The Australian Dollar (AUD) gave up its early gains on Wednesday as the US Dollar (USD) rebounded modestly, trimming recent losses. This AUD/USD price action reflects a convergence of economic data releases, evolving monetary policy expectations, and rising geopolitical uncertainty, particularly around US tariff policies. Raliplen delivers broker-led insights that simplify and clarify this topic...
NZD/USD Strengthens Near 0.6000 as Market Eyes Potential US-China Talks
The NZD/USD currency pair continues its upward momentum, trading near the 0.6000 psychological level during the early hours of Wednesday’s Asian trading session. The pair’s resilience reflects a combination of US Dollar (USD) weakness, robust New Zealand Dollar (NZD) demand, and heightened expectations around potential US-China diplomatic developments. Market sentiment is currently tethered to a...
US Dollar Index Price Forecast: Treads Water Above 99.00 Near Nine-Day EMA Barrier
The US Dollar Index (DXY) is treading cautiously above the key psychological level of 99.00, trading around 99.20 during the Asian session on Wednesday. After notching gains of more than 0.5% in the previous session, the DXY appears to be consolidating below a significant technical barrier, the nine-day Exponential Moving Average (EMA) at 99.38. This...
GBP/USD Holds Firm Above 1.3500 as “Sell America” Trend Weakens the US Dollar
The GBP/USD currency pair continues to trade above the critical 1.3500 level, reflecting relative strength in the British Pound (GBP) as the US Dollar (USD) remains pressured under the growing influence of the so-called “Sell America” trend. During Wednesday’s Asian session, the pair ticked higher to around 1.3520, recovering slightly after posting mild losses in...
Silver Price Forecast: XAG/USD Bulls Retain Control Near Mid-$34.00s, Just Below YTD High
Silver (XAG/USD) continues to exhibit bullish momentum, trading within a narrow band just under the year-to-date (YTD) peak of $34.90 touched earlier this week. During the Asian trading session on Wednesday, the white metal was seen hovering around the $34.50 level, showing signs of healthy consolidation after an impressive breakout through a significant technical barrier. ...
EUR/USD Hovers Below 1.1400 as Eurozone Inflation Slips Beneath ECB’s 2% Target
The EUR/USD currency pair traded steadily just below the key 1.1400 psychological level on Wednesday, lingering around 1.1380 during the Asian session. Despite mild fluctuations, the pair remains resilient as the US Dollar (USD) grapples with macroeconomic uncertainty, and the Euro (EUR) receives marginal support from shifting monetary policy expectations in the Eurozone. Market participants...
USD/INR Drifts Lower as Traders Await Indian and US PMI Releases
The Indian Rupee (INR) edged higher in Wednesday’s Asian session, trading with a modest positive bias against the US Dollar (USD). The movement in the USD/INR currency pair comes amid heightened anticipation of critical Purchasing Managers’ Index (PMI) releases from both India and the United States, with broader market sentiment shaped by global macroeconomic dynamics. ...
Gold Price Trades with Positive Bias Above $3,350, Remains Close to Multi-Week Top
The gold price (XAU/USD) extended its recovery momentum during the early Asian session on Wednesday, trading with a positive bias above the $3,350 mark. This rebound follows a moderate pullback from a multi-week high touched on Tuesday, as dip-buyers returned to the market amid a backdrop of mixed macroeconomic indicators, Federal Reserve policy expectations, and...
Japanese Yen Turns Lower Again: Downside Appears Contained Amid BoJ-Fed Policy Divergence
The Japanese Yen (JPY) extended its retreat against the US Dollar (USD) for the second consecutive session on Wednesday, with the USD/JPY pair edging higher during the Asian trading hours. Despite a modestly stronger Services PMI revision and building expectations of another Bank of Japan (BoJ) rate hike, the JPY remains under modest pressure. This...
EUR/GBP Softens to Below 0.8450 on Increased Tariff Tensions and Diverging Central Bank Paths
The EUR/GBP currency pair edged lower to 0.8445 in the early European session on Tuesday, retreating from a three-day winning streak as trade tensions between the European Union and the United States re-emerged. Heightened concerns surrounding new tariff threats, in particular, a potential doubling of US import duties on steel and aluminium, are weighing on...