Category: Forex

ECB’s Nagel: As long as Hormuz is not resolved, the dan...

Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB) spoke in an interview with Bloomberg on W...

EUR/USD edges higher as US-Iran talk hopes weigh on the...

EUR/USD regains ground on Wednesday, erasing earlier losses as the US Dollar (USD) continues to weaken, allowing the Euro (EUR) to...

Gold consolidates losses as traders weigh Fed outlook a...

Gold (XAU/USD) holds modest losses on Wednesday even as the US Dollar (USD) remains under broad pressure, while evolving Middle Ea...

GBP/USD holds near 1.3570 as Iran talk optimism cools

The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks h...

WTI Oil holds steady as US troop buildup, Iran talks ke...

West Texas Intermediate (WTI) US Oil trades around $89.10 on Wednesday at the time of writing, remaining broadly stable on the day...

AUD/USD surges ahead of Australian jobs data as US Doll...

The AUD/USD surged near the 0.7160 price region on Wednesday, as investors positioned ahead of key Australian labor market data an...

USD/TRY: Stable path with renewed carry interest – ING

ING analysts Muhammet Mercan, Frantisek Taborsky and James Wilson note that the Turkish Lira (TRY) has stabilised after US-Iran te...

Pound Sterling Price News and Forecast: GBP/USD holds n...

The GBP/USD pair halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks h...

China: Import strength offsets export cooling – UOB

UOB’s Ho Woei Chen highlights that China’s March data showed a sharp divergence between exports and imports, narrowing the trade s...

KRW: Tech cycle and NPS hedging shift back bullish case...

MUFG’s Senior Currency Analyst Michael Wan argues that KRW could outperform in a de-escalation scenario despite vulnerability to p...

Forex Today: US Dollar stalls as Middle East tensions l...

The US Dollar Index (DXY) struggled to build on recent gains, trading near 98.10 on Tuesday in a tight range as mixed US data and ...

USD/JPY steady below 160.00 amid Japan intervention ris...

USD/JPY holds firm on Wednesday despite a broadly weaker US Dollar (USD). The pair remains confined within a one-month trading ran...