Forex Haberleri

A sustained breakout above resistance targets the EUR/JPY all-time high near 187.95. The 14-day Relative Strength Index of 59.46 keeps buyers in control short of overbought territory. Pulling back to the triangle exposes initial support at the nine-day EMA around 185.81. EUR/JPY extends its gains for the third successive day, trading around 186.40 during the…

Gold struggles to gain any meaningful traction during the Asian session on Thursday. Inflation fears bolster Fed rate hike bets and act as a headwind for the commodity. Some follow-through USD selling limits any meaningful losses for the precious metal. Gold (XAU/USD) holds above the $4,100 mark during the Asian session on Thursday and, for…

US Dollar Index struggles as traders balance renewed inflation concerns against a softening US economic backdrop. Unclear guidance from Fed Chair Kevin Warsh clouds the Dollar’s long-term outlook. Safe-haven demand from persistent Middle East tensions may cap the Greenback. The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six…

The Swiss Franc regains ground against the US Dollar after underperforming for three straight trading days. Fears of a prolonged US-Iran war will likely keep oil prices higher. The Fed is expected to leave interest rates unchanged next week. The Swiss Franc (CHF) gains ground against the US Dollar (USD) after a three-day losing streak…

EUR/USD gains ground as investors anticipate the European Central Bank’s upcoming interest rate decision. The ECB is expected to hold its deposit rate at 2.25%, shifting market focus to Christine Lagarde’s upcoming press conference. The US Dollar faces pressure as traders weigh renewed inflation from rising energy costs against a weakening domestic economic backdrop. EUR/USD…

GBP/USD edges higher to around 1.3385 in Thursday’s Asian session.  UK CPI inflation fell by more than expected to 2.6% in June. US launched fresh strikes as Iran warned of regional turmoil.  The GBP/USD pair rebounds to near 1.3385 during the Asian trading hours on Thursday. However, the potential upside for the major pair might…

Silver attracts some dip-buyers on Thursday, though it lacks any follow-through. The technical setup favors bulls and backs the case for further near-term gains. Acceptance below $59.00 is needed to negate the broader constructive outlook. Silver (XAG/USD) attracts fresh buyers near the $58.25-$58.20 zone during the Asian session on Thursday, stalling the previous day’s modest…

AUD/JPY receives solid support as the Australian Dollar gains ground following the release of positive Australian employment data. Australia’s June Unemployment Rate held steady at 4.4%, matching market expectations. The Japanese Yen strengthens as rising energy costs drive inflation, raising expectations for faster BoJ rate hikes. AUD/JPY gains ground after recovering daily losses, trading around…

AUD/NZD gains strong positive traction as the Aussie rallies in reaction to the upbeat jobs data. The crucial employment details reaffirmed market bets for more interest rate hikes by the RBA. Expectations that the RBNZ will deliver another rate hike in September might cap further gains. The AUD/NZD cross attracts fresh buyers following the release…

AUD/USD gains ground to around 0.7010 in Thursday’s Asian session.  Australia’s Unemployment Rate steadied at 4.4% in June, as expected.  Iran warned of a response if the US follows through on Trump’s threats to destroy infrastructure.  The AUD/USD pair holds positive ground near 0.7010 during the Asian trading hours on Thursday. The Australian Dollar (AUD)…