AUD/USD rose for the third day on Thursday and is now trading above the 0.6700 round number. Spot prices are close to the nearly seven-month high hit on Wednesday and…
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GBP/USD continues its winning streak that started on June 27. GBP/USD traded around 1.2750 in the Asian session on Thursday, likely due to weak data released by the US on…
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EUR/USD continued its rally, trading around 1.0790 in Asian session on Thursday. The rise in the exchange rate can be attributed to the decline in the US dollar (USD) due…
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EUR/JPY weakened to around 174.20 in Asian trading on Thursday, ending a six-day winning streak. Concerns about Japanese authorities’ intervention in foreign exchange (FX) boosted the Japanese yen (JPY). German…
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EUR/GBP extended losses to trade around 0.8465 in early European trading Thursday. The euro moved lower after a weaker Eurozone HICP inflation report fueled expectations of a rate cut by…
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AUD/USD strengthened to around 0.6715 in early European trading on Thursday. The Australian dollar rose on encouraging Australian retail sales in May, which boosted the case for the Reserve Bank…
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European and UK stocks are expected to open higher on Thursday after US stocks hit record highs on Wednesday, which can be attributed to the surge in market expectations for…
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USD/CAD fell to 1.3675 in early Asian trading on Wednesday as the U.S. dollar weakened. Traders will get more clues from the U.S. June ADP employment change, ISM services PMI…
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USD/JPY hit a new high near 161.75 in early Asian trading on Wednesday and strengthened to around 161.40. Market participants are still watching for possible foreign exchange (FX) intervention measures…
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GBP/USD is trading in positive territory for the fifth consecutive day at 1.2688 in early Asian trading on Wednesday. The US dollar index (DXY) fell below the 106.00 mark that…