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EUR/USD – Likely find direction after Fed’s policy announcement
EUR/USD trades calmly near 1.1700 ahead of the Fed-ECB monetary policy announcement. Both the Fed and the ECB will likely…
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Canadian Dollar consolidates vs USD as traders keenly await BoC/FOMC rate decisions
USD/CAD struggles to capitalize on the overnight recovery gains amid a combination of diverging forces. The US-Iran statement benefits the…
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GBP/USD – Hovers around nine-day EMA near 1.3500
GBP/USD may appreciate toward the two-month high of 1.3599. The 14-day Relative Strength Index near 56 signals positive momentum without…
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Chart of the day – USDJPY with mixed reaction to cautious Bank of Japan decision. Is stagflation heading to Japan?
The Bank of Japan kept interest rates unchanged at 0.75%, in line with market expectations, although the reaction of the…
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USD/INR boards fresh rally as oil prices remain elevated
The Indian Rupee falls further against the US Dollar as higher oil prices boost demand for the Greenback by Indian…
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US Dollar Index holds gains near 98.50 due to safe-haven demand
US Dollar Index gains on safe-haven demand as stalled US–Iran peace talks dampen risk sentiment. Tehran signaled that it could…
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USD/CHF gathers strength above 0.7850 as Fed rate decision looms
USD/CHF gains traction around 0.7865 in Tuesday’s early European session. Fed interest rate decision will take center stage on Wednesday,…
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EUR/USD Holds above 1.1700 as USD bulls seem hesitant ahead of FOMC meeting
EUR/USD edges lower as the US-Iran stalemate revives demand for the safe-haven USD. Bets for at least one Fed rate…
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Canadian Dollar dips vs USD; Oil strength to limit losses and cap USD/CAD
USD/CAD edges higher during the Asian session on Tuesday, though the upside seems limited. The uncertainty over US-Iran peace talks…
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GBP softens as markets await Fed and BoE rate decisions
GBP/USD drifts lower to near 1.3525 in Tuesday’s early Asian session. Fed is widely expected to leave rates unchanged at…
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