The GBP/USD pair remains in an ascending channel pattern. The pair may face immediate resistance at the two-month high of 1.2690. The primary support appears…
The Indian Rupee weakens in Tuesday’s Asian session. Renewed US Dollar demand and persistent foreign outflows continue to weigh on the INR. The Conference Board’s…
NZD/USD declines amid sour market sentiment after Trump announces to proceed with tariffs on Canada and Mexico. Chicago Fed President Austan Goolsbee stated that the…
Bloomberg reported in a gated story carried early Tuesday, US President Donald Trump’s administration seeks to tighten chip controls on China. Additional takeaways US urges…
Silver attracts some buyers on Tuesday and snaps a two-day losing streak. Mixed technical indicators on the daily chart warrant some caution for bulls. Corrective…
The Japanese Yen attracts sellers for the second straight day amid sliding JGB yields. A further USD recovery from over a two-month low further lends…
Bank of Korea (BoK) Governor Rhee Chang-yong explained the reasons behind the interest rate cut decision in his post-policy meeting press conference on Tuesday. Additional takeaways Tuesday’s…
The Australian Dollar declines due to escalating trade tensions. Traders await Australia’s monthly inflation report due on Wednesday seeking key insights into the RBA’s policy…
The People’s Bank of China (PBOC), China’s central bank, injected CNY300 billion on Tuesday via the one-year Medium-term Lending Facility (MLF), maintaining the rate at 2%. Meanwhile,…
AUD/JPY posts a modest recovery after last week’s sharp losses. RSI remains stuck in negative territory, signaling limited bullish momentum. The trading below the 20-day…