The euro maintained its muted reaction and is currently defending the $1.08 level. Yesterday’s trading pattern was choppy and interesting, and although the moves were limited, signs of change were…
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During London trading on Friday, the pound hit a two-week low of 1.2845 against the dollar. GBP/USD is facing huge selling pressure due to uncertainty ahead of the release of…
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AUD/USD fell for the ninth consecutive session on Thursday, mainly due to lower crude oil, iron ore and copper prices. As Australia is a net exporter of energy and metals,…
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GBP/JPY remained under selling pressure around 196.65 in early European trading on Thursday. The onset of risk aversion led to more safe-haven flows in the broader markets, including the Japanese…
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The British pound (GBP) fell to 1.2880 against the U.S. dollar (USD) during Thursday’s London session. GBP/USD fell as market sentiment was subdued ahead of the release of the U.S.…
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USD/JPY strengthened to around 155.85 in early Asian trading on Wednesday, interrupting a two-day losing streak. USD/JPY upside may be limited as more investors speculate that the Bank of Japan…
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The EUR/JPY cross rose to the 169.20 area in early Asian trading on Wednesday, attracting new sellers and moving lower for the third consecutive day. EUR/JPY maintained its downward trajectory,…
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AUD/USD continued its eighth straight day of declines after mixed data from Australia’s Judo Bank Purchasing Managers’ Index (PMI) released on Wednesday. In addition, subdued economic activity in China also…
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On Wednesday, the euro/dollar pair continued its recent consolidation decline from around 1.0900, a four-month high hit last week, and continued to face some selling pressure for the second consecutive…
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The Australian dollar fell for the eighth straight session against the U.S. dollar after mixed readings from Australia’s Judo Bank Purchasing Managers’ Index (PMI) for July released on Wednesday. Weak…