FxWirePro: USD/TRY retreats from near 1-week trough, likely to break above 6.1600
Feb 25, 2020 11:21 am UTC| Technicals
The Turkish Lira declined, hovering towards a 9-1/2 month low hit in the previous session. Earlier in the day, the Turkish currency rallied to a near 1-week peak, but failed to sustain gains. USD/TRY is...

FxWirePro: EUR/GBP eases below 0.8400, faces resistance at 21-DMA
Feb 25, 2020 09:48 am UTC| Technicals
The euro declined against the British pound amid growing expectations that the new UK finance minister will announce more spending at next months budget. However, the downside appears limited as ongoing worries about...

FxWirePro: Silver recovers slightly in European hours, U.S. consumer confidence data in focus
Feb 25, 2020 09:24 am UTC| Technicals
XAG/USD is currently trading around $18.44 marks. It made intraday high at $18.66 and low at $18.26 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $18.67 mark. A...

FxWirePro: USD/ZAR trades in narrow range, stay long only above 15.18 mark
Feb 25, 2020 09:05 am UTC| Technicals
USD/ZAR is currently trading around 15.14 levels. It made intraday high at 15.15 and low at 15.04 levels. Intraday bias remains neutral till the time pair holds key resistance at 15.18 mark. A daily close...

FxWirePro: Aussie consolidates above 0.6600 as coronavirus cases spark pandemic worries
Feb 25, 2020 08:05 am UTC| Technicals
The Australian dollar rebounded from a near 11-year trough as investors raised bets that the growing fallout from the coronavirus outbreak would prompt U.S. interest rate cuts. China reported another rise in new...

FxWirePro: USD/CNY back below 7.02 mark, good to sell on rallies
Feb 25, 2020 07:20 am UTC| Technicals
USD/CNY is currently trading around 7.0134 marks. It made intraday high at 7.0293 and low at 7.0082 levels. Intraday bias remains bearish till the time pair holds key resistance at 7.04 mark. A sustained...

FxWirePro: USD/TWD consolidates around 30.40 mark, further sideways movement likely
Feb 25, 2020 06:16 am UTC| Technicals
USD/TWD is currently trading around 30.35 marks. It made intraday high at 30.47 and low at 30.36 marks. Intraday bias remains slightly bearish for the moment. A daily close above 30.42 will drag the parity...
The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen
How the US–India tariff truce boosts major Indian industries, Surat to Pharma