Forex

Key takeaways CHWY's Q1 net sales rose 8.3% year over year to $3.12B, led by strength across customer segments. Hardgoods sales rose 12.3% on better…

US Producer Price Index (PPI) data for May slowed, increasing the prospects of a Fed rate cut in September.Tensions between Iran and Israel boost the appeal of…

Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB…

The Swiss franc rallies against a weaker USD on risk-averse markets.The "Sell America" returns with US tariffs back into focus.Soft US inflation figures have…

US-EU deal is achievable; it may come after 9 July, but tariff reprieve is likely to be extended. EU likely to consider unilateral tariff cuts and streamlining…

Australian Dollar (AUD) is expected to trade in a range against US Dollar (USD), likely between 0.6490 and 0.6535. In the longer run, bias remains on the…

The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint.UK exports to the US saw their largest monthly decline in…

USD/INR bounces back as the Indian Rupee underperforms ahead of the Indian CPI data for May.The Indian retail CPI is expected to have grown at a slower…

EUR/GBP strengthens to near 0.8495 in Thursday’s early European session, up 0.27% on the day. UK GDP contracted 0.3% MoM in April, weaker than expected.ECB’s…

USD/CAD may test primary support at the eight-month low of 1.3634.The 14-day RSI remains above 30, reinforcing bearish bias.The primary resistance appears at…