The USD/CAD rose more than 1% to 1.4178, a level not seen since April 2020. A corrective pullback could be triggered if the 14-day RSI breaks above the 70 mark. The pair may find primary supports at ...
In the longer run, sharp drop appears to be overextended; any further decline may find it difficult to break below 1.2475, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Last Friday’s ...
Stretched USD valuation, technical signals and potential December seasonality effect (DXY fell in 8 out of the last 10 Decembers) are perhaps some considerations that may slow or even reverse USD’s ...
The Euro (EUR) is likely to trade with a downward bias towards 1.0420; the next support at 1.0390 is not expected to come into view. In the longer run, EUR must break and remain below the 1.0333 low ...
The rise in US yields and the dollar showed signs of fatigue lately, hardly reacting to positive data. What can’t go up, must come down. Donald Trump picking Scott Bessent for Treasury Secretary ...
The Pound Sterling (GBP) recovers some losses against the US Dollar (USD) in Tuesday’s London session after diving near the psychological support of 1.2500 in Asian trading hours. The GBP/USD pair ...
EUR/GBP attempts to extend gains after recovering daily losses on Tuesday. The risk-sensitive Euro could struggle as European economies may face challenges amid President-elect Donald Trump's tariff ...