Currency

The Japanese yen exchange rate rose against the US dollar for the second consecutive day on Thursday, with the US dollar against the Japanese yen rebounding to around the 143.00…

EUR/USD attracted some bargain hunting during Thursday’s Asian session and reversed some of the previous day’s losses from the weekly top. Spot prices are currently trading around 1.0900, up just…

The USD/CAD pair is trading weaker during early Asian trading on Thursday. The pair rebounded from four-month lows of 1.3310 to 1.3350. However, the U.S. dollar (USD) upside may be…

GBP/USD remains below the mid-1.2600 level during early Asian trade on Thursday. Weaker-than-expected UK inflation data and a slight recovery in the US dollar supported the pair’s losses. At press…

The Federal Reserve’s unexpected dovish pivot in December has bolstered the case for a continued weakening of the U.S. dollar into 2024. However, the strength of the U.S. economy may…

Wednesday, December 20, 2023 Most Asian currencies stabilized after recent gains on Wednesday, while the dollar remained close to four-month lows. Traders are largely maintaining bets that the Federal Reserve…

The euro is exhibiting signs of correction during early trading on Wednesday, encountering challenges in sustaining the previous day’s uptrend. Despite a modest upward movement and approaching 1.10 in recent…

In Asia on Wednesday, GBP/USD gave up the previous day’s gains and fell to around 1.2720. GBP/USD is under downward pressure ahead of a slew of UK economic data on…

In early trading in the European market, USD/CHF found support after a sharp correction to near the 0.8600 integer support. USD/CHF is expected to fall further as the dollar’s bearish…

In early trading in Asia on Wednesday, the USD/CAD pair rebounded slightly from around 1.3330, the lowest level since August 4 hit in early trading, and recovered some of the…