EUR/GBP traded within a narrow consolidation range on Thursday after a sharp selloff in recent sessions pushed the pair to its lowest level in more than a year. The cross is also on course for a third consecutive week of heavy losses, with sterling continuing to draw support from a calmer political backdrop following Prime Minister Starmer’s…

The New Zealand dollar rallied roughly 0.75% immediately after the Reserve Bank of New Zealand raised its benchmark interest rate by 25 basis points to 2.50%, marking the first rate increase in nearly three years. While the move was widely anticipated, policymakers struck a relatively hawkish tone, signaling that further tightening remains…

a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } Brent crude surged more than 4% in Wednesday’s trading, extending its rebound from the key $70 support zone and gaining fresh momentum as geopolitical tensions between the United States and…

a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } AUD/USD traded in a narrow range on Tuesday, forming a Doji candle that signals waning upside momentum in the recovery from the June 30 low at 0.6865. The rebound has repeatedly stalled at…

Cable remains confined to a narrow trading range for a second straight session following last week’s 1% rally, which completed a bullish reversal pattern on the weekly chart. The broader pullback from 1.3869 was successfully contained by the ascending trendline drawn from the 2022 low at 1.0348, while the pair also secured a positive technical…

USD/JPY surged in early Monday trading, putting the pair on track to fully retrace last week’s pullback from 162.84 to 160.47. The decline appeared to be a healthy correction within the broader uptrend, finding support at the 23.6% Fibonacci retracement of the 155.02–162.84 rally. The completion of a bullish reversal pattern on the daily…

a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } EUR/GBP edged higher on Friday after a sharp three-day selloff failed to deliver a decisive break below key support at 0.8552, the 50% Fibonacci retracement of the 0.8239–0.8865 rally and…

EUR/USD's recovery from the 2026 low of 1.1324, recorded last week, has started to fade as stronger inflation readings across several major Eurozone economies eased expectations for additional ECB rate hikes. Investors are awaiting the release of Eurozone June CPI data tomorrow, while the U.S. June jobs report later this week is expected to…