Pound Sterling (GBP) held gains against the US Dollar (USD) around 1.2770 during the European session on Friday. GBP/USD rallied sharply on Thursday after U.S. data on initial jobless claims…
© 2023 Copyright fxcurrencyconverter.com
-
-
AUD/USD maintained its decline during the first half of Friday’s European session and is currently trading near the 0.6425 area, down approximately 0.40% throughout the day. Spot rates remain close…
-
During the Asian session on Friday, GBP/USD fluctuated in a range below 1.2750, consolidating the gains from the past three days to more than three weeks’ highs. Traders are currently…
-
EUR/USD weakened to around 1.0575 during early European trading on Friday. Heightened concerns about U.S. tariffs on European goods, as well as rising bets on an interest rate cut by…
-
The Japanese yen (JPY) remains in the lead against the US dollar during Friday’s Asian session as the Bank of Japan (BoJ) takes a more hawkish stance. Indeed, the Bank…
-
The Indian rupee (INR) had a lackluster performance on Wednesday after hitting a record low in the previous session. Due to sluggish growth in India’s gross domestic product (GDP), continued…
-
The Australian dollar (AUD) pared some of its intraday losses and helped AUD/USD rebound around 35-40 pips from around 0.6400, or its lowest levels since August 5. However, any meaningful…
-
EUR/USD moved higher during European trading on Wednesday and held on to key support at 1.0500. EUR/USD traded mostly sideways as investors awaited a motion of no confidence in French…
-
USD/JPY received strong follow-through buying on Wednesday, building on an overnight rebound from the 148.65 area, or its lowest level since October 11. The intraday rise continued into the first…
-
The Indian rupee continued to come under pressure on Tuesday after depreciating to a record low in the previous session. Disappointing Indian macroeconomic data, continued foreign fund outflows and resurgent…