Analysis

The USD/CAD pair trades with mild losses near 1.3630 after bouncing off the two-month lows around 1.3588 during the early Asian session on Friday.

EUR/USD rallied to a five-week peak after US CPI inflation flattened the Greenback.

GBP/USD extended into a second day of a topside run, breaking through a firm supply zone and setting a fresh peak for 2024 near 1.2950.

The key support appears at the lower boundary of the ascending channel around 0.6675 level.

The EUR/GBP cross remains on the defensive around 0.8425 during the early European session on Thursday.

The USD/CAD pair consolidates in a tight range above the round-level support of 1.3600 in Thursday’s European session.

EUR/USD found some room on the high side on Wednesday, getting pushed up the charts by broad-market Greenback selling.

The USD/JPY pair trades on a softer note around 161.55, snapping the three-day winning streak on Thursday during the early Asian session.

GBP/USD pushed back into the high end after Fed nods at inflation progress.

The French election resulted in a hung parliament, a somewhat unintuitively pro-market result. The Euro (EUR) still faces downside risks during tricky coal

Global currency volatility has continued to drop rapidly as markets await developments on eurozone and US politics, as well as on the data side. The proxim

USD/CAD has been trading in a range since the start of May. At first it looked like the pair had formed a Symmetrical Triangle pattern but the pattern fail

Political uncertainties and geopolitical risks might boost the safe-haven asset like the CHF. 

The US Dollar appreciated after Fed’s Powell stated that a rate cut is not appropriate until the greater confidence of inflation slows down.

EUR/USD continues to settle closer to 1.0800 after a misfire in market expectations of Federal Reserve (Fed) Chairman Jerome Powell’s testimony before US C

The USD/CAD pair remains capped within a narrow trading range around 1.3635 during the early Asian session on Wednesday.

In the Tuesday trading session, the NZD/JPY pair exhibited a minor uptick, hovering near the 99.00 mark.

GBP/JPY failed to set a new multi-year high on Tuesday as the pair churns on the high end of the 206.00 handle.

The AUD/USD pair turns sideways in Tuesday’s European session after printing a fresh six-month high at 0.6760 on Monday. The Aussie asset consolidates as i

US Fed Chair Powell due to testify before US federal committees this week.