GBP/USD trades near 1.3355 awaiting FOMC minutes The GBP/USD pair is currently trading almost flat at around 1.3355. The pair's stability comes as investors await the release of the Federal Open Market Committee (FOMC) minutes from the June policy meeting.
UOB analysts expect the currency pair to oscillate between 1.1360 and 1.1450 in coming weeks amid fading momentum. EUR/USD failed to extend its recent advance, retreating from highs as momentum weakened, according to market analysis. The pair is now trading in a range, wit
The currency pair trades near 112.70 amid technical support but faces pressure from US-Iran tensions and potential JPY intervention. The AUD/JPY cross climbed to around 112.70 in early European trading on Wednesday, extending its mild bullish bias. The pair remains above k
Traders await Fed minutes for rate clues as EUR gains slightly amid USD volatility and rising Middle East tensions. EUR/USD traded around 1.1410 in Asian hours, recovering minor losses as the USD weakened slightly. Market focus remains on today’s Federal Reserve meeting mi
The Indian Rupee strengthens against the US Dollar early Wednesday, defying geopolitical tensions and rising oil prices. The Indian Rupee (INR) rose against the US Dollar (USD) in early trading Wednesday, pushing the USD/INR pair down to near 95.00. The move comes despite
Indian Rupee strengthens against the US Dollar early Wednesday, defying a 2.6% jump in crude oil prices amid geopolitical tensions. The Indian Rupee (INR) rose against the US Dollar (USD) in early trade Wednesday, with the USD/INR pair declining to near 95.00. The move com
XAG/USD rises to $60.35, ending a two-day decline, driven by a softer US Dollar and anticipation of June FOMC meeting insights. Silver prices climbed above $60.00 to near $60.35 during early European trading on Wednesday, breaking a two-day losing streak. The rebound follo
Geopolitical risks in the Strait of Hormuz push the Dollar Index toward 102, weighing on the Euro and Yen. The Dollar Index climbed toward 101.50-102 as fresh attacks in the Strait of Hormuz heightened risk aversion, lifting the greenback against major currencies. The move
The Australian Dollar rises 0.23% as the RBA signals potential further rate hikes to curb inflation. The Australian Dollar climbed 0.23% to 0.6943 against the USD in Asian trading on Wednesday. The move follows hawkish remarks from the Reserve Bank of Australia, which left
The cross holds above key moving averages and VWAP, with RSI signaling modest bullish momentum amid tight consolidation. EUR/JPY trades at 185.30 in Asian hours, rebounding from recent losses as it maintains support above the Volume-weighted Average Price (VWAP) and a clus
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