Japanese Yen Strengthens Amid Renewed Government Intervention Signals
The Japanese Yen gained strength after renewed verbal intervention from Tokyo officials. As a result, USD/JPY declined for the fourth consecutive session, trading near 152.90 during Asian market hours. Japan’s Vice Finance Minister for International Affairs, Atsushi Mimura, stated that authorities are closely monitoring currency movements with a high level of urgency. He emphasized that […]
EUR/USD weakens as US jobs data trims Fed rate cut bets
The EUR/USD pair trades in negative territory for the third consecutive day near 1.1860 during the early European session on Thursday. Traders will keep an eye on the US weekly Initial Jobless Claims data. On Friday, the attention will shift to the US Consumer Price Index (CPI) inflation report. The Greenback strengthens against the Euro […]
US Nonfarm Payrolls Seen Posting Moderate Job Growth in January
The United States Bureau of Labor Statistics (BLS) is set to publish the delayed January US Nonfarm Payrolls (NFP) report on Wednesday at 13:30 GMT. The employment data is expected to spark renewed volatility in the US Dollar (USD), as market participants look for clearer signals on the Federal Reserve’s next move on interest rates. […]
EUR/USD moves higher above 1.1900 ahead of US January NFP report
The EUR/USD pair advances toward 1.1915 in early European trading on Wednesday, supported by a softer US Dollar. Investors are likely to adopt a cautious stance later in the session as they await the delayed US January employment report, which could shape expectations around Federal Reserve policy. Disappointing US Retail Sales figures weighed on the […]
WTI slips below $64.00 as Middle East supply concerns ease
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near $63.80 during early Asian hours on Tuesday. Prices have come under pressure as fears of supply disruptions in the Middle East have softened. Market participants are now turning their attention to the American Petroleum Institute’s (API) weekly inventory report, due later in the […]
EUR/USD dips toward 1.1900 as focus shifts to US economic data
The EUR/USD pair edged lower to near 1.1905 during early European trading on Tuesday, ending a two-day advance. Traders remained cautious ahead of key US economic releases, including employment and inflation data that were delayed following the recent four-day government shutdown. White House economic adviser Kevin Hassett said on Monday that US job creation could […]
US Dollar Index stays under pressure near 97.50 as markets wait for key data
The US Dollar Index (DXY), which tracks the US Dollar against a basket of six major currencies, continued to drift lower for a second straight session, hovering around 97.60 during Asian trading on Monday. The greenback remains under pressure as investors stay cautious ahead of important economic releases that were pushed back due to the […]
Gold holds above $5,000 as central bank demand and rate-cut hopes support prices
Gold (XAU/USD) trades firmly above the $5,000 psychological level during Monday’s Asian session, supported by fresh data showing continued buying by the People’s Bank of China (PBOC). Figures released over the weekend confirmed that China’s central bank added to its gold reserves for a fifteenth consecutive month in January. At the same time, expectations that […]
Australian Dollar stays under pressure amid cautious market mood
The Australian Dollar (AUD) extended its losses against the US Dollar (USD) for a third consecutive session on Friday, as broad risk aversion weighed on global markets. The risk-sensitive, commodity-linked AUD came under selling pressure after a sharp decline in global equities, driven largely by a tech-led sell-off and renewed concerns over heavy investment in […]
Gold slips on stronger USD, holds firm below $4,800 amid dovish Fed signals and geopolitical risks
Gold (XAU/USD) comes under notable selling pressure after failing to sustain gains near the $5,100 level overnight, sliding below $4,800 during the Asian session on Thursday. The pullback is largely driven by a firmer US Dollar (USD), which climbs to a two-week high and extends its recovery from a recent four-year low, weighing on the […]
EUR/GBP edges higher near 0.8650 ahead of BoE and ECB policy decisions
The EUR/GBP pair trades modestly higher around the 0.8650 level during the late Asian session on Thursday. The uptick comes as the Pound Sterling underperforms, with traders remaining cautious ahead of the Bank of England’s (BoE) monetary policy announcement scheduled for 12:00 GMT. The BoE is widely expected to keep interest rates unchanged at 3.75% […]
Australian Dollar steadies as US Dollar softens ahead of ISM Services PMI
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Wednesday, extending gains after rising more than 1% in the previous session. The AUD/USD pair remains supported following stronger-than-expected Chinese Services Purchasing Managers’ Index (PMI) data. China’s Services PMI increased to 52.3 in January from 52.0 in December, exceeding market expectations of 51.8. […]
EUR/USD edges higher above 1.1800 ahead of Eurozone inflation data
The EUR/USD pair trades modestly higher around 1.1830 during early European trading on Wednesday. However, upside momentum may remain capped as investors stay cautious following the swift resolution of a partial US government shutdown. Market attention later in the session will turn to the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data, which could […]
Japanese Yen Holds Firm Against USD as Intervention Talk Counters Fiscal Worries
The Japanese Yen (JPY) maintains a modest upside bias against a slightly weaker US Dollar (USD) during Tuesday’s Asian session, supported by renewed speculation over possible joint currency intervention by Japan and the United States. Comments from Japan’s Finance Minister Satsuki Katayama reignited such concerns, while expectations of a more hawkish Bank of Japan (BoJ) […]
7 Features to Look for in the Best Copy Trading Platform
Copy trading seems simple on the surface, yet one wrong choice can quickly turn learning into frustration. That is why understanding what truly makes a copy trading platform reliable matters more than most people realize. Especially since it has become popular among new forex traders. It allows beginners to follow experienced traders rather than trade […]
Gold extends losses after Fed chair announcement, profit-taking weighs
Gold (XAU/USD) slides to a fresh three-week low below $4,550 during early European trading on Monday, pressured by renewed profit-taking. The precious metal remains on the back foot after hitting record highs last week, as improving political stability in the United States eases demand for safe havens. Confidence rose after Kevin Warsh was named the […]
EUR/USD stays under pressure near 1.1850 as Warsh nomination lifts USD sentiment
The EUR/USD pair remains subdued around the 1.1850 level during late Asian trading on Monday, extending the losses recorded at the end of last week. The pair continues to face downside pressure as the US Dollar (USD) holds firm following the nomination of former Federal Reserve Governor Kevin Warsh as the next Chair, succeeding Jerome […]
WTI slides toward $64.00 on oversupply worries and firmer Dollar, Iran tensions cap downside
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near the $64.00 mark during early European hours on Friday. Prices retreat after reaching their highest level since late September, as rising oversupply concerns weigh on market sentiment. Global crude oil production outpaced consumption throughout 2025, resulting in notable inventory builds that continue to […]