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…
USD/CAD gains ground to around 1.4260 in Monday’s late American session. The downbeat US PMI weighs on the US Dollar, but escalating trade tension might…
The Pound Sterling moves higher as traders expect the BoE to cut interest rates two times more this year. US S&P Global Services PMI contracted for the…
NZD/USD strengthens as Retail Sales rose 0.9% QoQ in Q4 2024, marking the strongest growth in three years. China’s annual policy statement highlights plans to…
AUD/USD drifts higher to near 0.6370 in Monday’s early Asian session, adding 0.25% on the day. China vowed to adopt more targeted measures to stimulate…
WTI struggles to capitalize on a four-day-old recovery from the YTD trough touched this week. Hopes for a solid US fuel demand and concerns over…
NZD/USD trades with mild gains near 0.5765 in Friday’s early Asian session. US Initial Jobless Claims came in weaker than expected last week. Trump tariff…
The Japanese Yen (JPY) is leading the currency run higher on the US Dollar (USD), Scotiabank’s Chief FX Strategist Shaun Osborne notes. Markets position for…
Created on February 20, 2025 Bullish view Buy the AUD/USD pair and set a take-profit at 0.6415. Add a stop-loss at 0.6290. Timeline: 1-2 days.…
NZD/USD rises to near 0.5730 as the US Dollar weakens amid an upbeat market mood. Growing optimism over Russia-Ukraine peace has diminished the safe-haven appeal…