In Asia on Wednesday, GBP/USD gave up the previous day’s gains and fell to around 1.2720. GBP/USD is under downward pressure ahead of a slew of UK economic data on…
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In early trading in the European market, USD/CHF found support after a sharp correction to near the 0.8600 integer support. USD/CHF is expected to fall further as the dollar’s bearish…
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In early trading in Asia on Wednesday, the USD/CAD pair rebounded slightly from around 1.3330, the lowest level since August 4 hit in early trading, and recovered some of the…
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During early trading in Asia on Wednesday, the EUR/USD exchange rate fell modestly and continued to encounter resistance at the 1.1000 psychological mark. The outlook for EUR/USD is bullish amid…
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In Asia on Wednesday, the NZD/USD pair broke its seven-day winning streak. However, downside may be limited for NZD/USD due to continued weakness in the U.S. dollar and falling U.S.…
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In early European trading on Tuesday, the Australian dollar/yen crossed higher. AUD/JPY was boosted by yen weakness following the Bank of Japan (BoJ) monetary policy meeting. As of press time,…
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Affected by the situation in the Middle East and the Federal Reserve’s dovish outlook for 2024, USD/CHF continues to fall. During the Asian session on Tuesday, the pair traded lower…
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USD/CAD struggled to extend the previous day’s strong rebound from 1.3300, or three-month lows, during Tuesday’s Asian session, trading with a mildly bearish bias just below the 1.3400 mark. However,…
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USD/INR Fluctuates Lower Amid Weak U.S. Dollar And Strong Capital Injection Into Indian Stock Market
The Indian rupee strengthened on Tuesday. Dollar selling by custodian banks on Monday boosted the Indian rupee to a nearly three-month high, followed by importer dollar demand which boosted the…
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In early Asian trading on Tuesday, GBP/USD broke its two-game losing streak. A weaker U.S. dollar and lower U.S. bond yields helped GBP/USD rebound. Investors are awaiting UK inflation data…