Currency

The EUR/GBP pair has rebounded, reclaiming ground lost on Tuesday, and is trading near 0.8550 during the early European hours on Wednesday. The upward movement is supported as traders adopt…

The Pound Sterling (GBP) faces headwinds in Wednesday’s European session as market sentiment remains volatile ahead of the crucial United States core Personal Consumption Expenditure price index (PCE) data for…

The dollar showed marginal gains as traders largely disregarded U.S. manufactured goods data, awaiting the Federal Reserve’s preferred inflation measure for insights into potential interest rate cuts. Meanwhile, the Reserve…

The Indian rupee (INR) edged lower on Wednesday, while the U.S. dollar (USD) recovered slightly. USD/INR is likely to continue trading in a tight range amid dollar inflows and potential…

USD/CAD rallied for a fourth straight day on Wednesday, rising to a near two-week high near 1.3545 in Asia. While bullish crude oil prices may prevent further gains in USD/CAD,…

In Asia on Wednesday, the EUR/USD continued to fall to around 1.0840 as traders took a cautious stance ahead of the release of the Eurozone Economic Sentiment Index for February…

In early Asian trading on Wednesday, GBP/USD fluctuated within a narrow range below the psychological mark of 1.2700. Later in the day, Bank of England official Catherine Mann will speak…

The USD/MXN pair is experiencing continued losses for the second consecutive day, with the pair trading lower around 17.08 during early European trading on Tuesday. The decline in the pair…

The EUR/JPY cross is trading in negative territory after facing rejection from multi-month highs around 163.50 during early European trading on Tuesday. The Japanese Yen (JPY) gained support following hotter-than-expected…

Euro zone bonds are displaying a higher level of correlation with their U.S. counterparts than ever before, driven primarily by investors’ intense focus on inflation and interest rates rather than…