Currency

The Indian rupee (INR) lost momentum on Wednesday near its lowest in a month. A stronger U.S. dollar (USD), rising crude oil prices and weakness among other Asian peers supported…

USD/CAD is firmer in early Asian trade on Wednesday, sitting above the mid-1.3500 level. USD/CAD gains were supported by a stronger U.S. dollar and weaker-than-expected Canadian consumer price index (CPI)…

In early Asian trade on Wednesday, GBP/USD was in bearish territory for the fifth day in a row. Investors are awaiting UK consumer price index (CPI) inflation data for February…

In early trading in Asia on Wednesday, EUR/USD was flat above the mid-range of 1.0800. Meanwhile, the U.S. dollar index is trading near three-week highs of 103.80, consolidating gains. Traders…

EUR/USD remains on the defensive as market participants wait to see the Federal Reserve’s monetary policy decision on Wednesday. As a result, EUR/USD is trading at 1.0859, down 0.12%. EUR/USD…

USD/CAD climbed during the US session, but fell below the 1.3600 mark after Canadian data showed that deflationary processes continued. At press time, USD/CAD was trading at 1.3565 after hitting…

EUR/JPY traded firmer during Asian trading on Tuesday, trading above the mid-162.00 level. EUR/JPY moved higher, in line with market expectations, following the Bank of Japan’s (BoJ) decision to end…

GBP/JPY rebounded from intraday losses, extending its winning streak since March 12. In Asia on Tuesday, GBP/JPY rose to around 190.30. Bank of Japan (BoJ) board members have chosen to…

The Indian rupee weakened on Tuesday as state banks bought dollars. Lower speculation that the US Federal Reserve (Fed) may cut interest rates in June provided some support to the…

USD/CAD extended its gains for the fourth consecutive session, trading around the key 1.3540 level. The U.S. dollar (USD) is trading higher, driven by rising U.S. Treasury yields. The bond…