Currency

During Friday’s European session, the Pound Sterling (GBP) faced downward pressure as dismal market sentiment weighed on the appeal of risk-sensitive assets. The GBP/USD pair dipped to a weekly low…

During the European session on Friday, the EUR/GBP pair exhibited a robust bounce back from the 0.8530 level. Despite market expectations of the Bank of England (BoE) initiating interest rate…

USD/CHF rose for a third consecutive day in Asia on Friday, rising to around 0.8850. Strong US producer price index boosted USD/CHF strength. In addition, the U.S. dollar index (DXY)…

USD/CAD posted gains for the second consecutive session on Friday. U.S. consumer inflation data came in better than expected on Wednesday, reducing the chances that the Federal Reserve will cut…

The Indian rupee (INR) lost momentum on Friday. The pair’s gains were boosted by better U.S. producer price index (PPI) data for February. In addition, weaker-than-expected Indian wholesale price index…

EUR/USD extended losses for a second straight day, hitting a one-week low near 1.0870 during the Asian session on Friday. EUR/USD depreciated as the U.S. dollar strengthened and strong U.S.…

In early Asian trading on Friday, GBP/USD continued to fall to around 1.2700 points. GBP/USD fell to multi-day lows near 1.2740 as the greenback rebounded on strong US economic data.…

GBP/JPY rebounded and fell on Thursday before moving back towards the mid-line, meeting resistance near the 189.00 mark, as GBP/JPY traders looked for movement from the Bank of Japan (BoJ).…

The EUR/USD pair displayed a weaker performance below the mid-1.0900s during the early European session on Thursday, as traders adopted a cautious stance ahead of the release of key US…

In the current London trading session, the Pound Sterling (GBP) is maintaining a narrow range around 1.2800 against the US Dollar (GBP/USD) as investors eagerly await insights into the monetary…