On Thursday, former Bank of Japan (BoJ) Monetary Policy Committee member Makoto Sakurai said in an interview that the Bank of Japan may end its negative interest rate policy before…
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The GBP/USD pair struggled to gain any significant momentum on Thursday, as the Asian market maintained a tight range below the mid-1.2100 level. GBP/USD is trading at the bottom of…
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On Thursday, AUD/NZD volatility will be ushered in by Australian employment data, with investors looking for Australia’s unemployment rate to hold steady at 3.7% in September, while Australia’s employment change…
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NZD/USD continued to fall on Wednesday, testing the 2023 low and setting a new low for the year at 0.5846. Overall market sentiment turned decidedly risk averse on Wednesday, and…
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Federal Reserve Governor Michelle Bowman said at the Fed Listens event on Thursday that US inflation has come down but is still too high. Somewhat surprising to the market, however,…
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The USD/CHF extended its losses to the 50-day moving average (DMA) at 0.8957, but bounced back from this level to close at 0.8987 on Wednesday, encountering resistance at the 200-day…
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The Australian dollar/yen extended its losses for the second day in a row after the Asian markets opened on Thursday, trading around the 94.94 level. AUD/JPY fell 0.36% on Wednesday…
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The EUR/JPY bulls appeared to take profits on Wednesday, as the pair initially fell to a low of 157.70 before settling at 157.86, holding above the key 20-day simple moving…
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The USD/CHF pair attempted to retest the psychological 0.9000 level during the European session. The broader outlook for CHF assets remains bearish as the US dollar struggles to extend its…
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The USD/CAD pair traded in the 1.3600-1.3700 range on Tuesday, as volatility came under pressure ahead of Federal Reserve Chairman Jerome Powell’s speech scheduled for Wednesday. The USD/CAD saw a…