GBP/USD struggled to capitalize on the good overnight rally from the 1.2800 round figure (or nearly three-week low) and attracted some selling in Asia on Tuesday. Spot prices are currently…
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EUR/JPY regained some ground around 167.20 during early European trade on Tuesday. The Japanese yen (JPY) extended losses for a second straight day, providing some support for the cross. On…
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EUR/GBP halted two days of losses and was trading around 0.8420 during the Asian session on Tuesday. The euro strengthened ahead of Tuesday’s release of second-quarter gross domestic product (GDP)…
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USD/CAD has turned lower after rising to the 1.3865 area during Tuesday’s Asian session and now appears to have snapped a nine-day winning streak to its highest level since November…
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GBP/USD rebounded strongly overnight from around the 1.2800 mark, a near three-week low, but GBP/USD struggled to profit from the move, attracting some selling during the Asian session on Tuesday.…
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The USD Index is likely to hold above 104 with a target of 105, while medium-term resistance for EURUSD lies at 1.0870/80, below which a test of 1.08 could soon…
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USD/CAD retreated from eight-month highs of 1.3849 recorded in the previous session, trading around 1.3820 during Monday’s Asian session. Rising oil prices are supporting the Canadian dollar (CAD) and putting…
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In early European trading on Monday, EUR/JPY remained on the defensive around 166.55. The Japanese yen (JPY) extended gains as traders increased bets on the prospect of the Bank of…
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The USD/CHF trend was consolidating on the bearish side, maintaining a moderate decline near 0.8830 in early European trading on Monday. The U.S. dollar (USD) faces challenges as U.S. (US)…
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Gold prices (XAU/USD) extended gains for a second straight session, trading around $2,400 an ounce during European trading on Monday. U.S. personal consumption expenditures (PCE) price index data released last…