AUD/JPY RISES ABOVE 90.50 FOLLOWING DISAPPOINTING JAPAN'S EXPORT DATA The AUD/JPY currency pair has recovered from its recent losses, trading near 90.70 during Thursday's European session. This rebound is attributed to the weakening of the Japanese Yen (JPY), following disappointing export data
NZD/USD REMAINS BELOW FIVE-MONTH HIGHS NEAR 0.5950 The NZD/USD pair has retreated from its five-month high of 0.5945, trading around 0.5920 during Thursday's European session. This decline follows a six-day winning streak and is attributed to a modest rebound in the US dollar.
EUR/GBP HOLDS BELOW 0.8600 AHEAD OF ECB RATE DECISION EUR/GBP Weakens Ahead of ECB Meeting The EUR/GBP currency pair is trading below the 0.8600 mark during Thursday's early European session. This decline reflects market expectations that the European Central Bank (ECB) will implement
NZD/USD PRICE FORECAST: EXTENDS REJECTION SLIDE FROM 50% FIBO.; DROPS TO 0.5900 NEIGHBORHOOD NZD/USD Pulls Back from Year-to-Date Highs The NZD/USD pair retreated from the mid-0.5900s, touching a fresh year-to-date high during Thursday's Asian session. This decline was prompted by stronger-than-expected consumer inflation
EUR/USD PRICE FORECAST: SOFTENS TO NEAR 1.1350, OVERBOUGHT RSI CONDITION EYEED The EUR/USD pair eased to around 1.1365 during Thursday's early European session, retreating from recent highs. This pullback comes as traders await the European Central Bank's (ECB) interest rate decision later
USD/CHF HOLDS GAINS NEAR 0.8150, HOVERS NEAR MULTI-YEAR LOWS DUE TO SAFE-HAVEN DEMAND The USD/CHF currency pair is attempting to recover from recent losses, trading around 0.8160 during Thursday's Asian session. it remains close to the 0.8099 mark—its lowest level since September
EUR/JPY TRADES WITH POSITIVE BIAS ABOVE 162.00; LACKS FOLLOW-THROUGH AHEAD OF ECB EUR/JPY Holds Above 162.00 Amid ECB Rate Cut Expectations The EUR/JPY currency pair maintains a positive bias, trading above the 162.00 mark during Thursday's Asian session. This movement is influenced
GBP/USD TRADES BELOW 1.3250 AFTER RETREATING FROM SIX-MONTH HIGHS On April 16, 2025, GBP/USD reached a six-month high of 1.3292 but retreated to around 1.3230 during Thursday's Asian session, snapping a seven-day winning streak. The U.S. dollar continued its decline, with both
Gold Prices Surge to Record Highs gold prices have reached unprecedented levels, surpassing $3,200 per ounce. This surge marks a significant milestone, with gold becoming the most crowded trade among investors, surpassing even U.S. megacap tech stocks for the first time in two years. The rally in gold
USD/INR RECOVERS ON TRADE WAR WORRIES On Thursday, April 17, 2025, the Indian Rupee (INR) declined, ending a five-day winning streak. The depreciation was influenced by a weakening Chinese Yuan, attributed to escalating trade tensions between the U.S. and China. This development exerted pressure on most Asian currencies,
XAG/USD MOVES BELOW $32.50 DUE TO EASING TRADE CONCERNS On Thursday, April 17, 2025, silver (XAG/USD) traded around $32.30 per troy ounce during the Asian session, paring some of its gains from the previous day. The precious metal faced pressure as global risk sentiment improved following
EUR/USD OUTLOOK: WHY THE DOLLAR KEEPS FALLING? On April 15, 2025, the U.S. dollar continued its decline against the euro, influenced by escalating trade tensions and tariff policies. President Trump's imposition of new tariffs on Chinese imports has led to increased market uncertainty, prompting investors to