Category: Markets

The GBP/USD currency pair began June with renewed strength, climbing back above the 1.3550 level on Monday as deteriorating risk sentiment took a toll on the US Dollar (USD). A fresh bout of trade tensions, primarily spurred by the US administration’s aggressive tariff stance, sent shockwaves through global markets and spurred a broad-market Greenback selloff,...

The gold price (XAU/USD) is under mild pressure in the early Tuesday Asian trading session, as it pulls back from a multi-week high near $3,400, driven by a modest US Dollar (USD) rebound. Despite this dip, bearish momentum remains limited, and the lack of aggressive follow-through selling suggests that bulls still maintain a foothold in...

The Indian Rupee (INR) came under renewed pressure during Tuesday’s early European session, reflecting a broader strengthening in the US Dollar (USD). The surge in the greenback, coupled with rising crude oil prices, led to a sharp pullback in INR’s recent momentum.  At the center of the move is a growing divergence between domestic fundamentals...

The Australian Dollar (AUD) came under renewed selling pressure on Tuesday, reversing its prior gains as the US Dollar (USD) retained strength ahead of the closely watched JOLTS Job Openings report.  The AUD/USD currency pair remained under pressure following the release of the Reserve Bank of Australia (RBA) Meeting Minutes from May, disappointing Chinese economic...

The USD/CHF currency pair is showing modest upward movement, trading near 0.8180 in Tuesday’s early European session, underpinned by a slight recovery in the US Dollar (USD). Despite this uptick, the pair continues to exhibit a bearish technical structure, remaining constrained beneath the 100-day Exponential Moving Average (EMA).  With a Relative Strength Index (RSI) still...