EUR/USD rose slightly on Monday, starting to climb from around 1.0770, but the bullish momentum is still limited, and EUR/USD has difficulty breaking through the 1.0800 mark. The final value…
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In early Asian trading on Tuesday, GBP/USD consolidated its gains around 1.2560. A weaker US dollar (USD) has provided some support for GBP/USD amid stronger appetite for risk assets. Investors…
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GBP/JPY’s gains hit 0.50% on Monday amid losses in safe-haven currencies. If GBP/JPY remains above 196.00, the upward trend will continue, with key resistance levels above 197.92 and 200.00. GBP/JPY…
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During Monday’s session, the EUR/JPY currency pair showed strong bullish momentum, rising to 168.52 points at one point, up 0.45%. However, underlying short-term indicators observed on the hourly chart suggest…
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NZD/USD is trading modestly lower during Monday’s trading session, with sellers taking the upper hand. NZD/USD faces strong resistance at the 200-day simple moving average (SMA), making it difficult to…
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The U.S. dollar index (DXY) was modestly lower at 105.35 at the midpoint of the U.S. session on Monday. Strength in markets and the Federal Reserve’s (FED) hawkish stance on…
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During early European trading on Monday, USD/CAD recovered some of its losses near 1.3680. Meanwhile, the U.S. Dollar Index (DXY) remains positive around 105.30 ahead of key U.S. economic data.…
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The Australian dollar’s losses widened on Monday, possibly due to the Reserve Bank of Australia’s less hawkish stance following Tuesday’s decision to keep interest rates unchanged at 4.35%. There is…
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NZD/USD continued its decline for a second day, trading around 0.6000 during the Asian session on Monday. After the Reserve Bank of New Zealand released its two-year inflation forecast (QoQ)…
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The Australian dollar’s losses widened on Monday, possibly due to the Reserve Bank of Australia’s less hawkish stance following Tuesday’s decision to keep interest rates unchanged at 4.35%. There is…