In early Asian trading on Tuesday, EUR/USD was still under selling pressure, hitting a near one-week low of 1.0730. The U.S. dollar index rose above the 105.00 mark and U.S.…
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AUD/USD held steady at 0.6490, weighed down by a spike in U.S. Treasury yields and a strengthening U.S. economic outlook. Australian and US manufacturing PMIs are not consistent, highlighting the…
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In early Asian trading on Tuesday, GBP/USD remained on the defensive, near 1.2545. The U.S. dollar index rose above the 105.00 mark, and U.S. Treasury yields moved sharply higher after…
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During early European trading on Monday, USD/CHF was trading around 0.9015, with a mildly bearish trend. Dovish comments from Federal Reserve (FED) Chairman Jerome Powell on Friday weighed on the…
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On Monday, NZD/USD extended gains for the second consecutive trading day, with the Asian market rising to around 0.5980. NZD/USD strengthened following dovish remarks from Federal Reserve (FED) Chairman Jerome…
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The Indian rupee (INR) remained strong on Monday despite a stronger US dollar (USD). Aditi Nayar, chief economist at Icra, said: “The Reserve Bank of India (RBI) is expected to…
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GBP/USD pared intra-day gains, moving higher to 1.2530 in Asia on Monday. The US dollar recovered its daily losses due to risk aversion before the US ISM Manufacturing Purchasing Managers…
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The USD/CAD pair extended its recent pullback from the 1.3610-1.3615 supply zone, or yearly highs, facing a sixth straight day of selling pressure on Monday. However, USD/CAD losses stalled ahead…
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The yen opened weakly on Monday and despite the lack of follow-through, remained within the range that it has been trading within for the past two weeks or so. The…
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In early Asian trading on Monday, the EUR/USD fluctuated and weakened to around 1.0787 due to renewed demand for the U.S. dollar (USD). The Federal Reserve’s (Fed) policy stance of…