In Asia on Wednesday, EUR/USD expanded its losses for the second consecutive trading day, trading around 1.0750. The U.S. dollar (USD) rose on expectations that the Federal Reserve (Fed) will…
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In early Asian trading on Wednesday, USD/JPY strengthened to around 154.75 for the third consecutive day. Talk of “higher interest rates for longer” in the U.S. continues to support the…
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On Wednesday, Japanese Finance Minister Shunichi Suzuki said that he was paying close attention to currency fluctuations with a high sense of urgency. Suzuki Shunichi also said that all necessary…
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On Tuesday, Bank of Japan Governor Kazuo Ueda addressed the Japanese Diet. Kazuo Ueda warned that policy responses may be needed due to the impact of foreign exchange fluctuations and…
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On Tuesday, the AUD/USD fell by about 0.42% after the Reserve Bank of Australia announced its monetary policy decision to keep interest rates unchanged. However, the decision was viewed as…
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In early Asian trading on Wednesday, GBP/USD fell back to around 1.2500. The U.S. dollar index edged back up to 105.40, pushing GBP/USD lower. Fed officials Philip Jefferson, Susan Collins…
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EUR/USD trading has been congested at the start of the week. Before Friday, data moving the market was limited to secondary economic data. The arrival of U.S. consumer confidence data…
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Here’s what investors need to know on Wednesday, May 8: The U.S. dollar index rose slightly, managing to regain the 105.40 area while U.S. bond yields are still falling. MBA’s…
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NZD/USD fell on Tuesday, trading at 0.6005. Market action highlights strong bearish momentum after consecutive losses. The overall trend points to increasing selling pressure, with NZD/USD facing strong resistance at…
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AUD/NZD has attracted some sellers around 1.0990 during early European trade on Tuesday. The Reserve Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35% at its May…