EUR/USD advances due to positive market sentiment ahead of US Nonfarm Payrolls on Friday. The weekly US Initial Jobless Claims remained at the lowest level in...
The Australian Dollar rises on hawkish sentiment surrounding the RBA prolonging higher interest rates. Australia’s central bank is expected to maintain its current rate at 4.35%...
AUD/JPY depreciated as JPY continued to gain ground amid possible market intervention by Japanese authorities. Japan’s vice finance minister for international affairs, Masato Kanda declined to...
USD/CAD trades on a softer note around 1.3660 on Friday. The US Initial Jobless Claims remained steady at 208,000 last week. The BoC Governor said there’s...
The European Central Bank (ECB) Governing Council member and Governor of the Bank of Greece, Yannis Stournaras, said on Friday that the central bank will probably lower borrowing...
The US Dollar trades broadly sideways after Wednesday’s wild ride following the Fed decision to hold interest rates. Traders took the Fed’s rate decision and rhetoric...
USD/CHF weakens to 0.9110 following Swiss inflation data on Thursday. The Swiss CPI inflation climbed to 1.4% YoY in April from a rise of 1.0% in...
The Australian Dollar rises as positive market sentiment favors the risk-sensitive currencies. The Australian Dollar cheered the hawkish sentiment surrounding the RBA despite the weaker Aussie...
Indian Rupee rebounds on Thursday amid a softer USD. The Fed Chair Powell pushed back against the possibility of rate hikes, exerting selling pressure on the...
AUD/JPY rebounded due to possible positive sentiment in the market after the Fed decided to maintain the current interest rate. The Japanese Yen experienced an increase during the...
Australia’s trade surplus narrowed to 5,024M MoM in April versus 7,370M expected and 7,280M in the previous reading, according to the latest Aussie foreign trade data published...
AUD/USD gains ground near 0.6525 in Thursday’s early Asian session. The Fed kept its benchmark rate in a targeted range between 5.25%-5.50%, as widely expected. The recent Australia’s March retail...
The Federal Reserve is widely anticipated to keep interest rates unchanged. Fed Chairman Powell’s remarks could provide important clues about the timing of the policy pivot....
The Australian Dollar extended losses after weaker domestic data this week. The Australian Industry Index indicated prevailing contractionary conditions in private business activity. The US Dollar continues...
The Australian Dollar loses ground after the release of the weaker AiG Industry Index on Wednesday. The Australian Industry Index indicated prevailing contractionary conditions for the...
NZD/USD remains under some selling pressure around 0.5880 on Wednesday. The New Zealand Unemployment Rate in Q1 2024 climbed to 4.3% from 4.0% in Q4. Traders will monitor the Fed...
USD/CAD trades on a positive note near 1.3778 in Wednesday’s early Asian session. The Fed is expected to leave its benchmark rate unchanged on Wednesday. The Canadian economy expanded by 0.2%...
GBP/USD trades on a weaker note near 1.2490 on Wednesday. US Fed is anticipated to hold rates steady in its 5.25%–5.50% range for the sixth straight meeting on...
On Tuesday, China’s Politburo, the country’s top leadership, said they “will implement prudent monetary policy, proactive fiscal policy.” Additional quotes Will flexibly use policy tools, including...
EUR/GBP snaps the five-day losing streak near. 0.8535 in Tuesday’s early European session. German Retail Sales climbed 0.3% YoY in March, compared to a decline of...