Currency

During the Asian session on Tuesday, the euro rose to around 1.0940 against the dollar. The pair edged higher as the U.S. dollar consolidated. The U.S. Producer Price Index (PPI)…

GBP/USD attracted some bargain hunting during the Asian session on Tuesday and climbed to new intraday highs around 1.2775-1.2780 in the past hour. However, spot prices remained confined to the…

AUD/JPY attracted some buying for the second day in a row on Tuesday and is still trading around the one-and-a-half-week top of 97.85 hit the previous day. Spot prices are…

JPY/USD extended losses on Tuesday. Rising geopolitical tensions in the Middle East and safe-haven capital inflows may limit the yen’s downside. The Japanese Diet is scheduled to hold a special…

AUD/USD extended gains following the release of key Australian economic data on Tuesday. The pair is likely to rise due to hawkish sentiment from the Reserve Bank of Australia (RBA).…

The US dollar (USD) is not only the official currency of the United States but also serves as the world’s primary reserve currency. Its widespread use and acceptance across international…

During Monday’s Asian trading session, EUR/JPY strengthened around 160.60. A weaker Japanese yen (JPY) provides some support for this cross. Trading volumes are likely to be light for the remainder…

USD/CAD continues to consolidate on the first trading day of the week, affected by multiple conflicting factors. Spot prices are currently trading with a mild positive bias around 1.3735, but…

The United States dollar (USD) is one of the most widely recognized and utilized currencies globally. Over the decades, the USD has undergone significant transformations, particularly in its role as…

GBP/USD was trading around 1.2770 during early European trade, rising for a second day on Friday. GBP/USD’s gains may be due to growing expectations that the US Federal Reserve will…