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Forex
PBOC sets USD/CNY reference rate at 7.1963 vs. 7.1956 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1963 as compared to the previous day's fix of…
Pound Sterling Price News and Forecast: GBP/USD contracts into near-term midrange ahead of key UK and US data
GBP/USD contracts into near-term midrange ahead of key UK and US data
GBP/USD pared recent gains on Wednesday, trimming back to the low side of the 1.3300…
Australia’s unemployment rate set to remain unchanged at 4.1% in April
The Australian Unemployment Rate is foreseen unchanged at 4.1% in April.Employment Change is expected to post a modest advance at the beginning of the second…
AUD/NZD price analysis: Aussie holds near 1.0900 as bullish tone persists
AUD/NZD trades around the 1.0900 zone with limited movement in Wednesday’s session.Mixed signals from momentum indicators, though shorter-term averages favor…
Forex Today: Focus turns to Powell and US hard data
The US Dollar (USD) reversed earlier losses and edged higher on Wednesday, as investors shifted away from risk-linked assets amid continued optimism around US…
NZD/USD steadies near bottom of range as Dollar weakens on soft inflation and policy concerns
The pair trades near the 0.5900 zone after trimming intraday losses amid mixed technical signals.Weak US inflation and speculation of a soft-Dollar policy…
US Dollar softens as Gold slides below $3,200 on risk rebound
Gold drops to $3,182 amid China trade truce and fading safe-haven demand.DXY dips toward 100.60 as CPI miss renews rate cut speculation.Fed expected to hold…
USD/KRW gets knocked lower by US-Korea currency talks
USD/KRW briefly backslid below 1,400.00 on Wednesday as the Korean Won catches a bid.Details remain thin, but US representatives were reported to have engaged…
USD/CAD eyes breakout as price tests 50-day EMA, momentum builds above 1.3950
USD/CAD trades near 1.3975, approaching the 50-day EMA at 1.4030.Daily RSI holds above 52, price structure points to potential breakout.4-hour chart shows…
Gold breaks $3200 as Chinese ETF inflows stall – TDS
Gold fell below $3200/oz as a pause in Chinese ETF flows and geopolitical optimism triggered a pullback—but underlying support from central banks and…