Currency

In a significant turn of events, the US dollar plummeted to a fresh four-month low on Thursday following the Federal Reserve’s latest economic projections. The central bank signaled that the…

In Asia on Thursday, before the Swiss National Bank (SNB) announced its interest rate decision, USD/CHF continued to fall for the fourth consecutive trading day, trading around 0.8670. Most economists…

USD/CAD is trending lower, weighed down by the dovish stance of the Federal Reserve’s interest rate decision on Wednesday, in line with consensus expectations. In Asia on Thursday, USD/CAD fell…

The Japanese yen (JPY) pared strong intraday gains against the US dollar (USD) and helped USD/JPY recover from sub-141.00 levels, or the lowest levels since late July hit earlier this…

Most Asian currencies experienced sharp gains on Thursday, while the US dollar approached a four-month low following the Federal Reserve’s announcement that it was halting interest rate hikes and considering…

EUR/USD is holding steady around the 1.08 mark, with analysts at ING examining the potential prospects for the currency pair. The focus is on the Federal Reserve’s possible impact on…

During Wednesday’s European trading session, EUR/GBP maintained a positive trajectory, surging above 0.8600 in response to disappointing UK GDP and manufacturing data. The decline in sterling against major currencies was…

Wednesday saw a retreat in most Asian currencies, accompanied by a steadying dollar, as persistent doubts emerged over the Federal Reserve’s signals following the release of robust U.S. inflation data.…

USD/CAD maintained its bullish bias for the second day in a row on Wednesday despite a lack of bullish conviction and still found resistance around the multi-day highs hit the…

Ahead of monetary policy decisions in the United States and the Eurozone on Wednesday and Thursday respectively, EUR/USD stopped falling and rebounded, continuing its two-day winning streak. In Asia on…