USD/CNH has lost traction after failing to hold above its 50-DMA and now trades below key March support, with the pair’s inability to reclaim 7.30…
USD/CHF forms bullish harami near 0.8200 support, signaling possible upside correction. Resistance levels to watch: 0.8250, 0.8300, and May highs at 0.8317 and 0.8332. A…
Mexican Peso is down 0.58% as market braces for Fed meeting and April inflation figures from Mexico. Banxico faces pressure if CPI reaccelerates; current inflation…
XAU/USD slumps, set to lose over 2.5% weekly as traders scale back Fed rate cut bets and risk appetite improves. April NFP beats estimates; unemployment…
GBP/USD is pressured as risk sentiment wavers and the Fed is seen cutting later than the BoE. UK manufacturing contracts for seventh month; traders price…
The Canadian Dollar (CAD) has slipped a little overnight after briefly probing sub-1.38 levels late yesterday. President Trump commented that PM Carney will visit Washington…
EUR/GBP trades near the mid-0.8500s after gaining ground post-European session. Bullish bias intact despite mixed short-term signals. Key moving averages and longer-term indicators support upside…
EUR/USD falls to near 1.1370 as major nations in the Eurozone have indicated that price pressures grew moderately. The pair falls even as the Eurozone…
Gold retreats as DXY climbs 0.27%, capping bullion’s recovery despite soft US data. Trump hints at easing auto tariffs, boosting equities and dampening safe-haven flows.…
Sterling drops 0.29% after failing to hold gains near YTD highs. US JOLTS and CB Confidence data miss forecasts, fueling Fed rate cut speculation. Traders…