
RBI Holds Rates Steady: USDINR Reacts as 'Wait and Watch' Policy Takes Center Stage
Aug 06, 2025 10:07 am UTC| Central Banks Technicals
The Reserve Bank of India (RBI) opted to keep its key policy repo rate unchanged at 5.5% on August 6, 2025, with the Monetary Policy Committee maintaining a neutral stance. This decision follows significant rate cuts...

GBP/JPY: Bearish Outlook Emerges Amidst Yen Weakness
Aug 06, 2025 09:42 am UTC| Technicals
The GBP/JPYgained more than 100 pips on yen weakness. It hit a high of 196.47 yesterday and is currently trading around 196.31. The intraday trend remains bearish as long as the resistance at 197.60 holds. The GBP/JPY...

FxWirePro: USD/JPY loses momentum but outlook is bullish
Aug 06, 2025 06:51 am UTC| Technicals
USD/JPY eased slightly on Wednesday as market turned cautious amid Fed uncertainty, mounting tariff pressures. Donald Trump said on Tuesday he will decide on a nominee for the Federal Reserve Board by the end of the...

FxWirePro: NZD/USD firms as dollar struggles on concerns over U.S. data deterioration
Aug 06, 2025 06:21 am UTC| Technicals
NZD/USD moved higher on Wednesday as US dollar eased on mounting concerns about the US economy. The greenback continues to struggle after back-to-back data misses Fridays soft nonfarm payrolls followed by Tuesdays...

FxWirePro: AUD/USD gains as weak data weighs on greenback
Aug 06, 2025 05:58 am UTC| Technicals
AUD/USD edged higher on Wednesday as soft U.S. economic data weighed on the greenback. Trade tensions escalated Saturday as Trump threatened 30% tariffs on Mexican and EU imports from August 1, citing the breakdown of...

FxWirePro: GBP/AUD trades sideways ahead of BoE decision
Aug 05, 2025 22:41 pm UTC| Technicals
GBP/AUD traded in tight range on Tuesday as market awaited of a Bank of England rate decision later this week.. The Bank of England is expected to cut its key rate to 4% on Thursday, with another cut likely by...