The GBP/JPY cross trades with a positive bias for the third straight day and touches a fresh weekly top, around the 215.35-215.40 region during the Asian session on Wednesday.
Trump with some late evening social media activity. This article was written by Eamonn Sheridan at investinglive.com.
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Gold (XAU/USD) gains some positive traction during the Asian session on Wednesday and moves away from a one-week low, around the $4,669-$4,668 region, touched the previous day.
The USD/CHF pair trades in a tight range around 0.7800 during the Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await remarks from Iran regarding the announcement of the ceasefire extension by the United States (US).
Wall Street Journal ( gated ) report. The U.S. halted dollar shipments to Iraq and paused security support, increasing pressure on Baghdad to curb Iran-backed militias and highlighting Washington’s financial leverage over Iraqi oil revenues. Summary: U.S. halts dollar shipments to Iraq ~$500M delive
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EUR/JPY remains subdued for the second successive day, trading around 187.10 during Asian hours on Wednesday. The technical analysis of the daily chart indicates the currency cross is remaining within an ascending channel, signaling a persistent bullish bias.