
GBP/JPY Plummets: Yen Strength Dominates, Bearish Trend Confirmed
May 15, 2025 08:33 am UTC| Technicals
GBP/JPYdeclined sharply on board-based yen buying..It hit a high of 196.41 yesterday and is currently trading around 193.68. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair is trading below...

FxWirePro: GBP/USD moved higher on the back of upbeat UK GDP data
May 15, 2025 07:55 am UTC| Technicals
GBP/USD strengthened on Thursday after data showed the British economy grew faster than expected in March. UK economy grew faster than expected in early 2025, boosting finance minister Rachel Reeves, but challenges...

FxWirePro: USD/CNY downside pressure builds, key support level in focus
May 15, 2025 06:53 am UTC| Technicals
USD/CNY eased on Thursday as dollar dipped as trader looked upcoming U.S. data and Fed Powell speech later in the day. The upcoming US data including the Producer Price Index (PPI), Jobless Claims, and Retail Sales,...

FxWirePro: USD/JPY dips amid dollar weakness, market await top-tier U.S. data
May 15, 2025 06:16 am UTC| Technicals
USD/JPY dipped on Thursday as the dollar weakened ahead key U.S. data and Fed Chair Powells speech. Focus is on several key upcoming economic reports scheduled for Thursday, including the U.S. Producer Price Index...

FxWirePro: NZD/USD runs out of steam but maintains bullish outlook
May 15, 2025 04:56 am UTC| Technicals
NZD/USD edged lower on Thursday as investors looked for clarity on potential trade deals amid easing US-China tensions . Progress on a trade deal between the U.S. and China gave markets some reason to cheer, the lack...

FxWirePro:AUD/USD firms as Australia’s Jobs data beats forecasts
May 15, 2025 04:28 am UTC| Technicals
Australian dollar advanced on Thursday as better-than-expected Australian jobs data bolstered case for a more hawkish outlook from RBA. Australian employment surged past expectations in April, easing the case for more...

FxWirePro : EUR/NZD holds ground ahead of market catalysts
May 14, 2025 20:59 pm UTC| Technicals
EUR/NZD strengthened on Wednesday as euro attracted bid ahead of key Euro Zone data. On the data front, Germanys Wholesale Price Index is due on Thursday, offering clues on producer-level inflation and overall price...