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AUD/USD holds onto gains near 0.6670 as US Dollar declines further
AUD/USD clings to gains near 0.6670 amid weakness in the US Dollar. The Fed is certain to cut interest rates in the policy meeting on...

James Lee
Sep 17, 2025


Gold rises above $3,660 as US yields turn south
Gold gathers bullish momentum and trades above $3,660 after falling toward $3,620 in the European session on Monday. Growing expectations...

James Lee
Sep 16, 2025


NZD/USD: Unlikely to be able to break above 0.5990
There is room for New Zealand Dollar (NZD) to rise further, but it is unlikely to be able to break above 0.5990 today. In the longer run, NZD could break above 0.5990; the scope for further advance may be limited, Scope for further advance may be limited 24-HOUR VIEW: "Although NZD rose to a high of 0.5964 two days ago, we indicated yesterday that 'there has been no clear increase in upward momentum, and NZD is unlikely to rise much further.' We expected NZD to “trade sidew

James Lee
Sep 15, 2025


USD/CHF eases as Greenback declines amid Fed rate cut expectations
USD/CHF chalked in a technical rejection of the 0.8000 handle on Thursday, with the US Dollar (USD) taking a beating across the board. The Federal Reserve (Fed) is functionally locked into an interest rate cut at its upcoming interest rate decision on September 17, while the Swiss National Bank (SNB) is battling rate cut expectations of its own, with markets gearing up for the SNB to pivot back into negative rate territory. The SNB exited its negative rate policy stance just

James Lee
Sep 12, 2025


USD/JPY Price Forecast: Stuck in tight range around 147.00 as traders await US data
The USD/JPY remains consolidated on Wednesday as buyers and sellers remain unable to move the markets past the 147.00-147.65 range for the last couple of days. At the time of writing, the major sits at 147.36 down a minimal 0.07%. USD/JPY Price Forecast: Technical outlook After hitting a weekly low of 146.30 near the 100-day Simple Moving Average (SMA) of 146.00, the USD/JPY cleared the 147.00, an indication that buyers stepped into the markets. However, the release of cruc

James Lee
Sep 11, 2025


AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms
AUD/USD jumps to near 0.6620 as the US Dollar underperforms its peers. Investors expect the Fed to cut interest rates in the policy...

James Lee
Sep 10, 2025


EUR/USD flirts with 1.1750, remains focused on France
EUR/USD picks up pace and advances to the area of daily tops near 1.1750 as investors remain laser-focused on the confidence vote in...

James Lee
Sep 9, 2025


USD/CHF Price Forecast: Sinks below 0.80 on weak NFP data
The USD/CHF extended its losses on Friday, tumbling below the 50-day Simple Moving Average (SMA) at 0.8020. The release of a worse than expected US Nonfarm Payrolls report, cemented the case for a Fed rate cut at the September meeting. At the time of writing, the pair trades at 0.7980, down 0.94%. USD/CHF Price Forecast: Technical outlook Price action indicates that sellers reclaimed momentum, achieving a daily/weekly close below the 0.8000 figure. This reignited the chance

James Lee
Sep 8, 2025


AUD/USD declines to near 0.6520 as US Dollar stabilizes ahead of US data
The AUD/USD pair falls to near 0.6520 during the European trading session on Thursday. The Aussie pair faces selling pressure as the US...

James Lee
Sep 5, 2025


Gold challenges its record highs near $3,570
Gold maintains its upward tone on Wednesday, trading around record highs above $3,560 per troy ounce. The cautious market stance...

James Lee
Sep 4, 2025


EUR/GBP surges towards 0.8700 as Sterling slumps on soaring UK bond yields
The EUR/GBP pair advances to near 0.8685 during the European trading session on Tuesday. The pair strengthens as the Pound Sterling (GBP) underperforms its peers, following announcement from United Kingdom (UK) Prime Minister Kier Starmer that he will reshuffle his premiership after a difficult first year in office, BBC News reported. UK PM Keir stated that changes in administration is not a reset of ministry, but a transition "to the second phase" of his government.

James Lee
Sep 3, 2025


AUD/USD: Next stop comes at 0.6570
AUD/USD advances for the fifth consecutive day on Monday, climbing to three-week highs and extending its weekly recovery past the key...

James Lee
Sep 2, 2025


GBP/USD consolidates above 1.3450 with muted reaction to US inflation data
The British Pound (GBP) trades under pressure against the US Dollar (USD) on Friday, snapping a three-day winning streak as the Greenback holds firm. GBP/USD is finding a footing above 1.3450 during the American session, stabilizing after the release of the US Personal Consumption Expenditures (PCE) Price Index for July, which came broadly in line with expectations. Data from the Bureau of Economic Analysis showed that the Core PCE Price Index rose 0.3% month-on-month in Ju

James Lee
Sep 1, 2025


AUD/USD: Extra gains appear on the cards
AUD/USD advances for the third consecutive day on Thursday, climbing to two-week highs and extending its weekly recovery north of 0.6500...

James Lee
Aug 29, 2025


EUR/GBP Price Forecast: Under growing bearish pressure towards the 0.8600 area
The Euro is trading lower for the third consecutive day against the British Pound on Wednesday, with bears attempting to break the bottom of an expanding wedge, at 0.8625 aiming for the bottom of the last two months’ trading range, at 0.8595. In the absence of key fundamental drivers, the Euro is on the defensive, amid growing fears about the political crisis in France. French Prime Minister Francoise Bayrou has failed to find support in a vote of confidence scheduled for Sep

James Lee
Aug 28, 2025


EUR/USD: Bulls lack conviction
The strong resurgence of the demand for the Greenback keeps buyers at bay on Monday, motivating EUR/USD to surrender a big chunk of...

James Lee
Aug 27, 2025


Australian Dollar advances due to improved market sentiment amid Fed rate cut bets
The Australian Dollar rises against the US Dollar on Monday, extending its gains for the second successive session. The AUD/USD pair may...

James Lee
Aug 26, 2025


NZD/USD rebounds from four-month low as Powell’s Jackson Hole remarks sink US Dollar
The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Friday, with NZD/USD rebounding from its lowest level since April 11 as traders reacted to Federal Reserve (Fed) Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. At the time of writing, the pair is trading near 0.5860, recovering sharply from an intraday low of 0.5800. Powell struck a cautious balance in his keynote, noting that while tariff-driven inflation pressures are possible,

James Lee
Aug 25, 2025


AUD/USD extends losing streak for fourth trading day, Fed Powell’s speech in focus
The AUD/USD pair extends its losing streak for the fourth trading day on Thursday. The Aussie pair slides to near 0.6415 in the European...

James Lee
Aug 22, 2025


GBP/USD slides as Fed Governor Cook faces fraud allegations, UK inflation surges
GBP/USD tumbles during the North American session with traders shrugging off high inflation in the UK as the White House pressures Fed Governor Lisa Cook to step aside from the board. The pair trades at 1.3469, down 0.15%. Sterling weakens despite hotter UK CPI as political drama at the Fed rattles markets and dents investor risk appetite Earlier, breaking news emerged that Fed Governor Lisa Cook lied about a pair of mortgages, according to the Federal Housing Finance A

James Lee
Aug 21, 2025
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