Currency

USD/CAD is steady after two days of gains, trading around 1.3850 during the Asian session on Friday. That level is close to the two-month high of 1.3868 reached on Thursday.…

The EURUSD was unable to benefit from the strong rise of about 60 points the day before, and the Asian market was slightly bearish on Friday. However, the pair stabilized…

USD/CHF was trading around 0.8660 during early European trading on Thursday, hovering around the two-month high of 0.8686 recorded on Wednesday. USD/CHF is likely to appreciate further as the Swiss…

AUD/USD rose steadily during the first half of Thursday’s European session and recovered further from the lowest level since August 16th hit the previous day around 0.6615-0.6610. This momentum lifted…

EUR/GBP gave up the previous day’s gains and was trading around 0.8320 during the European session on Thursday. EUR/GBP remains tepid following the release of HCOB Purchasing Managers Index (PMI)…

USD/JPY surged to a near three-month high, hitting 151.79, helped by a stronger dollar and rising U.S. Treasury yields. Strong U.S. macroeconomic data and demand for safe-haven assets triggered by…

AUD/USD is attempting to recover towards 0.6681, but the outlook appears uncertain as the pair remains close to six-week lows. A stronger U.S. dollar and rising U.S. Treasury yields, driven…

During the European session on Tuesday, EUR/USD was trading near support at the 1.0800 integer level, close to an 11-week low. The major currency pair is under pressure due to…

AUD/JPY rose for a second straight session, hovering around 100.90 during European trading on Tuesday. Positive employment data released last week provided support for the Australian dollar (AUD) as the…

Sterling was mixed against major currencies on Tuesday, as investors struggled to find direction as they awaited a speech from Bank of England (BOE) Governor Andrew Bailey, due at 13:25…