The USDJPY moved sharply lower today, driven by renewed concerns over potential Bank of Japan intervention as the pair pushed above the 160.00 level. The USDJPY moved sharply lower today, driven by renewed concerns over potential Bank of Japan intervention as the pair push
OCBC strategists Sim Moh Siong and Christopher Wong highlight that most Asian FX traded softer as Brent’s rise toward USD120/bbl, inflation risks and hawkish Fed repricing weighed on sentiment. OCBC strategists Sim Moh Siong and Christopher Wong highlight that most Asian F
EUR/USD Price Forecast: Consolidates below key Fibonacci level as bulls defend 200-day SMA The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday as the Greenback softens broadly following possible intervention from Tokyo, with authorities seen selling Dollars to...</
Turkey has lost its imports of Iranian natural gas and is again looking to Turkmenistan to cover the gap. Turkey has lost its imports of Iranian natural gas and is again looking to Turkmenistan to cover the gap. But Ashgabat appears to be prioritizing exports to China.
GBP/USD Price Forecast: Bullish-engulfing pattern looms, traders eye 1.36 The GBP/USD advanced by some 0.78% on Thursday as market participants continued to price in further tightening by the Bank of England, even though it kept rates steady earlier. GBP/USD Price Forecast
The GBP/USD advanced by some 0.78% on Thursday as market participants continued to price in further tightening by the Bank of England, even though it kept rates steady earlier. The GBP/USD advanced by some 0.78% on Thursday as market participants continued to price in furt
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The GBPUSD moved lower in the early European session, testing a key swing area between 1.3446 and 1.3465. The GBPUSD moved lower in the early European session, testing a key swing area between 1.3446 and 1.3465. That move also dipped below the key 100-day moving average at
USD/CAD falls as Dollar weakens on possible Japan FX intervention USD/CAD trades on the back foot on Thursday as renewed weakness in the US Dollar (USD) supports the Canadian Dollar (CAD), while the latest US economic data fails to provide support to the Greenback. USD/CAD
USD/CAD trades on the back foot on Thursday as renewed weakness in the US Dollar (USD) supports the Canadian Dollar (CAD), while the latest US economic data fails to provide support to the Greenback. USD/CAD trades on the back foot on Thursday as renewed weakness in the US