Currency

During the Asian session on Friday, EUR/USD hovered below the psychological resistance of 1.1000 after retreating from a three-week high of 1.1012. EUR/USD has been underpinned by a less dovish…

USD/CAD is hovering around 1.3280 in Asia on Friday, close to the four-month low of 1.3275 set in the previous session. USD/CAD fell sharply on U.S. dollar weakness, which may…

In early trading in Asia on Friday, the euro/dollar rose slightly to its highest level in four months. A weaker dollar and a hawkish stance from the European Central Bank…

In the midst of a resurgence in U.S. equities following a sell-off, the dollar experienced a one-week low against a basket of major currencies on Thursday. Investors are closely monitoring…

In the final trading session of the week, most Asian currencies remained within a narrow range, while the U.S. dollar hovered near four-month lows. Investors awaited additional confirmation of the…

During the Asian session on Thursday, USD/CHF fell to around 0.8620. USD/CHF retreated as the U.S. dollar (USD) declined despite rising U.S. Treasury yields. As of press time, the yields…

The British Pound (GBP) encountered challenges in establishing stability as the UK’s Consumer Price Index (CPI) witnessed a sharp decline in November. This has heightened expectations of an early interest…

The Japanese yen is showing signs of recovery after facing substantial selling earlier this week following the Bank of Japan’s recent policy update. Analysts at Bank of Tokyo-Mitsubishi UFJ (MUFG)…

The Indian rupee (INR) was on the weak side on Thursday. The Reserve Bank of India’s (RBI) monthly bulletin highlighted the potential impact on economic growth if headline retail inflation…

Asian currencies displayed limited movement on Thursday, consolidating losses from the previous session as the dollar rebounded from near five-month lows amidst uncertainty regarding the Federal Reserve’s timeline for interest…