
FxWirePro: USD/CNY maintains bearish bias with focus on 7.180 level
May 16, 2025 05:52 am UTC| Technicals
USD/CNY dipped on Friday as Chinas yuan firmed aided by a weaker greenback and positive sentiment after the Sino-U.S. tariff truce. The dollar weakened on Friday as disappointing U.S. economic indicators this week...

GBP/JPY Faces Bearish Pressure: Sell Rallies for Potential Profit
May 16, 2025 05:40 am UTC| Technicals
GBP/JPYshowed a minor pullback after hitting a low of 193.04. .It hits an intraday high of 193.65 and is currently trading around 193.59. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair is...

FxWirePro:NZD/USD gaining momentum for a move towards 0.5950 level
May 16, 2025 05:39 am UTC| Technicals
NZD/USD firmed on Friday as the U.S. dollar weakened, following a series of weaker-than-expected U.S. economic data that reinforced expectations of further Fed rate cuts this year. The U.S. Producer Price Index (PPI)...

FxWirePro: AUD/USD hold steady on weaker U.S. dollar and easing trade tensions
May 16, 2025 05:32 am UTC| Technicals
Australian dollar held steady on Friday as softer dollar and easing global trade tensions supported Australian dollar. Investors reacted positively to the U.S.-China trade truce, seeing it as a major step in lowering...

FxWirePro: EUR/AUD advances amid mixed economic data
May 15, 2025 22:58 pm UTC| Technicals
EUR/AUD advanced on Thursday as investors digested a series of economic releases from both the Eurozone and the United States. Data showed that U.S. producer prices unexpectedly declined in April, alongside a slowdown...

FxWirePro : GBP/NZD hits two week high with plenty more upside potential
May 15, 2025 22:41 pm UTC| Technicals
GBP/NZD reached its highest level in two weeks on Thursday as the pair attracted buyers after stronger-than-expected UK economic data. The data showed that the UK economy grew by 0.2% in March, surpassing the...
Ru and Ready: India-Russia Summit Sets the Stage for a Multi-Billion Dollar Strategic Shift