DXY was seen trading near the 99.50 area, weakening despite solid US Retail Sales. Trump’s probe into mineral tariffs and China’s export curbs weighed on…
GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data The GBP/USD pair continues its winning streak that began on April 8,…
GBP/USD reached a fresh six-month high at 1.3256 on Wednesday. Markets have largely priced in a 90% probability of a rate cut in May, according…
Pound Sterling (GBP) is performing well on the day with a 0.4% gain vs. the US Dollar (USD) and outperformance against most of the G10…
NZD/USD attracts strong follow-through buying for the fifth straight day amid a bearish USD. US recession fears, Fed rate cut bets, and a positive risk…
USD/CAD has dropped to a six-month low of 1.3833, aligning with the lower boundary of the descending channel. The 14-day RSI signals oversold conditions, suggesting…
EUR/USD trades near the 1.1300 zone after a strong upside in Friday’s session MACD flashes a buy signal while the RSI flashes with overbought territory…
Escalating tensions between the US and China triggered a USD selloff. The Bank of Canada will have a monetary policy meeting next week. USD/CAD trades…
Gold price continues to attract safe-haven flows amid rising US-China trade tensions. Bets for multiple Fed rate cuts weigh on the USD and also benefit…
USD/CAD meets with a fresh supply on Wednesday, though it lacks follow-through. Bet for multiple Fed rate cuts in 2025 weigh on the USD and…