Currency

USD/CAD climbed above the 1.3200 mark on Thursday, retracing its recent losses but remaining on track to end the day lower for a third straight week. USD/CAD has ended lower…

During Thursday’s European session, USD/MXN made an attempt to recover from recent losses, maintaining a stable position near 16.91. The currency pair faces headwinds primarily stemming from a weakened US…

In a surprising turn of events, the Euro has defied expectations by securing the 1.11 level, propelled by an unexpected rise in thin holiday markets. Despite the lack of major…

Sterling (GBP) has achieved a fresh four-month high, driven by investor anticipation of the Bank of England (BOE) maintaining a more restrictive monetary policy stance compared to other G7 economies.…

The U.S. dollar weakened on Thursday as the Indian rupee pared recent losses. The Indian Center for Economic and Business Research released a report on Wednesday saying that India will…

In Asia on Thursday, GBP/USD continued its upward trend, breaking through the 1.2800 mark. Declining inflationary pressures in the U.S. economy and dovish comments from the Federal Reserve pushed the…

In Asia on Thursday, USD/JPY fell for the second consecutive trading day, trading around 141.30. Improving Japanese trade data for November weighed on USD/JPY. However, Bank of Japan Governor Kazuo…

In early Asian trading on Thursday, EUR/USD continued its gains and broke through the psychological mark of 1.1100. USD weakness has provided some support for EUR/USD. As of press time,…

GBP/JPY is caught in a crowded trade, with GBP/JPY direction unclear. The Bank of Japan once again hinted that it will end its negative interest rate policy if wages increase…

USD/JPY fell 0.9% on Wednesday as markets tend to bet that the Federal Reserve (Fed) will accelerate the pace of interest rate cuts in 2024, with some investors expecting the…