USD/CHF holds above 0.7939 support, but sustained break risks retest of 0.7900 and September’s 0.7829 yearly low. RSI remains in bearish territory, though early signs suggest...
Sterling gains as the Fed is seen delivering two cuts, while the BoE is expected to hold rates steady despite stalled disinflation. BoE’s Ramsden is confident...
GBP/USD ends Thursday down 0.78%, trades below all major SMAs as it hits four week low. US macro data trims dovish Fed bets, bolstering the Dollar,...
GBP/JPY retreats 0.27% to 199.72 after rejection near 200.34 weekly high. UK debt auction shows weaker demand, stoking fiscal worries ahead of Reeves’ November 26 autumn...
Powell says risks to jobs are rising, but inflation is “somewhat elevated,” keeping the Fed cautious despite easing bets. US New Home Sales surged 20.5% in...
GBP/USD rose 0.33% on Monday, shaking off a three-day downturn. Tuesday will deliver a double-header of PMI survey results. Key US inflation data looms large now...
St. Louis Fed President Alberto Musalem explained on Monday that he backed last week’s rate cut, describing it as a precaution to safeguard the job market....
The Canadian Dollar found a foothold on Friday, reversing early losses. Canadian Retail Sales contracted more than expected in July, but Loonie bulls shrugged off the...
AUD/USD tested 0.6688 for the first time since last October. The US Dollar is broadly falling across the board ahead of the Fed’s upcoming rate call....
AUD/USD tested 0.6688 for the first time since last October. The US Dollar is broadly falling across the board ahead of the Fed’s upcoming rate call....
Major central banks will host their monetary policy decisions, though the Federal Reserve (Fed) remains at the center stage. Expectations of a resumption of the easing...
USD/CHF up 0.12% but trades below 20- and 50-day SMA confluence at 0.8019/23, keeping sellers in control. RSI bearish but flat, suggesting near-term consolidation unless breakout...
The Euro hovers around 1.1700 after retreating from 1.1780 highs following reports of Russian drones in Poland’s airspace. The US Dollar Index bounces from lows as...
USD/CHF breaks under 50-day SMA at 0.8020, closing below 0.8000 with momentum favoring further downside. Bears eye 0.7950 and July 23 low at 0.7911, with path...
The US Dollar (USD) traded on the defensive, setting aside gains recorded in the previous day as investors assessed the recent sharp advance in global yields,...
GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50. US JOLTS report shows July job openings fell sharply,...
The Canadian Dollar snapped it’s recent win streak against the US Dollar on Monday. Both Canadian and US markets are dark for the long weekend holiday....
AUD/USD gained ground for a fourth straight session on Friday. The Aussie is gaining ground on a slumping US Dollar as Fed rate cut hopes remain....
The foreign exchange market, also known as Forex, is the world’s largest financial market, with several trillion dollars traded daily. Unlike Equity markets, which are influenced...
In the world of trading, particularly in the foreign exchange (Forex) market, investors often focus on charts, technical indicators or macroeconomic news. Yet, there’s one crucial...