EUR/GBP remains stronger after the widely expected ECB’s 25 basis point rate cut on Thursday. The ECB reiterated its commitment to stabilizing inflation at its…
During trading on Thursday, we saw the Light Sweet Crude / West Texas Intermediate Crude Oil market rally a bit, as we continue to see…
The USD/INR gives up initial gains and falls to near 85.70 even as the RBI has cut its Repo Rate by 50 bps to 5.5%.…
WTI trades around $62.80 on Thursday, up 1.20% but below the session high of $63.30. Price action breaks out of bullish flag pattern, confirming short-term…
Federal Reserve (Fed) Board of Governor member Adrianna Kugler noted on Thursday that although growth remains firm (albeit subdued) and Fed policy appears to be…
Bullish view Buy the EUR/USD pair and set a take-profit at 1.1570. Add a stop-loss at 1.1300. Timeline: 1-2 days. Bearish view Sell the EUR/USD…
NZD/USD gains traction to around 0.6035 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted in May, the first time in nearly a…
Bullish view Buy the GBP/USD pair and set a take-profit at 1.3650. Add a stop-loss at 1.3430. Timeline: 1-2 days. Bearish view Sell the GBP/USD…
WTI price climbs to around $62.80 in Wednesday’s early Asian session. Rising geopolitical risks and supply fears support the WTI price. OPEC+ decided to raise…
US Dollar (USD) could decline further; given the deeply oversold momentum against Japanese Yen (JPY), a clear break below 142.10 appears unlikely. In the longer…