USD
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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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EUR/USD eases from October highs amid USD uptick; holds above mid-1.1600s
EUR/USD struggles to capitalize on the overnight strong gains amid a modest USD recovery. The divergent Fed-ECB policy expectations back…
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Yen Firms Up on BOJ Rate Hike Bets
The Japanese yen strengthened toward 155 per dollar on Thursday, trading near its highest level in more than two weeks…
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Offshore Yuan Retreats on Weak Fixing
The offshore yuan weakened to around 7.05 per dollar, retreating from a more than one-year high in the prior session…
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Chart of The Day – AUD/USD
AUDUSD continues its rally, adding another 0.3% amid broad dollar weakness and the newest GDP print for Australia. Data came in…
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EUR/USD Price Forecast: Extends the recent rally to near 1.1650 amid bullish signal
EUR/USD strengthens to near 1.1635 in Wednesday’s Asian session. The major pair keeps the bullish vibe unchanged above the key…
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NZD/USD holds positive ground above 0.5750 on upbeat Chinese Services PMI data
NZD/USD gains momentum to near 0.5750 in Wednesday’s early European session. Upbeat Chinese Services PMI data and less dovish-than-expected stance…
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GBP/USD edges higher above 1.3200 as Fed rate cut bets pressure US Dollar
GBP/USD gains ground to around 1.3235 in Wednesday’s early European session. Rising December Fed rate cut bets continue to undermine…
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