USD
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GBP/USD sticks to modest gains above 1.3300 as dovish Fed outlook weighs on USD
GBP/USD gains some positive traction as dovish Fed expectations undermine the USD. Bets for a BoE rate cut this month…
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EUR/USD strengthens to near 1.1650 on Fed rate cut bets and strong German data
EUR/USD edges higher to around 1.1645 in Tuesday’s early European session. The US central bank is expected to deliver a…
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USD/INR retraces as FIIs selling momentum cools down
The Indian Rupee attracts bids against the US Dollar; however, its outlook remains uncertain. The amount of stake dumped by…
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EUR/USD – JP Morgan Recommendation
JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair…
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Won Strengthens on Budget Approval, Policy Optimism
The South Korean won strengthened to around 1,467 per dollar on Monday, recovering from multi-month lows as sentiment was bolstered…
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Offshore Yuan Steady After Trade Data
The offshore yuan steadied around 7.06 per dollar on Monday, with market sentiment remaining subdued amid strong foreign demand and…
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Trade of The Day – EUR/USD
Facts: The rate maintains an upward dynamic according to the structure of the EMA100 and EMA200 averages. The MACD line…
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Dollar Set for Second Weekly Decline
The dollar index steadied around 99 on Friday but was still poised for a second straight weekly decline, weighed down…
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Trade of The Day – GBP/USD
Facts:The price broke above key resistance at 1.3212GBPSUD invalidated 1:1 structureThe price sits above the 100-period moving average from D1…
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GBP/USD softens below 1.3350 on renewed US Dollar demand
GBP/USD weakens to near 1.3330 in Thursday’s Asian session. Softer US economic data and the prospect of White House economic…
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