Currency

EUR/USD fell on Thursday as the U.S. dollar (USD) stabilized after weakness on Wednesday. However, the near-term outlook for the euro (EUR) improved slightly after European Central Bank (ECB) Governor…

The U.S. dollar (USD) extended losses in a holiday-shortened week, with EUR/USD gaining. The U.S. Dollar Index (DXY), which tracks the U.S. dollar against six major currencies, extended its pullback…

Earlier this week, EUR/GBP once again broke down near the 20 and 50-day SMAs, adding to concerns that the cross’s decline is not yet over. With prices regaining negative momentum…

AUD/NZD reversed course in Asia on Tuesday, rising towards one-week highs in the 1.0990 area in reaction to upbeat Chinese data. Following the Reserve Bank of Australia decision, the Australian…

The yen hit a one-week low against the dollar on Monday, pushing further away from those lows on expectations that Japan’s political landscape may make it difficult for the Bank…

The GBP/JPY pair ended a five-day losing streak and was trading around 191.90 during Asian trading on Thursday. Economic data releases from the United Kingdom (UK) remain sparse and the…

AUD/USD attracted some sellers after Thursday’s intraday rise into the 0.6510 area and dropped to fresh intraday lows during the first half of the European session, although follow-through was lacking.…

EUR/JPY was on track for a fourth straight week of losses, with prices retracing more than half of their September-October gains to 159.00 on Wednesday. The 61.8% Fibonacci retracement level…

In the Asian market on Thursday, EUR/GBP strengthened after falling for two consecutive days, trading around 0.8340. However, EUR/GBP’s upside may be limited as stronger-than-expected UK inflation on Wednesday reinforced…

The Japanese yen (JPY) extended its modest intraday gains, dragging USD/JPY to fresh daily lows around 154.00 ahead of Thursday’s European session. Bank of Japan (BoJ) Governor Kazuo Ueda did…