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Forex
EUR/GBP hits two-month low as geopolitical tensions pressure Euro
EUR/GBP trades around 0.8690 on Monday at the time of writing, down 0.20% on the day, hitting its lowest level in more than two months. The cross loses ground as geopolitical…
EUR/CAD trades around 1.6100 after paring recent losses
EUR/CAD remains in the negative territory after paring daily losses, trading around 1.6100 during the European hours on Monday. The currency cross pares recent losses as the…
USD/CHF holds ground near 0.7950 as Swiss Real Retail Sales miss forecasts
USD/CHF remains firm following the weaker-than-expected Swiss Real Retail Sales, which rose 2.3% year-over-year in November, falling short of the expected 2.9% but coming above the…
Japanese Yen recovers from two-week low vs USD; bearish bias remains
The Japanese Yen (JPY) recovers slightly from a nearly two-week low, touched against a broadly firmer US Dollar (USD) earlier this Monday, though retains its negative bias heading…
Indian Rupee slumps on Trump’s tariff threats, geopolitical risks
The Indian Rupee (INR) slides to a fresh almost two-week low against the US Dollar (USD) at the open on Monday. The USD/INR pair jumps to near 90.50 as the Indian currency weakens,…
Eyes 100-day SMA support near 1.1665
The EUR/USD pair attracts heavy selling for the second straight day and dives to a nearly four-week trough, around the 1.1670 region, during the Asian session on Monday. Bearish…
Australian Dollar declines after China’s RatingDog Services PMI
The Australian Dollar (AUD) holds losses against the US Dollar (USD) following the release of China’s RatingDog Services Purchasing Managers’ Index (PMI) on Monday, which declined…
USD/CAD edges higher to near 1.3750 due to geopolitical risks
USD/CAD extends its gains for the second successive session, trading around 1.3750 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) strengthens on…
NZD/USD rebounds from one-month low, keeps the red above mid-0.5700s
The NZD/USD pair rebounds from its lowest level since early December, around the 0.5725-0.5720 region, touched during the Asian session on Monday, and fills the weekly bearish gap…
EUR/USD falls to near 1.1700 due to safe-haven demand
EUR/USD extends its losses, trading around 1.1710 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) strengthens on safe-haven demand, driven by a…