Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
Australian Dollar remains subdued following PMI data, eyes on Middle East conflict
The Australian Dollar depreciates as market sentiment weakens following US attacks on Iran’s three nuclear facilities. Australia’s Services PMI improved…
Read More »-
JPY slides to over one-month low against a firmer USD
The Japanese Yen continues to be weighed down by diminishing odds for a BoJ rate hike in 2025. The Fed’s…
Read More » -
NZD/USD struggles below mid-0.5900s/monthly low as traders await Iran’s response to US strikes
NZD/USD attracts sellers for the third straight day and is pressured by a combination of factors. Rising geopolitical tensions boost…
Read More » -
USD/CHF remains subdued below 0.8200 due to increased safe-haven demand
USD/CHF struggles as the Swiss Franc strengthens on rising safe-haven demand. President Trump said that he had “obliterated” Iran’s main…
Read More » -
Indian Rupee edges higher as Oil retreats, Equities jump, USD/INR holds ground
INR recovers slightly on Friday, lifted by gains in domestic Stocks and a softer US Dollar. Brent Crude Oil trims…
Read More » -
GBP/JPY Price Forecast: Extends rally to 196.60, eyes on 197.00
GBP/JPY up 0.43%, on track for weekly gain over 0.40% amid resilient buyer momentum. Pair nears June 17 high at…
Read More » -
EUR/USD jumps as Trump holds fire on Iran, Waller fuels cut bets
EUR/USD up 0.36%, set to end week flat after Trump delays military action against Iran. Waller’s call for a July…
Read More » -
EUR/GBP gains traction to near 0.8550 on downbeat UK Retail Sales data
EUR/GBP gains ground to around 0.8545 in Friday’s early European session. The UK Retail Sales declined 2.7% MoM in May, weaker…
Read More » -
AUD/JPY climbs to 94.35-94.40 resistance zone; upside potential seems limited
AUD/JPY regains some positive traction following the previous day’s modest decline. A weaker USD benefits the AUD, while reduced BoJ…
Read More » -
EUR/CAD Holds gains above 1.5750 due to persistent bullish bias
EUR/CAD may find the initial resistance at the nine-week high of 1.5845. The 14-day Relative Strength Index remains above the…
Read More »
