May 15, 2026 6:34 am
Key Moments EUR/USD trades near 1.1653 in Asian hours, marking a fourth straight session of losses. The US Dollar Index (DXY) trades 0.15% higher near 99.00, its highest level in two weeks. A breakdown below 1.1655 confirms a Double Top pattern, signaling potential for further downside. Dollar Strength Drives EUR/USD Lower EUR/USD continues to retreat, […]
Read moreMay 15, 2026 6:24 am
Key Moments GBP/USD trades under pressure around 1.3365 during Friday’s Asian session as sellers emerge. Resignation of UK health secretary Wes Streeting and internal Labour Party tensions weigh on the Pound. Stronger US inflation data has prompted markets to scale back expectations for Federal Reserve rate cuts in 2026. UK Political Strains Drag on GBP/USD […]
Read moreMay 15, 2026 6:20 am
Key Moments USD/CAD trades near 1.3740, marking an eighth consecutive session of gains during Asian hours on Friday. U.S. Retail Sales rose 0.5% month-over-month in April, surpassing expectations and reinforcing the strength of consumer demand. Oil price recovery and improved U.S.-China trade sentiment may lend support to the Canadian Dollar, potentially capping further USD/CAD upside. […]
Read moreMay 14, 2026 2:30 pm
Key Moments NOK/SEK has advanced about 11% year-to-date as monetary policy paths diverged in Norway and Sweden. Rabobank cites Norway’s persistent inflation and role as an energy exporter as key supports for the Krone. The bank favors buying NOK/SEK on pullbacks, aiming for a move to 1.02 over a three-month horizon. Monetary Policy Divergence Drives […]
Read moreMay 14, 2026 2:02 pm
Key Moments EUR/GBP trades around 0.8659 after reaching an intraday high of 0.8668, with the British Pound modestly outperforming the Euro. UK GDP grows 1.1% YoY in the first quarter of 2026, surpassing expectations of 0.8% and accelerating from 1.0% in the previous quarter. EUR/GBP remains capped below the 50-day SMA at 0.8671 and the […]
Read moreMay 14, 2026 12:33 pm
Key Moments USD/CHF has been holding just above 0.7800 after rebounding from 0.7760, with bullish momentum building. Traders are focused on the outcome of U.S. President Trump’s meetings with Chinese President Xi Jinping in Beijing. A falling wedge pattern and bullish RSI divergence on the 4-hour chart suggest potential upside if 0.7845 is cleared. Fundamental […]
Read moreMay 14, 2026 10:14 am
Key Moments USD/CAD trades near 1.3705 with little day-to-day movement as markets digest outcomes from the Trump-Xi meeting. WTI crude advances about 0.51% to roughly $97.45, supported by ongoing concerns over supply and Strait of Hormuz flows. The Canadian Dollar shows relative strength, particularly against the Australian Dollar, helped by firm crude prices. Trump-Xi Meeting […]
Read moreMay 14, 2026 9:57 am
Key Moments GBP/JPY slipped back to just under 213.30 after failing to clear resistance near 213.70. Preliminary UK GDP data showed quarterly growth of 0.6% and a 0.3% monthly gain, yet the pair still retreated. Market participants stayed cautious about selling JPY amid lingering concerns over potential intervention. Range Trading Continues Despite Robust UK Growth […]
Read moreMay 14, 2026 9:44 am
Key Moments The US dollar strengthened this week as US inflation exceeded expectations and both the US and Iran dismissed proposals to end the war. The Indian Rupee fell to a new record low against the US dollar, with USDINR consolidating near all-time highs across multiple timeframes. Traders are watching US Retail Sales and Jobless […]
Read moreMay 14, 2026 8:43 am
Key Moments GBP weakened against both EUR and USD even after UK GDP rose 0.6% in the first quarter, the strongest pace since early last year. MUFG flagged rising political uncertainty around Prime Minister Keir Starmer as a growing near-term downside risk for Sterling and gilts. UK borrowing costs have already climbed sharply as investors […]
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