Currency

In the Asian market on Tuesday, the EUR/USD rebounded after falling for two consecutive days, rising and approaching the 1.0930 mark. However, EUR/USD encountered resistance ahead of the release of…

In early Asian trading on Tuesday, USD/CAD still encountered resistance at the key 1.3500 mark. A fall in the U.S. dollar (USD) and falling U.S. Treasury yields weighed on USD/CAD.…

GBP/USD remains on the defensive in early Asian trade on Tuesday, staying above the 1.2800 support level. Lower bets on interest rate cuts from the Bank of England (BOE) weighed…

USD/JPY opened Monday with lows near the 147.00 mark, well away from the highs of 150.00 reached in early March. Markets braced for U.S. inflation data on Tuesday as investors…

USD/CAD struggled to capitalize on Friday’s positive rebound from the $1.3420 area, or near one-month low, and was range-bound on the first day of the new week. During the Asian…

In Monday’s European session, the Pound Sterling (GBP) maintained a narrow range around 1.2850 against the US Dollar (USD) as investors exercised caution in a week filled with significant economic…

The US Dollar (USD) started the week quietly after experiencing significant losses against major counterparts in the previous week. The USD Index, which recorded a decline of over 1% last…

The Indian rupee weakened on Monday, even as the U.S. dollar (USD) fell. Mixed U.S. labor market data for February released on Friday put some selling pressure on the dollar…

In the Asian market on Monday, GBP/USD hovered around 1.2850, maintaining bullish sentiment and likely to continue the rising trend since March 1. However, the U.S. dollar (USD) gained strength…

In early Asian trading on Monday, EUR/USD strengthened to around the mid-1.0900 level. The overall U.S. non-farm payrolls data for February released on Friday showed that U.S. labor market activity…