EUR/USD Outlook: Pair Remains Sub-1.1900 Despite Underlying Bullishness
During Tuesday’s Asian session, EUR/USD retreated slightly to trade near 1.1870, ending a three-day winning streak. Despite this dip, technical…
Category: Foreign Exchange
Japanese Yen stays weak against USD as fiscal concerns neutralize hawkish BoJ stance
During Tuesday’s Asian session, the Japanese Yen (JPY) stayed on the defensive due to concerns regarding Japan’s fiscal stability, driven…
Yen Remains Flat Despite BoJ Outlook Upgrade.
According to ING FX analyst Chris Turner, the Japanese Yen’s reaction to the Bank of Japan’s (BoJ) recent upward revision…
GBP/USD likely to challenge key support at 1.3370 – UOB Group
UOB Group FX analysts Quek Ser Leang and Peter Chia note that despite a lack of significant bearish momentum, Sterling…
UOB Group sees AUD/USD ranging between 0.6655 and 0.6745
Rather than continuing its downward trajectory, the Australian Dollar (AUD) is poised to trade sideways, likely between 0.6670 and 0.6710…
NZD/USD decline remains gentle – UOB Group
According to UOB Group FX analysts Quek Ser Leang and Peter Chia, a mix of decelerating momentum and oversold conditions…
GBP/USD holds steady near the 1.3500 level – Scotiabank
According to Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret, the Pound Sterling (GBP) is trading flat against the…
Scotiabank Reports JPY Strength Against G10 Amidst Calm Trading
According to Scotiabank FX strategists Shaun Osborne and Eric Theoret, the Japanese Yen (JPY) is posting modest gains against the…
USD/INR Remains Steady Before India’s Retail Inflation Data
The Indian rupee came under pressure against the U.S. dollar on Wednesday, lifting USD/INR toward the 88.80 area as traders…
USD/CHF Hovers Near 0.8000 on Growing Fed Rate-Cut Speculation
USD/CHF traded cautiously around the 0.8000 mark in late Asian trade on Wednesday, pressured by a softer dollar amid growing…