Currency

USD/JPY is trading around 147.50 at Thursday’s open, after falling below the 148.00 mark on Wednesday. USD/JPY has maintained an overall bearish pattern since peaking near 148.50 last week. The…

Despite positive preliminary readings in the Australian Purchasing Managers Index (PMI) released by Judo Bank and S&P Global, the Australian dollar relinquished its gains on Wednesday. However, the currency managed…

The U.S. dollar retreated from its six-week highs in early European trade on Wednesday as risk appetite increased. In contrast, the euro faced challenges in gaining momentum ahead of the…

In a recent turn of events, the Pound to Euro (GBP/EUR) exchange rate has surged to a modest six-week high, reaching 1.1690, driven by a combination of robust UK government…

USD/CHF is trying to halt a winning streak that started on January 11th. During Wednesday’s Asian session, the pair traded lower near 0.8690. This may be due to a slight…

The Indian rupee weakened on Wednesday as the dollar strengthened further and U.S. bond yields rose. Strong U.S. economic data has prompted expectations that the Federal Reserve is unlikely to…

EUR/USD attempted to recoup its recent losses, rising slightly to around 1.0850 in Asia on Wednesday. However, the preliminary consumer confidence index released by the European Commission on Tuesday showed…

In early trading in Asia on Wednesday, USD/CAD fell and was above the mid-range of 1.3400. Market participants will be closely watching the Bank of Canada’s (BOC) interest rate decision…

Euro zone banks are cautiously optimistic about a minor upturn in the demand for mortgages and loans to businesses in the early months of this year, according to a survey…

The Japanese yen exhibited a reversal on Tuesday, strengthening on indications that the Bank of Japan (BOJ) might make policy adjustments at its next meeting. Earlier, the yen had dipped…