Currency

In early European trading on Friday, the euro was steady near 160.75 against the yen. The recent German inflation report provided some support for the euro (EUR). However, safe-haven flows…

The Japanese yen (JPY) regained recent losses against the US dollar (USD) on Friday. Traders are closely assessing Japan’s monetary policy outlook as Bank of Japan officials have signaled they…

EUR/GBP fell modestly around 0.8560 in early European trading on Friday. Traders are awaiting UK monthly employment data due next Tuesday. The Harmonized Index of Consumer Prices (HICP) in Germany…

USD/CAD is trading lower for a fourth day in a row, trading around 1.3735-1.3740 in early European trade on Thursday. Bearish traders are currently awaiting some follow-through selling below the…

GBP/USD is once again showing some resilience below the 100-day simple moving average (SMA) and attracting dip buying near the more than one-month low hit earlier this week. However, GBP/USD…

EUR/JPY came under renewed selling pressure on Thursday and stayed away from the previous day’s weekly high of around 161.45. However, spot prices rebounded nearly 100 points from the session…

EUR/GBP rose to three-month highs and was trading around 0.8610 during the Asian session on Thursday. EUR/GBP found support on rising expectations for a 25 basis point rate cut by…

During the Asian session on Thursday, the AUD/JPY cross traded near the 94.70 area, attracting some bargain-hunting buying and interrupting the slight pullback since the one-week high hit the previous…

USD/CAD maintained its modest intraday losses during early European trading on Wednesday and is currently trading around the 1.3775-1.3770 area. However, spot prices managed to hold above the two-week low…

USD/CHF broke a six-day losing streak and was trading around 0.8590 during the Asian session on Wednesday. The gains were attributed to a rise in U.S. Treasury yields, which led…