In early Asian trading on Friday, the USD/CAD currency pair was in negative territory for the second consecutive trading day. The core PCE price index for December, the Fed’s preferred…
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GBP/USD is trading above the psychological 1.2700 mark in early Asian trade on Friday. Better US GDP boosted GBP/USD. Markets are likely to turn cautious ahead of Friday night’s release…
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Bearish flows weighed on EUR/USD further after the European Central Bank (ECB) kept interest rates steady and US fourth-quarter gross domestic product (GDP) grew faster than expected. The European Central…
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In early Asian trading on Friday, the New Zealand dollar/US dollar fluctuated and weakened above the 0.6100 mark. US gross domestic product (GDP) growth provided some support to the US…
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NZD/USD has attracted some bulls for the third day in a row on Thursday and now appears to have broken off the previous day’s pullback from around 0.6100, or a…
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GBP/USD is trending lower on Thursday after pulling back from a fresh two-week high of 1.2774. GBP/USD fell to around 1.2710 in Asia on Thursday. Sterling initially found support after…
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The Indian rupee (INR) fell on Thursday amid renewed demand for the US dollar. India’s economy is expected to grow 7.3% this fiscal year, beating even the most optimistic expectations…
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The Australian dollar fell for a second consecutive day on Thursday. AUD/USD is under pressure following the release of positive S&P Global Purchasing Managers’ Index (PMI) data from the United…
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In early Asian trading on Thursday, USD/CAD continued its gains and was below the mid-1.3500 level. The Bank of Canada (BOC) held its benchmark interest rate steady at 5.0% on…
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In early Asian trading on Thursday, GBP/USD rose slightly. GBP/USD regained the 1.2700 mark on the back of risk-on sentiment. However, Thursday’s preliminary estimate of U.S. fourth-quarter (Q4) gross domestic…