Currency

The AUD/JPY crossed strongly during the Asian session on Tuesday, but struggled to continue this trend and attracted some selling around the mid-95.00 level. At the same time, the Australian…

EUR/JPY ended lower for the sixth day in a row, trading around 156.90 during early European trade on Monday. However, EUR/JPY pared intraday losses following the release of Eurozone Producer…

AUD/JPY briefly tested above 95.00 during the Asian session before turning lower and seeing a sharp sell-off during the European session on Monday. Risk aversion increased across financial markets, leading…

EUR/USD slipped to key support near 1.0900 during the European session on Monday. The pair came under pressure as market sentiment turned extremely risk-off as tensions in the Middle East…

USD/CAD is trading slightly higher near 1.3880 during early European trade on Monday. Falling crude oil prices have put some selling pressure on the commodity-linked Canadian dollar (CAD). However, safe…

The U.S. dollar (USD) has long been the dominant currency in global trade. Its influence spans multiple aspects of international commerce, finance, and economics. Understanding the percentage of world trade…

The value of the U.S. dollar (USD) can vary significantly across different countries due to factors such as cost of living, local economic conditions, and exchange rates. For travelers, expatriates,…

USD/CAD traded lower during Friday’s Asian session, trading lower near 1.3860. However, USD/CAD held near the eight-month high of 1.3889 recorded on Thursday. The commodity-linked Canadian dollar (CAD) maintained modest…

The pound extended losses against the dollar after the Bank of England announced a 25 basis point interest rate cut at its August rate meeting on Thursday. GBP/USD was trading…

USD/JPY was trading within Thursday’s trading range late in the Asian session on Friday, below the psychological 150.00 level. The yen remains weak as the Federal Reserve’s dovish outlook on…