EUR/USD extends losses on Friday’s European session, trading near 1.1720 heading into the US trading session, down from highs past 1.1800 in late December. The […]
Tag: retreats
Gold retreats slightly as US Dollar rebounds
Gold (XAU/USD) rebounds on Wednesday after early losses, though a firmer US Dollar (USD) continues to cap upside momentum. At the time of writing, XAU/USD […]
USD retreats post-FOMC – OCBC
Following the Federal Open Market Committee (FOMC) meeting, the US Dollar (USD) softened broadly while risk proxies, non-USD currencies, precious metals, and even crypto assets […]
USD/INR retreats while continuous overseas outflow remains drag on Indian Rupee
The Indian Rupee (INR) bounces back against the US Dollar (USD) on Tuesday. The USD/INR pair falls to near 90.15 amid a slowdown in the […]
USD/JPY retreats from three-week high as Powell’s remarks amplify September rate cut bets
USD/JPY drops nearly 1% to 146.66 as traders react to Powell’s Jackson Hole remarks, retreating from an intraday high of 148.78. Fed Chair Jerome Powell […]
GBP/JPY retreats as safe-haven demand rises ahead of Trump’s tariff deadline
GBP/JPY edges lower as safe-haven demand rises ahead of President Trump’s July 9 tariff deadline. UK Prime Minister Keir Starmer faces political pressure from the […]
WTI Oil retreats as Middle East tensions ease, Trump holds back military move
WTI crude pulls back after topping $75.54 on Thursday, pressured by easing geopolitical risk. Geneva talks between Iran and EU diplomats signal diplomatic momentum, cooling […]
WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks
WTI drifts lower at the start of a new trading week, though the downside lacks bearish conviction. The optimism over US-China trade talks acts as […]
GBP/USD retreats below 1.3000 after hitting 4-month high amid Fed, BoE uncertainty
GBP/USD slips to 1.2975, down 0.12%, after touching 1.3000, its highest level in four and a half months. US Industrial Production was strong but was […]
Japanese Yen retreats from one-month top against USD; USD/JPY flat lines above mid-155.00s
The Japanese Yen pulls back after rising to over a one-month high against the USD. The initial reaction to Trump’s tariff remarks fades amid bets […]