The Australian Dollar extends losses due to a sharp drop in energy and metal prices. The AUD may limit its downside due to a potential rate hike from...
NZD/USD trades on a softer note near 0.5975 in Tuesday’s early Asian session, down 0.10% on the day. The rising bets on RBNZ rate cuts and...
NZD/USD stumbles downwards, surrendering the pivotal 0.6000 mark, following its worst week since January. The pair settled at 0.5980 on Monday, ensuring a daily loss of...
AUD/USD registered sharp declines on Monday towards 0.6640. During the Asian session, the PBOC loan prime rate was cut by 10 basis points. Aussie’s stability is...
The Japanese Yen extends losses despite the hawkish sentiment surrounding BoJ’s policy stance for next week. Japan’s Prime Minister Fumio Kishida stated that normalizing the BoJ’s...
AUD/USD registered a significant drop on Friday, slipping below 0.6700. Employment data continues to shape possible RBA and Federal Reserve decisions. The Aussie’s downside is limited...
NZD/USD trudges below the 0.6070 level, marking its worst week since January. The pair closed at 0.6010, indicating a weekly loss of approximately 1.80%. NZD/USD remains...
Here is what you need to know on Friday, July 19: The US Dollar (USD) benefited from the souring market mood on Thursday, with the USD...
EUR/USD depreciates as the US Dollar continues to gain ground on Friday. Higher US Treasury yields contribute to underpin the Greenback. ECB President Lagarde provided no...
The Australian Dollar depreciates for the fifth consecutive session on Friday. The downside for AUD may be limited due to a potential interest rate hike by...
The Japanese Yen remains silent after the release of mixed inflation data on Friday. Japan’s National Consumer Price Index held steady at 2.8% in June, remaining...
AUD/USD slightly declined on Thursday, below 0.6730. Newly released employment data sets the direction for possible RBA and Federal Reserve decisions. However, monetary divergences between both banks...
Here is what you need to know on Thursday, July 18: The action in foreign exchange markets remain choppy in the early European session on Thursday...
USD/CHF holds positive ground near 0.8840 in Thursday’s early European session. Fed’s Waller said that central bank is nearing rate cuts if there are no major...
EUR/USD weakens near 1.0935 in Thursday’s early European session. The ECB is anticipated to maintain rates steady at its July meeting on Thursday. Fed officials said...
AUD/USD further diminished on Wednesday, falling beneath 0.6730. Australian employment figures are set to guide short-term trends that could lay the groundwork for a more hawkish...
Here is what you need to know on Wednesday, July 17: While the trading action in major currency pairs remained subdued, Gold climbed toward $2,500 and...
The Japanese Yen loses ground as the US Dollar remains stable amid improved Treasury yields. The JPY could limit its downside as traders expect intervention by...
USD/JPY trades in positive territory for the third consecutive day BoJ data suggested an additional $13 billion JPY intervention on Friday. Financial markets see the chance...
USD/CAD trades with mild losses around 1.3670 in Wednesday’s early Asian session. US Retail Sales held steady in June, followed a 0.3% increase in May, in...