The currency pair struggles below VWAP and EMAs, with technical indicators signaling weak bullish momentum amid a symmetrical triangle pattern. EUR/JPY recovered to around 184.50 in Asian trading Friday after two sessions of declines, but remains below critical resistance
The Indian Rupee rises as softer-than-expected US Nonfarm Payrolls data weighs on the US Dollar. The Indian Rupee (INR) advanced against the US Dollar (USD) on Friday, with the USD/INR pair trading near 95.26. The move follows weaker-than-expected US Nonfarm Payrolls (NFP)
Weaker US labor data reduces bets on Federal Reserve tightening, pressuring the dollar against the Swiss franc. The USD/CHF pair declined for a second consecutive session, trading near 0.8020 in Asian hours on Friday. The Swiss franc strengthened as the US dollar weakened
Markets slash September Fed rate hike probability to 52% after US jobs growth misses forecasts by 53,000 positions. USD/CHF declined to 0.8020 in Asian trading Friday, extending losses as the US Dollar weakened on softer-than-expected US labor data. The June Nonfarm Payrol
Cooling US labor market data reduces Fed rate hike bets, lifting GBP/USD to $1.3360 while UK political shifts add uncertainty. The GBP/USD pair climbed to $1.3360 in early European trading Friday, supported by a softer-than-expected US Nonfarm Payrolls report. The data eas
The cross remains above 111.75 after China’s services PMI eased to 54.1 in June, supporting AUD demand amid intervention risks. The AUD/JPY pair traded around 111.75 in early European trading, supported by stronger-than-expected Chinese services data. China’s June Services
May's surprise trade deficit and rising inflation pressure Indonesia's economy, weighing on the Rupiah amid broader USD strength. The Indonesian Rupiah slid against the USD, trading near 18,000 in Asian hours Friday, as May's $1.61 billion trade deficit—its first since 202
Soft US jobs growth and downward revisions spur bets against further Fed tightening, lifting XAU/USD to a 10-day high. Gold (XAU/USD) climbed to near $4,200 in Asian trading Friday, extending a three-day rally to its highest level since late June. The move marks the first
Investor redemptions in private credit fall short as firms return less than 40% of requested capital amid liquidity constraints. Investors in private credit funds sought to withdraw $15.6 billion but received only $5.9 billion in return, highlighting tightening liquidity c
The New Zealand dollar strengthens against the USD, supported by positive Chinese economic data released earlier today. The NZD/USD pair climbed to around 0.5705 during Asian trading hours, extending gains after Chinese services PMI data bolstered sentiment. The New Zealan
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