Category: Markets

The EUR/CHF currency pair continues to struggle near the lower bound of its multi-week range, trading at approximately 0.9318 on Wednesday. This places the pair within striking distance of the key support zone at 0.9300, raising the possibility of a bearish breakout.  The Euro (EUR) is increasingly under pressure following dovish signals from the European...

The GBP/JPY currency pair eased slightly on Wednesday, retreating from a near one-year high at 199.83, the highest level recorded since July 2024. This mild decline comes amid profit-taking, a technical correction, and a modest recovery in the Japanese Yen (JPY) after recent macroeconomic and geopolitical pressures.  At the time of writing, GBP/JPY trades near...

The Canadian Dollar (CAD) slipped further on Wednesday, marking fresh two-week lows against the US Dollar (USD) as investors scrambled for safety amid intensifying risk aversion. The USD/CAD pair surged above the 1.3700 handle, a clear indication that the Greenback continues to attract buyers in a risk-off environment.  Market sentiment remains fragile, battered by the...

The EUR/USD currency pair concluded Wednesday’s trading session with a modest uptick of 0.17%, stabilizing near 1.1715. While the pair showed signs of recovery following the Federal Reserve’s June FO MC meeting minutes, ongoing global trade tensions capped further upside momentum. As the new Asian session unfolds, the pair remains largely unchanged, reflecting the market’s...

The gold price (XAU/USD) continues to exhibit a positive bias, extending its modest recovery for the second consecutive session. On Thursday, the precious metal climbed further from the one-and-a-half-week low near the $3,282-$3,283 range touched earlier in the week, holding steady above the psychologically critical $3,300 level.  However, despite the upward momentum, the bullish conviction...

The GBP/USD currency pair remains tightly boxed near the 1.3700 level as global financial markets navigate another round of tariff-related uncertainty. While traders on both sides of the Atlantic remain relatively balanced, a wave of ambiguous macroeconomic risks is causing caution across the board.  The pair is showing signs of consolidation, reflecting market indecision amid...

The Australian Dollar (AUD) continues to show notable strength in currency markets, extending its three-session winning streak on Thursday as traders digest evolving macroeconomic developments. The AUD/USD pair edged higher, bolstered by the Reserve Bank of Australia’s (RBA) surprising decision earlier this week to keep the Official Cash Rate (OCR) unchanged at 3.85%.  This decision,...

The Japanese Yen (JPY) surrendered its modest intraday gains against the US Dollar (USD) during Thursday’s trading session, following an earlier uptick during Asian hours. The initial strength in the JPY came as a reaction to a slight dip in Japan’s Producer Price Index (PPI), which suggested waning inflationary pressures.  However, any momentum was quickly...

Sui (SUI), a Layer 1 blockchain protocol focused on scalability and low-latency transactions, is approaching a death cross, a bearish technical indicator that historically precedes steep downside moves.  If confirmed, this event could signal a 20–35% price drop, placing SUI within the $1.90–$2.20 support range, despite the project’s robust on-chain fundamentals. Aurudium’s latest publication gives...

The cryptocurrency markets are abuzz with heightened anticipation, particularly around XRP and Bitcoin (BTC). XRP surged to a six-week high of $2.3539, driven by renewed hope that the U.S. Securities and Exchange Commission (SEC) might drop its appeal in the long-running case against Ripple Labs.  With a crucial SEC vote scheduled for July 10, market...