DXY keeps trading down breaking below the 98.00 level. As the selling pressure remains relentless, the greenback can be set for more losses especially on a bre
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USD/KRW: US-China tensions will delay the won rally – MUFG
Analysts at MUFG Bank, point out the South Korean won had weakened significantly. After more rate cut, the Bank of Korea seemed to signal a halt accor
USD/MXN recovers modestly from two-month lows, remains under 22.00
The USD/MXN reached the lowest since March 16 at 21.56 and then rebounded modestly rising to the 21.80 area. Despite moving off lows, the pair is abou
Pound Sterling Price News and Forecast: GBP/USD breaking higher as positive Brexit vibes keep hopes alive
GBP/USD is currently trading at 1.2534 and has rallied some 0.4% on the day having travelled from a low of 1.2478 to a high of 1.2575. The US dollar i
Gold Price News and Forecast: XAU/USD has fallen 0.67% lower on Tuesday despite lukewarm risk sentiment
In a pretty lacklustre session for news flow, the price of gold has dipped. From a technical point of view, there are lots of reasons for the price dr
GBP/USD bulls back in the driving seat on positive Brexit vibes
GBP/USD is currently trading at 1.2534 and has rallied some 0.4% on the day having travelled from a low of 1.2478 to a high of 1.2575. The US dollar i
USD/CHF clings to small gains above 0.9600 ahead Swiss GDP data
The USD/CHF pair dropped to its lowest level since the first day of May at 0.9574 on Tuesday but recovered its losses in the second half of the day. A
AUD/USD rips to break major trendline resistance, it could be blue skies on Fed/RBA divergence
AUD/USD is trading at the highest levels since the start of 2020, eyeing the 0.69 handle having travelled from a low of 0.6774 to a high of 0.6895. Bu
EUR/USD retreates slightly after renewing multi-month highs near 1.1200
The EUR/USD pair extended its rally into a seventh straight day on Tuesday as the risk-sensitive EUR continued to outperform the USD in the risk-on ma
EUR/USD: Expectations of another downside lurch for euro are fading – MUFG
Analysts at MUFG Bank forecast the EUR/USD pair will trade around 1.1300 by the fourth quarter of this year. They consider the European Central Bank (