Noticias Forex

WTI edges lower on Thursday, snapping a two-day winning streak to an over two-week high. Mixed technical indicators warrant some caution before placing aggressive directional bets. A sustained move beyond the 200-day EMA is needed to negate the near-term bearish bias. West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to…

AUD/JPY weakens to near 112.62 in Thursday’s early European session. The cross keeps a constructive bullish bias, but further consolidation cannot be ruled out with neutral RSI momentum. The initial support level is located at 112.55; the immediate resistance level to watch is 113.55. The AUD/JPY cross trades in negative territory around 112.62 during the…

USD/CHF falls after FOMC Minutes show officials divided on keeping rates at 3.6% or hiking. US-Iran friction limits US Dollar losses by boosting expectations that the Fed will keep interest rates higher for longer. The Swiss Franc finds support as rising inflation fears drive safe-haven demand. USD/CHF remains subdued for the second successive day, trading…

Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 12,484.01 Indian Rupees (INR) per gram, down compared with the INR 12,520.64 it cost on Wednesday. The price for Gold decreased to INR 145,611.00 per tola from INR 146,038.30 per tola a day earlier. Unit measure…

USD/JPY trades with a negative bias as JPY bears turn cautious amid intervention risks. A softer USD contributes to the weaker tone, though the downside remains cushioned. The wide US-Japan rate differential holds traders from placing aggressive bearish bets. The USD/JPY pair edges lower during the Asian session on Thursday and, for now, seems to…

Indonesian Rupiah struggles as Retail Sales YoY are expected to decline by 3.9% in May. The US Dollar faces challenges following the release of Wednesday’s Fed Minutes. FOMC Meeting Minutes reveal policymakers are split over keeping the 3.6% interest rate steady or raising it. USD/IDR extends its gains for the second successive day, trading around…

Gold remains on the defensive as bulls seem hesitant despite a softer USD. US-Iran tensions, inflation fears, and Fed hike bets limit deeper USD losses. The technical setup backs the case for further depreciation for the bullion. Gold (XAU/USD) struggles to capitalize on the previous day’s bounce from the $4,020 area, or a one-week low,…

USD/CAD softens to around 1.4165 in Thursday’s Asian session. US and Iran trade strikes for second day after Trump said ceasefire is ‘over.’ Traders raised bets on a BoC interest rate hike this year. The USD/CAD pair loses ground to near 1.4165 during the Asian trading hours on Thursday. A rise in crude oil prices…

EUR/JPY tests the symmetrical triangle’s upper boundary, signaling an imminent bullish breakout. The 14-day Relative Strength Index near 55 suggests positive, sustainable upward momentum. The currency cross could find the initial support at the VWAP of 185.28. EUR/JPY pares steadies after registering modest gains in the previous day, trading around 185.60 during the Asian hours…

Iranian Parliament speaker Mohammad Bagher Ghalibaf warned the United States (US) after two days of renewed US strikes, saying that any U.S. military action will prompt retaliation. Ghalibaf emphasized that access to the Strait of Hormuz remains under Iranian control. “America still hasn’t learned that bullying and breaking promises are no longer cost-free. Let me put…