Today is the last trading day of the year, and all markets are awash with profit-taking before heading into the New Year’s holiday weekend. The U.S. dollar index has rebounded…
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USD/CAD regained some ground in Asia on Friday. The USD/CAD rebound was supported by a slight gain in the U.S. dollar (USD) and lower oil prices. However, the bearish outlook…
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NZD/USD fell first and then rose on Thursday, trading around 0.6340 during the Asian session on Friday. The New Zealand dollar was boosted by the prospect that the Reserve Bank…
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The US dollar (USD) rebounded slightly on Friday, but the Indian rupee (INR) traded positively on Friday. The Financial Stability Report states that the Indian economy and financial system remain…
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GBP/USD attempts to recover from the previous session’s losses. In Asia on Friday, GBP/USD edged higher to around 1.2740. The US dollar (USD) is trying to halt its losing streak…
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GBP/USD will continue its bullish momentum next year, rising to 1.3500, Goldman Sachs’ global head of FX said in his latest report, citing GBP/USD’s correlation with equities and fading fears…
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USD/JPY rebounded from 140.23, its lowest level since July, before bouncing back to 141.65 in early Asian trade on Friday. A rebound in the U.S. dollar and rising U.S. bond…
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In early Asian trading on Friday, EUR/USD closed slightly higher after falling back from its monthly high of 1.1139. As of press time, EUR/USD was trading at 1.1070, up 0.04%…
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USD/CAD climbed above the 1.3200 mark on Thursday, retracing its recent losses but remaining on track to end the day lower for a third straight week. USD/CAD has ended lower…
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In early Asian trading on Friday, the AUD/USD lost rebound momentum. The U.S. dollar (USD) rebounded from its lowest level since July near 100.85 before moving back up to 101.25.…