Further sideways trading in Australian Dollar (AUD) vs US Dollar (USD) appears likely, probably in a range of 0.6480/0.6520. In the longer run, bias remains…
GBP/USD gathers strength to near 1.3555 in Monday’s early European session. The positive view of the pair prevails above the key 100-day EMA with the…
USD/CAD edges lower US Dollar corrects downward on Monday. US Treasury Secretary Scott Bessent is scheduled to meet with Chinese officials on Monday. The upbeat…
The Australian Dollar holds ground following mixed economic data from China released on Monday. China’s Consumer Price Index declined by 0.1% in May, against the…
The Mexican Peso extends its gains against the US Dollar as markets adopt a ‘risk-on’ sentiment following the easing of US-China tensions. USD/MXN remains in…
NZD/USD retreated from an eight-month high of 0.6081, recorded on Thursday. US Weekly Initial Jobless Claims climbed to 247,000, above the expected 235,000. Market sentiment…
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6400. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
Silver prices maintain their bid tone, favoured by a weak USD.. Weak US services and employment figures boosted safe-haven demand on Wednesday. XAG/USD is moving…
GBP/USD remains below 1.3550 as US Dollar recovers ground, signals a technical correction GBP/USD retraces its recent gains from the previous session, trading around 1.3550 during…
GBP/USD may regain its ground as the US Dollar may return under downward pressure amid US economic uncertainty. The soft US economic data raised the…