currencies

USD/TRY leaves Wednesday's advance behind and tests 16.70. Türkiye's trade deficit widened to TL 10.61B. Attention now turns to Monday's CPI release. The Turkish lira cuts some ground and pushes…
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EUR/USD continues to offer and breaks 1.0400. The next move down is the June low at 1.0358. The EUR/USD keeps the leg down so far this week and now breaks below the 1.0400 support to hit fresh…
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USD/CAD trimmed some of its intraday gains amid a modest dollar pullback following US PCE inflation data. The current decline in crude oil prices undermined the loonie and continued to provide some…
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EUR/JPY extends downside correction below 142.00. Above 138.60, the cross is likely to continue moving higher. The EUR/JPY falls for the third session in a row on Thursday, this time breaking…
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DXY breaks the 105.00 barrier with some conviction. The 2022 high near 105.80 (June 15) is next. The US Dollar Index (DXY) advances for the third session in a row and looks to consolidate the…
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USD/JPY sees some selling on Thursday and pulls back from 24-year highs. Recession fears and risk aversion sentiment are benefiting the safe haven yen and putting some pressure on the pair.…
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This is what you need to know to trade today Thursday June 30: The safe haven money flows dominate financial markets early on Thursday with major European equity indices suffering heavy losses. The…
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According to UOB Group currency strategists Lee Sue Ann and Quek Ser Leang, further bullish momentum could take USD/JPY to the 137.50 region short term. Featured Comments 24 hour view: "Yesterday we…
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USD/CAD gains ground for the second day in a row and approaches weekly high. The pullback in crude oil prices weighs on the CAD and supports the upside move in the pair. An aggressive Fed and…
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GBP/USD could drop and revisit the 1.2040 zone in the coming weeks, suggest UOB Group currency strategists Lee Sue Ann and Quek Ser Leang. Featured Comments 24 hour view: "Yesterday we highlighted…
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