The currency pair struggles to break above 50- and 100-day SMAs, capping gains despite recent bullish momentum. EUR/JPY remains flat near 184.69 after two days of gains, as buyers fail to overcome resistance around 184.70. The cross is testing a confluence of the 50- and 1
The USD/JPY pair stabilizes near 159.50 after Japan’s currency intervention fails to sustain gains above 160.00. The dollar traded near 159.50 against the yen on Tuesday, retreating from a session high just below 160.00. The yen’s pullback follows a record intervention by
Japan’s 14 trillion Yen currency defense in July erased 900 pips but the Yen has since surrendered over half those losses amid persistent USD strength. The Dollar climbed to 159.50 Yen on Tuesday, nearing its highest level since Japan and the U.S. intervened in late July t
The currency pair remains range-bound with bullish momentum stalling as technical indicators suggest a possible pause in trends. The GBP/JPY cross-pair traded near 216.00 on Tuesday, showing little movement as buyers and sellers failed to break key levels. The pair oscilla
The British Pound remains near its strongest level since early May, recovering nearly 300 pips from a 1.3300 base. The British Pound traded near 1.3550 against the US Dollar on Tuesday, consolidating after reaching a three-month high just below 1.3600. The move marks a nea
Sterling nears 1.3600 as US-driven momentum overshadows UK labor data showing pay growth above BoE forecasts. The British Pound climbed to its highest level since early May, trading near 1.3550 against the Dollar on Tuesday, driven by external factors rather than domestic
The New Zealand Dollar remains subdued against the US Dollar amid cautious market sentiment and a resilient greenback. The NZD/USD pair holds around 0.5870 on Tuesday, slightly lower for the session. A firmer US Dollar continues to pressure the New Zealand currency, reflec
The New Zealand Dollar remains subdued against the US Dollar amid safe-haven demand and geopolitical tensions in the Middle East. NZD/USD trades around 0.5870 on Tuesday, slightly lower as the US Dollar maintains strength. The Greenback’s safe-haven appeal has risen due to
The Colombian peso strengthened to levels unseen since 2019, defying three weeks of negative economic developments. The USD/COP pair fell 1.27% to close at 3,091.9 on Tuesday, breaching the 3,101.9 support level and reaching its lowest point in seven years. The move occurr
Analysts expect the yuan to trade in a tight range near 6.74 against the dollar amid subdued momentum and lack of new drivers. The Chinese yuan has shown little movement against the US dollar, with USD/CNH trading in a narrow range around 6.7441, down 0.01% from last Frida
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