GBP/USD was trading around 1.2770 during early European trade, rising for a second day on Friday. GBP/USD’s gains may be due to growing expectations that the US Federal Reserve will…
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In early European trading on Friday, the euro was steady near 160.75 against the yen. The recent German inflation report provided some support for the euro (EUR). However, safe-haven flows…
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The Japanese yen (JPY) regained recent losses against the US dollar (USD) on Friday. Traders are closely assessing Japan’s monetary policy outlook as Bank of Japan officials have signaled they…
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EUR/GBP fell modestly around 0.8560 in early European trading on Friday. Traders are awaiting UK monthly employment data due next Tuesday. The Harmonized Index of Consumer Prices (HICP) in Germany…
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USD/CAD is trading lower for a fourth day in a row, trading around 1.3735-1.3740 in early European trade on Thursday. Bearish traders are currently awaiting some follow-through selling below the…
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GBP/USD is once again showing some resilience below the 100-day simple moving average (SMA) and attracting dip buying near the more than one-month low hit earlier this week. However, GBP/USD…
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EUR/JPY came under renewed selling pressure on Thursday and stayed away from the previous day’s weekly high of around 161.45. However, spot prices rebounded nearly 100 points from the session…
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EUR/GBP rose to three-month highs and was trading around 0.8610 during the Asian session on Thursday. EUR/GBP found support on rising expectations for a 25 basis point rate cut by…
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During the Asian session on Thursday, the AUD/JPY cross traded near the 94.70 area, attracting some bargain-hunting buying and interrupting the slight pullback since the one-week high hit the previous…
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USD/CAD maintained its modest intraday losses during early European trading on Wednesday and is currently trading around the 1.3775-1.3770 area. However, spot prices managed to hold above the two-week low…