Following poor Chinese PMI data, where manufacturing fell to 49.2 in July, falling short of forecasts, AUD/USD is still muted. The Australian Dollar is under pressure as weak Q2 inflation has effectively eliminated the possibility of an August RBA rate hike. The US Dollar appreciates even as risk aversion diminishes, influenced by recent diplomatic developments. … Read more
USD/JPY has declined to session lows beneath 162.00 following a rejection at 1262.40 on Monday. The US Dollar Index fluctuates without a definitive direction following a retreat from the peaks observed last week. Traders are poised to analyse the forthcoming release of the Fed’s minutes on Wednesday, which will inform their investment strategies. The Japanese … Read more
EUR/USD is currently at 1.1625 during midday European trading on Tuesday, reflecting a decrease of 0.15% from the previous day’s close. The pair is moving within a narrow range beneath the 1.1650 resistance level that has characterised its price movements throughout the month. The 5-day moving average is positioned at 1.1601, while the 50-day moving … Read more
GBP/USD is currently trading at approximately 1.34993 in late European trade on Monday, reflecting an increase of about 0.51% to 0.60% during the session. The pair has reached a high near 1.3506, marking the strongest level observed in approximately a week and a half. The intraday movement is supported by a well-defined narrative. Brent crude … Read more
EUR/USD is currently at 1.1604 in mid-session Friday trade, May 22, 2026, reflecting a decline of approximately 0.15% for the day and poised to finish the week lower for the fourth consecutive session. The pair has been subtly declining beneath a descending trendline established from the early-May rejection at 1.1795, with intraday movements navigating through … Read more
GBP/USD is currently at 1.3500 on Wednesday, May 13, 2026, following a 10-day low after experiencing a third consecutive day of losses against a strengthening U.S. dollar. The session has yielded a decline ranging from 0.25% to 0.57% on the day, contingent upon the data source, with intraday figures converging around 1.3500 according to one … Read more
On Wednesday, May 13, 2026, the EUR/USD exchange rate stands at 1.17128, marking a continuation of its downward trajectory for the third consecutive session as it falls below the significant 1.1700 threshold. The intraday low has reached the 1.1680 to 1.1700 contention zone, while the earlier morning print of 1.17363 has been gradually diminished, reflecting … Read more
On Wednesday, May 13, 2026, the USD/JPY is trading at 157.87, having extended a three-session bullish streak that has resulted in an approximate 0.8% gain in the short term, propelling the price toward a four-day high near 157.80. The intraday tape has recorded a 0.12% gain for the session, while related FX correlations indicate EUR/USD … Read more
The USD/JPY pair is currently trading at ¥157.60 on Tuesday, following a second consecutive session of gains. This movement has propelled the dollar closer to the ¥158 psychological threshold, which has been a significant marker in the recent recovery cycle. The session commenced at ¥157.14 and surged during the European hours, reaching a high close … Read more
The EUR/USD exchange rate experienced a decline following the Federal Reserve’s announcement of its interest rate decision on Wednesday. The decline was also observed as energy prices experienced a surge, influenced by the ongoing rhetoric between the US and Iran. The current trading level stands at 1.1677, slightly below the monthly peak of 1.1855. The … Read more
