EUR/USD declines as the US Dollar strengthens following three consecutive sessions of losses. Fed Governor Michelle Bowman warned that upside inflation risks persist, stressing the need...
EUR/USD slips to 1.0475 on Monday, pausing after last week’s sharp rally. The pullback appears to be a technical correction, with key support levels in focus....
GBP/USD maintains last week’s gains after upbeat UK GDP data. BoE’s Catherine Mann signals dovish shift, weighing on sentiment. Traders eye UK jobs, inflation data; Fed...
The US Dollar Index may find key support near the descending channel’s lower boundary at 106.30. The 14-day RSI is below 50, signaling increasing bearish momentum....
AUD/USD softens to around 0.6345 in Monday’s early Asian session. The RBA poises to deliver the first rate cut in four years. The Aussie is benefiting from an...
NZD/USD surges more than 1% on Friday, reaching its highest level since late January. The pair extends gains above 0.5730, setting its sights on the 100-day...
EUR/USD extends gains, rising to 1.0500 on Friday, hitting its highest level since late January. The pair strengthens above the 20-day SMA, reinforcing a shift in sentiment...
Here is what you need to know on Friday, February 14: The US Dollar holds steady in the European morning on Friday after suffering large losses...
USD/CHF drifts higher to near 0.9045 in Friday’s early European session. US PPI inflation dampens Fed rate cut odds. Israel said Hamas must release three hostages...
USD/CAD may test immediate support at the lower threshold of the falling wedge at 1.4160. The daily chart technical analysis shows a falling wedge pattern, signaling...
GBP/USD advanced as US Dollar weakened amid lower US yields. US Core PPI inflation rose to 3.6% YoY in January, exceeding the expected 3.3% but slightly...
The Australian Dollar appreciates as Trump postpones the implementation of reciprocal tariffs. The AUD may face headwinds as the RBA maintains its rate-cut stance following a...
NZD/USD gains ground to near 0.5680 in Thursday’s early Asian session. US PPI inflation rose at a stronger pace than expected in January. The RBNZ is...
EUR/USD rises to 1.0385 on Thursday, confirming a breakout above the 20-day SMA. A sustained move above 1.0400 could further strengthen bullish sentiment, while the 20-day...
NZD/USD could explore the area around the psychological level of 0.5600. The 14-day RSI remains below the 50 mark, strengthening the bearish sentiment. The immediate barrier...
GBP/USD gains ground possibly as traders project annual UK GDP to expand in Q4 2024. BoE’s Catherine Mann expressed concerns over weakening demand in the United...
NZD/USD struggles as RBNZ’s latest monetary conditions survey reveals a mixed outlook for Q1 2025 across various time frames. NZ two-year inflation expectations declined to 2.06%...
The Australian Dollar faces headwinds due to increased risk aversion. Australia’s Consumer Inflation Expectations rose to 4.6% in February from 4.0% prior. The US Dollar may...
EUR/USD drops on Thursday, slipping to 1.0355 after recent gains. After rising above the 20-day SMA earlier in the week, the pair faces renewed selling pressure and...
EUR/USD rises to 1.0335 on Tuesday, gaining bullish momentum. The pair surges past the 20-day SMA at 1.0360, signaling a potential trend shift. RSI climbs to...