EUR/JPY gained some positive traction on Thursday and recovered further from a more than one-month low near 155.45 hit the previous day. However, spot prices fell a few points from…
© 2023 Copyright fxcurrencyconverter.com
-
-
AUD/USD managed to hold on to the 100-day simple moving average (SMA) support on Wednesday and attracted some buying near 0.6645. Spot prices maintained a buying tone around the 0.6660-0.6665…
-
GBP/USD gained some follow-through positive traction for the second day in a row on Wednesday, building on a modest rebound overnight from the 1.3050-1.3045 area, or three-week lows. However, spot…
-
USD/JPY fell for a second day in a row, trading around 141.20 during the Asian session on Wednesday. The Japanese yen (JPY) remains strong following a speech by Bank of…
-
In the Asian market on Tuesday, USD/CAD attracted some buyers, but lacked follow-up and remained within the previous day’s shock range. Ahead of investors launching new bets, USD/CAD is currently…
-
EUR/USD appears to have ended a two-day losing streak after recovering a few points from one-week lows around 1.1030-1.1025 hit during Tuesday’s Asian session. However, with US Dollar (USD) buying…
-
GBP/JPY remains above 187.00 during the Asian session on Tuesday. Mixed employment data from the United Kingdom (UK) provided some support for the pound (GBP). Figures published by the Office…
-
This week’s opening moves are easy to categorize. Risk sentiment improved after taking a hit last week, with major European and U.S. stock markets gaining just under/over 1%. But this…
-
The depreciation of a currency can have significant ripple effects on the domestic economy, businesses, and international markets. When the British Pound (GBP) depreciates, it means the currency loses value…
-
GBP/USD attracted some bargain hunting in Asia on Monday and was last seen recovering near 1.3100, but a number of factors could limit further gains. The closely watched U.S. monthly…