Dow Jones futures are showing modest gains on Friday, pointing to a potentially positive start for Wall Street after Thursday’s pullback. Concerns over AI sector valuations and the Federal Reserve’s policy stance…
Category: Forex News
ECB Poised to Hold Rates Steady as Eurozone Inflation Stays Stable and Growth Improves
The European Central Bank (ECB) is widely expected to keep interest rates unchanged for the third consecutive meeting on Thursday, as policymakers weigh stable inflation and signs of improving economic activity across…
USD/CAD Climbs to 1.3950 as Stronger US Dollar Gains Momentum
The US Dollar (USD) is rebounding against the Canadian Dollar (CAD), with the USD/CAD pair rising toward 1.3950, its highest level in the session. The Greenback is firming as investors assess the…
Eurozone GDP Grows 0.2% in Q3, Beats Expectations; EUR/USD Holds Modest Gains
The Eurozone economy expanded faster than expected in the third quarter of 2025, offering a sign of resilience amid global uncertainty and stable inflation dynamics. According to Eurostat’s preliminary estimate, Gross Domestic…
EUR/USD Holds Modest Gains as Eurozone Data Beats Forecasts, Focus Shifts to ECB Decision
The Euro (EUR) edged higher on Thursday, holding above the 1.1600 level, supported by stronger-than-expected Eurozone macroeconomic data and improving investor sentiment following progress in US–China trade talks. However, upside momentum remains…
AUD/USD Retreats as US Dollar Rebounds on Improved US–China Trade Sentiment
The Australian Dollar (AUD) reversed early gains against the US Dollar (USD) on Thursday, with AUD/USD easing toward 0.6570 during the European session. The pair weakened as the Greenback recovered from its…
USD/INR Rises Toward 88.85 as Fed’s Hawkish Cut and Trump–Xi Trade Optimism Lift US Dollar
The Indian Rupee (INR) weakened against the US Dollar (USD) on Thursday, with the USD/INR pair climbing toward 88.85 during the afternoon session. The Greenback recovered from early losses after upbeat developments…
GBP/USD Expected to Consolidate Between 1.3140 and 1.3245 – UOB Group
Analysts at UOB Group, Quek Ser Leang and Peter Chia, expect the Pound Sterling (GBP) to consolidate within a narrow range of 1.3140 to 1.3245 in the near term. While the broader…
EUR/GBP Hits Two-Year High as Eurozone Growth Beats Forecasts, Pound Struggles
The Euro (EUR) extended its rally against the Pound Sterling (GBP) on Thursday, with EUR/GBP trading near 0.8810, its highest level since May 2023. The move comes as stronger-than-expected Eurozone GDP data…
USD/CNH Could Slip Below 7.0860; Key Support Seen at 7.0770 – UOB Group
Analysts at UOB Group, Quek Ser Leang and Peter Chia, note that the US Dollar (USD) remains under mild pressure against the Chinese Yuan (CNH), with price action suggesting a potential move…