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Forex
EUR/USD drops as Trump’s tax cut bill to boost US inflation
EUR/USD faces pressure above 1.0500 as the US Dollar gains amid a strong recovery in US bond yields.
Republicans-controlled House of Representatives passed…
USD/CNH: Strong support levels at 7.2420 and 7.2350 may stall the fall– UOB Group
US Dollar could edge lower vs Chinese Yuan (CNH), but there is a pair of strong support levels at 7.2420 and 7.2350. In the longer run, failure to hold below…
EU gas prices face pressure – ING
European natural gas prices faced significant pressure yesterday, with TTF ending the day 6% lower, ING’s commodity analysts Warren Patterson and Ewa Manthey…
USD: Biding time ahead of the next tariff headlines – ING
Having been under pressure on a weak set of consumer confidence readings, the dollar has found a little support overnight on news that the House has passed a…
USD/JPY advances to near 149.50, upside seems limited amid hawkish BoJ
USD/JPY could encounter resistance as the likelihood of additional rate hikes by the Bank of Japan increases.
Traders await a set of crucial Japanese…
USD/CHF strengthens to near 0.8950 despite weak US economic data, tariff worries
USD/CHF gains momentum to around 0.8950 in Wednesday’s early European session, adding 0.25% on the day.
The cautious stance from the Fed supports the US…
EUR/JPY gathers strength to near 157.00 as Germany considers to boost defence spending
EUR/JPY gains ground to around 156.95 in Wednesday’s early European session.
The Euro found support from growing optimism following reports that Germany is…
US Dollar Price Forecast: Remains capped below the 100-period EMA near 106.50
The US Dollar Index recovers to near 106.50 in Wednesday’s early European session.
The bearish outlook of the DXY remains intact below the 100-period EMA.…
GBP/USD Price Forecast: Tests 1.2650 support near nine-day EMA
The GBP/USD pair could target the nine-day EMA support at 1.2613.
The 14-day RSI remains above the 50 level, indicating sustained bullish momentum.
The…
Gold price drifts higher amid trade war concerns
Gold price edges higher in Wednesday’s early Asian session.
Trade war concerns among investors boost the safe-haven flows, benefiting the Gold price. …