Currency

In early European trading on Thursday, the euro against the U.S. dollar retreated from a seven-month high and consolidated its gains around 1.1010. Eurozone second-quarter (Q2) gross domestic product (GDP)…

In Asia on Wednesday, USD/CHF remained tepid for the second consecutive day, trading around 0.8650. USD/CHF faces challenges as the greenback faces headwinds from the U.S. Federal Reserve’s (FED) dovish…

During the Asian session on Wednesday, USD/JPY attracted some bargain hunting and rebounded above the 147.00 mark for the latest time, interrupting the slight downward trend from the previous day.…

During early European trading on Wednesday, the euro-sterling cross traded higher at around 0.8570. The pound lost traction against the euro following the release of UK consumer price index (CPI)…

In early European trading on Wednesday, the euro was flat near 1.0990 against the dollar. Traders tended to wait and see ahead of top economic data from the euro zone…

During the Asian session on Wednesday, the pound fell slightly against the dollar, staying away from the two-week high of 1.2870-1.2875 hit the day before. However, downside for GBP/USD remained…

In Asia on Wednesday, the US dollar/Canadian dollar rebounded from nearly four-week lows and recovered some of the losses from the previous day. USD/CAD managed to hold above the 1.3700…

In Asia on Wednesday, the AUD/NZD broke its three-day losing streak and traded around 1.0990. The Reserve Bank of New Zealand unexpectedly decided to cut the official cash rate (OCR)…

During early European trading on Tuesday, the euro-sterling cross fell to around 0.8540. The pair traded lower following recent mixed UK labor market data. Attention will turn to Germany’s August…

GBP/JPY is higher for a second day in a row, trading around 188.70 during the Asian session on Tuesday. The pound was supported by hawkish comments from Bank of England…