USD
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Chart of the Day – USD/JPY Under The Shadow of Hormuz and the BOJ?
The USDJPY pair continues to trade in a heightened uncertainty environment, where geopolitical factors, macroeconomic data, and growing expectations regarding…
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Canadian Dollar flat lines as traders await US PMI data
USD/CAD holds steady near 1.3670 in Thursday’s early European session. Trump extended the ceasefire and vowed to continue the US…
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When are the German/ Eurozone flash HCOB PMIs for April and how could they affect EUR/USD?
German/ Eurozone flash PMIs Overview The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for April is due for…
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JPY strengthens on extended US-Iran ceasefire
USD/JPY softens to around 159.35 in Thursday’s Asian session. Trump said the ceasefire agreed on April 7 would stay in…
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GBP/USD Tests nine-day EMA support after slipping below 1.3500
GBP/USD may rebound toward the two-month high of 1.3599. The 14-day Relative Strength Index near 56 indicates positive momentum without…
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AUD/USD Turns upside down as market sentiment turns risk-off
AUD/USD surrenders early gains and turns negative as investors turn risk-averse after Iranian attacks on three ships in Hormuz. Higher…
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US Dollar Index holds gains above 98.50 as Middle East uncertainty prevails
US Dollar Index gains on safe-haven demand amid Middle East uncertainty and Strait of Hormuz blockade. Iran fired on three…
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USD/CHF climbs further beyond mid-0.7800s as Hormuz risks continue to underpin USD
USD/CHF attracts buyers for the third consecutive day amid a broadly firmer US Dollar. The Hormuz standoff and less dovish…
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Trade of The Day: EUR/USD
Key takeaways How does the technical situation on EURUSD looks like? Facts: EURUSD is trading in an upward move from…
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USD/JPY Price Flirts with 100-hour EMA support, above 159.00 amid softer USD
USD/JPY attracts some sellers and erodes a part of Tuesday’s gains to over a one-week top. The US-Iran ceasefire extension…
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