USD/CHF NOSEDIVES - DOLLAR DECLINE TRIGGERS SHARP DROP The USD/CHF currency pair has experienced a significant downturn, breaking through key technical levels and reflecting broader market shifts. Technical Breakdown Below 0.8200 and 0.8050 Levels The pair has fallen below critical support levels, including 0.8200 and
USD/CAD FORECAST: RISKS TILTED HIGHER AS BOC OFFERS CAUTIOUS PAUSE Bank of Canada Pauses Rate Cuts Amid U.S. Tariff Uncertainty. On April 16, 2025, the Bank of Canada (BoC) held its key policy interest rate steady at 2.75%, marking a pause after seven consecutive rate cuts initiated
USD/CNY FACES UPWARD PRESSURE AMID RISING US-CHINA TRADE TENSIONS China's Q1 2025 Economic Performance Surpasses. China's economy grew by 5.3% year-on-year in Q1 2025, exceeding the anticipated 4.8%. This growth was driven by robust consumer stimulus measures and proactive export shipments ahead of
USD/CHF REMAINS BELOW 0.8200 DUE TO MUTED TRADING ACTIVITY USD/CHF Hovers Around 0.8180 Amid Thin Trading During the Asian trading hours on Friday, April 18, 2025, the USD/CHF currency pair slipped slightly to approximately 0.8180. This movement follows previous session gains and occurs amid
EUR/JPY HOLDS STEADY ABOVE 161.50 AMID THIN TRADING VOLUME ON GOOD FRIDAY EUR/JPY Maintains Position Above 161.50 The EUR/JPY currency pair remains steady above the 161.50 level during the early European session on Friday, April 18, 2025. This stability is attributed to thin trading
NZD/USD REMAINS BELOW FIVE-MONTH HIGHS NEAR 0.6000 DUE TO TRADE POLICY FOCUS The NZD/USD currency pair is trading subdued around 0.5970 during Friday's Asian session, holding near Thursday's five-month high of 0.5979 after seven consecutive days of gains. The pair could
FALLS AS TRADERS EYE JULY FED CUT – GBP/USD AND EUR/USD US Dollar Weakens Amid Fed Rate Cut Expectations. Market participants are pricing in 86 basis points of rate cuts for the remainder of 2025, with a July rate cut fully expected, according to LSEG data. Cooling Inflation and
USD/JPY WEAKENS BELOW 142.50 AFTER JAPANESE CPI DATA SHOWS 3.6% YoY IN MARCH The USD/JPY currency pair has softened to approximately 142.25 during Friday’s Asian session, reflecting a decline from the previous day’s levels. This movement follows the release of Japan's
USD/CAD MOVES ABOVE 1.3850, UPSIDE SEEMS RESTRAINED DUE TO IMPROVED OIL PRICES The USD/CAD currency pair has recently moved above the 1.3850 level, with the upside appearing limited due to improved oil prices. USD/CAD is trading around 1.3860 during the Asian hours, halting its
GBP/USD RISES AS THE US DOLLAR COMES UNDER PRESSURE The British pound (GBP) has shown resilience against the US dollar (USD), continuing its upward momentum from April 8 and trading near 1.3280 during Friday's Asian session. GBP/USD is trading around 1.3280, reflecting a strong
EUR/USD PRICE FORECAST: GATHERS STRENGTH ABOVE 1.1350, BULLISH BIAS REMAINS The EUR/USD currency pair has recently shown bullish momentum, trading above the 1.1350 level during the early European session on Friday. EUR/USD is trading around 1.1370, indicating a strengthening of the Euro against the
GBP/USD PRICE FORECAST: RALLY PAUSES NEAR 1.3300 AMID TRADE TALKS AND USD STRENGTH GBP/USD Pulls Back After Reaching 1.3292 The GBP/USD currency pair experienced a modest decline to approximately 1.3230 during Thursday's European trading session, retreating from its recent high of 1.