Currency

USD/CAD fell to around 1.3460 during the Asian session on Thursday. The pair fell as the U.S. dollar (USD) struggled to sustain Wednesday’s recovery. The U.S. Dollar Index (DXY), which…

During Asian trading on Wednesday, the Australian dollar pared gains against the U.S. dollar and traded near 0.6800, after reversing and soaring to a seven-month high of 0.6813. After Australia’s…

GBP/USD fell from more than two-year highs of 1.3266 during London trading on Wednesday as the greenback rebounded. Investors are eyeing U.S. core personal consumption expenditures (PCE) data for July…

GBP/USD moved higher after there was no further escalation in the fighting between Israel and Lebanese Hezbollah, easing fears of a wider conflict in the Middle East. Air Force Gen.…

In early European trading on Tuesday, EUR/JPY rose to around 161.60. Uncertainty over the future direction of Japan’s interest rates has weighed on the Japanese yen (JPY) and helped lift…

In the Asian market on Tuesday, the euro against the dollar recovered from the previous trading day’s losses and was trading around 1.1170. Air Force Gen. C.Q. Brown, chairman of…

ASIA: On Monday morning, GBP/USD strengthened to approximately 1.3215 as the US dollar weakened following indications of a potential Federal Reserve rate cut in September. The market is also awaiting…

ASIA: On Monday, EUR/USD extended its gains for the second consecutive trading day, trading near 1.1190. The advance in the euro is attributed to a weakening US dollar following a…

EUR/JPY was trading in negative territory around 160.70 during early European trading on Monday. Hawkish comments from Bank of Japan (BOJ) Governor Kazuo Ueda provided some support to the Japanese…

USD/CAD has rebounded from a five-month low of 1.3498 recorded on Monday and is currently hovering around 1.3510 during early European trade on Monday. The rise in USD/CAD could be…