Gains
The offshore yuan weakened to 6.89 per dollar on Friday, reversing the previous session’s gains as a stronger greenback weighed…
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Trade of The Day – EUR/USD
Facts EURUSD (D1 timeframe): the pair has fallen below the 1.150 level and remains under pressure due to dollar strength.…
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EUR/USD Under Renewed Selling and Central Bank Narritives
EURUSD is currently under renewed downward pressure, approaching the 1.1450–1.1500 area. A stronger US dollar and rising geopolitical uncertainty are…
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Pound Steady Ahead of BoE Decision
The British pound held near $1.327 on Thursday as investors balanced escalating energy costs against weaker-than-expected UK wage growth, just…
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Chart of The Day – EUR/USD
EUR/USD is posting a modest pullback today, following a sharp move higher from around 1.135 to 1.152. Today may prove…
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