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Category: Forex Market

GBP/USD looks upwards ahead of looming BoE rate cut
Forex News

GBP/USD looks upwards ahead of looming BoE rate cut

[ad_1] GBP/USD treaded water on Monday as markets take a breather. Global markets saw a sharp rebalancing of sentiment after…

by Trade r edarTAugust 5, 2025
USD/JPY Daily Outlook – Action Forex
Technical Analysis

USD/JPY Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 146.60; (P) 147.35; (R1) 147.82; More… Intraday bias in USD/JPY remains neutral for the moment. On…

by Trade r edarTAugust 5, 2025
EUR/USD Daily Outlook – Action Forex
Fundamental Analysis

EUR/USD Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 1.1549; (P) 1.1573; (R1) 1.1596; More… EUR/USD retreated after hitting 55 4H EMA (now at 1.1573),…

by Trade r edarTAugust 5, 2025
To continue raising policy rate if economy, prices move in line forecast
Forex News

To continue raising policy rate if economy, prices move in line forecast

[ad_1] The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of…

by Trade r edarTAugust 5, 2025
Yen Extends Gains on Soft US Yields, ISM Services to Test Fed Cut Pricing
Technical Analysis

Yen Extends Gains on Soft US Yields, ISM Services to Test Fed Cut Pricing

[ad_1] Yen continues to outperform in the FX market this week so far, drawing strong support from the ongoing slide…

by Trade r edarTAugust 5, 2025
GBP/JPY Daily Outlook – Action Forex
Fundamental Analysis

GBP/JPY Daily Outlook – Action Forex

[ad_1] Daily Pivots: (S1) 194.79; (P) 195.67; (R1) 196.29; More… GBP/JPY’s fall from 199.96 short term top continues today and…

by Trade r edarTAugust 5, 2025
Focus shifts to the services sector
Forex News

Focus shifts to the services sector

[ad_1] The US Dollar (USD) navigated a mildly positive start to the new trading week, as investors continued to digest…

by Trade r edarTAugust 5, 2025
Australia selects Japan’s Mitsubishi Heavy Industries for $6.5B warship deal
Insider Trading

Australia selects Japan’s Mitsubishi Heavy Industries for $6.5B warship deal

[ad_1] WELLINGTON, New Zealand (AP) — Australia said Tuesday it accepted a Japanese company’s bid for a lucrative and hotly…

by Trade r edarTAugust 5, 2025
Gold Edges Higher – Will the Rally Pick Up Speed?
Technical Analysis

Gold Edges Higher – Will the Rally Pick Up Speed?

[ad_1] Key Highlights Gold started a fresh increase above the $3,350 resistance. It now faces a major hurdle at $3,400…

by Trade r edarTAugust 5, 2025
China’s Caixin Services PMI surges to 52.6, on stronger demand and renewed optimism
Fundamental Analysis

China’s Caixin Services PMI surges to 52.6, on stronger demand and renewed optimism

[ad_1] China’s Caixin Services PMI jumped sharply from 50.6 to 52.6 in July, well ahead of expectations at 50.4, marking…

by Trade r edarTAugust 5, 2025

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