Currency

During the Asian session on Tuesday, the euro fell from an eight-month high of 1.1087 against the dollar and is currently trading around 1.1080. The euro fell against the dollar…

The United States dollar (USD) is the world’s primary reserve currency, playing a vital role in the global economy. However, few people realize the complex processes behind the production of…

In the Asian market, the euro/yen crossed to the 163.20 area before turning negative for the second consecutive day, and further deviated from the more than two-week high hit on…

USD/CHF continues to move lower, trading around 0.8640 during Monday’s Asian session. The U.S. dollar (USD) continued to weaken after dovish comments from Federal Reserve (FED) officials, raising bets that…

EUR/USD was trading close to its highest level so far this year near 1.1040 during early European trade on Monday. Amid rising speculation that the Federal Reserve (Fed) will cut…

Asian markets started the week mixed after major U.S. stock indexes posted their best week since October, boosting appetite in global risk markets. A lower-than-expected U.S. consumer price index (CPI),…

USD/CAD halted two days of gains and was trading around 1.3720 during the Asian session on Friday. The Canadian dollar (CAD) was supported by improving risk sentiment as a stronger-than-expected…

Pound Sterling (GBP) outperformed other major currencies outside Asia Pacific during Friday’s London session. The British pound rose sharply after the Office for National Statistics (ONS) reported that retail sales…

GBP/USD attracted some bargain hunting during Thursday’s Asian session and reversed some of the losses seen the day before as it pulled back from near its monthly peak following the…

In early European trading on Thursday, the euro weakened against the pound to around 0.8565. UK GDP growth data was in line with consensus, boosting GBP/EUR exchange rates. Attention will…