Ella

In Asia on Wednesday, the Japanese yen (JPY) exchange rate rose against the U.S. dollar, but lacked follow-up and remained within the range of shocks for the past two weeks…

On Wednesday, the Bank of Japan announced that it would continue to purchase Japanese government bonds (JBGs), unchanged from its previous proposal. The Bank of Japan will purchase 150 billion…

On Wednesday, EUR/USD fell modestly to around 1.0765 after rebounding from multi-week lows near 1.0720. The U.S. dollar index is weak, sitting below the 105.00 mark, providing some support for…

GBP/USD is trading around 1.2575, maintaining a mild bearish bias, despite the greenback’s losses on Wednesday. GBP/USD remains weak amid slowing UK inflation and subdued market sentiment. Traders will be…

Cleveland Fed President Loretta Mester said, “Without sufficient evidence to convince us that inflation is on a sustainable path back to 2% in time, lowering interest rates too early or…

The USD/CAD pair attracted some buyers for the second day in a row on Tuesday and looks set to build on an overnight rebound from the 1.3515 area or above…

The Indian rupee remained flat on Tuesday despite a stronger dollar following an uptick in the US ISM manufacturing purchasing managers’ index (PMI). The Reserve Bank of India will hold…

In the Asian market on Tuesday, the NZD/USD fluctuated within a narrow range and consolidated its recent decline, falling to the lowest level since November 14th hit the previous day.…

The yen edged higher against the dollar during Asian trading on Tuesday, but remained near multi-decade lows hit last week. Japanese government officials continue to make verbal statements in defense…

On Tuesday, the Australian dollar remained consolidated and on the defensive. The U.S. dollar received a boost after U.S. ISM manufacturing purchasing managers’ indexes improved and U.S. Treasury yields surged…