The Japanese Yen gains ground after the release of the Tokyo CPI data on Friday. The JPY’s downside may be limited as traders may continue unwinding...
USD/CAD trades in negative territory around 1.3815 in Friday’s Asian session. Economic activity in the US was stronger than expected during the second quarter. The growing...
NZD/USD weakens near 0.5890 in Friday’s early Asian session. The US GDP expanded at a 2.8% annualized pace in Q2, above the 2.1% forecast. Disappointed Chinese...
The Australian Dollar depreciates due to the stark decline in prices of prices of oil, iron ore, and copper. The AUD faced challenges as recent PMI...
EUR/USD weakens near 1.0835 in Wednesday’s early Asian session. ECB’s Guindos hinted at a possible interest rate cut in September. US S&P Global Manufacturing PMI dropped...
USD/JPY remains on the defensive near 153.70 in Thursday’s early Asian session. A higher chance of a BoJ rate hike might support the JPY in the...
NZD/USD deepens losses, slipping near the 0.5900 mark, marking a consistent bearish trend since last week. The pair lost almost 2.5% in the last five trading...
GBP/USD remains subdued around 1.2900, bouncing off daily lows of 1.2877. Sellers failed to achieve a daily close below 1.2900, but momentum favors further losses. Key...
USD/CHF edges lower to 0.8905 in Wednesday’s early European session. Financial markets expect two or potentially three rate cuts this year, with the first rate cut...
The Australian Dollar continues to lose ground due to the stark decline in prices of Iron Ore. Australia’s Composite PMI declined to 50.2 in July from...
NZD/USD weakens around 0.5945 in Wednesday’s early Asian session, down 0.25% on the day. Rising expectations of RBNZ rate cuts and sluggish Chinese economic activity exert...
USD/JPY advances near 155.85 in Wednesday’s early Asian session, up 0.24% on the day. The higher possibility of a BoJ interest rate hike might support the Japanese Yen. ...
AUD/USD registered significant declines on Tuesday towards 0.6615. The slowdown in Chinese economic activity is contributing to the decline in commodity prices. The stubbornly high inflation...
Here is what you need to know on Tuesday, July 23: The action in financial markets turns subdued early Tuesday, following Monday’s choppy trading. The US...
USD/CHF depreciates as traders expect the Fed to reduce rates in September. NBC News projected that Vice President Kamala Harris had secured endorsements from a majority...
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...