In Asia on Thursday, before the Swiss National Bank (SNB) announced its interest rate decision, USD/CHF continued to fall for the fourth consecutive trading day, trading around 0.8670. Most economists…
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USD/CAD is trending lower, weighed down by the dovish stance of the Federal Reserve’s interest rate decision on Wednesday, in line with consensus expectations. In Asia on Thursday, USD/CAD fell…
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The Japanese yen (JPY) pared strong intraday gains against the US dollar (USD) and helped USD/JPY recover from sub-141.00 levels, or the lowest levels since late July hit earlier this…
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USD/CAD maintained its bullish bias for the second day in a row on Wednesday despite a lack of bullish conviction and still found resistance around the multi-day highs hit the…
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Ahead of monetary policy decisions in the United States and the Eurozone on Wednesday and Thursday respectively, EUR/USD stopped falling and rebounded, continuing its two-day winning streak. In Asia on…
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The yen remains on the defensive against the dollar ahead of Wednesday’s European trading session, weighed by the diminishing likelihood of an imminent shift in the Bank of Japan’s (BoJ)…
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NZD/USD continues to roughly consolidate between 0.6100 and 0.6180, with NZD/USD remaining within the December range. New Zealand’s third-quarter gross domestic product (GDP) will be released in early trading on…
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The Japanese yen (JPY) fell for a second straight day on Monday, erasing most of last week’s strong gains against the U.S. dollar (USD), amid growing odds that the Bank…
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The Indian rupee (INR) traded negatively on Tuesday amid renewed demand for the US dollar (USD). The Reserve Bank of India (RBI) kept its benchmark repo rate unchanged at 6.50%,…
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USD/CAD fell for a third straight day, with the U.S. Dollar Index turning bearish after two straight days of gains. USD/CAD fell to around 1.3560 in Asia on Tuesday. Additionally,…