Analysis

The AUD/USD pair rises after a mild correction to near 0.6755 in Friday’s European session. The Aussie asset aims to recapture the round-level resistance o

EUR/USD is now entirely driven by the US Dollar (USD) leg as French political risk has now been sidelined while waiting for news on coalition talks. The Eu

USD/CAD retraces its gains from the previous session, trading around 1.3620 during the European hours on Friday.

NZD/USD hovers around 0.6100 in early European trading hours on Friday as investors react to New Zealand’s weak PMI data.

During Thursday's trading session, the AUD/JPY pair witnessed sharp losses towards 107.30.

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