Currency

AUD/USD managed to hold on to the 100-day simple moving average (SMA) support on Wednesday and attracted some buying near 0.6645. Spot prices maintained a buying tone around the 0.6660-0.6665…

GBP/USD gained some follow-through positive traction for the second day in a row on Wednesday, building on a modest rebound overnight from the 1.3050-1.3045 area, or three-week lows. However, spot…

USD/JPY fell for a second day in a row, trading around 141.20 during the Asian session on Wednesday. The Japanese yen (JPY) remains strong following a speech by Bank of…

In the Asian market on Tuesday, USD/CAD attracted some buyers, but lacked follow-up and remained within the previous day’s shock range. Ahead of investors launching new bets, USD/CAD is currently…

EUR/USD appears to have ended a two-day losing streak after recovering a few points from one-week lows around 1.1030-1.1025 hit during Tuesday’s Asian session. However, with US Dollar (USD) buying…

GBP/JPY remains above 187.00 during the Asian session on Tuesday. Mixed employment data from the United Kingdom (UK) provided some support for the pound (GBP). Figures published by the Office…

This week’s opening moves are easy to categorize. Risk sentiment improved after taking a hit last week, with major European and U.S. stock markets gaining just under/over 1%. But this…

GBP/USD attracted some bargain hunting in Asia on Monday and was last seen recovering near 1.3100, but a number of factors could limit further gains. The closely watched U.S. monthly…

In Asia on Monday, USD/JPY broke its four-day losing streak and traded around 142.90. USD/JPY’s recovery was partly due to lower-than-expected Japanese gross domestic product (GDP) data. However, strong economic…

The exchange rate between the Canadian Dollar (CAD) and the United States Dollar (USD) is a key indicator of the economic relationships between Canada and the United States. It has…