Currency

EUR/USD is back above 1.0800 as it attempts to recover from yesterday’s modest losses in an environment where investors remain extremely cautious. Although the macroeconomic data released yesterday were negative…

GBP/JPY faced heavy selling pressure for a third consecutive day, falling below 191.00 on Thursday to hit its lowest level since April 23. However, spot prices managed to rebound a…

AUD/USD attracted fresh bears after rising as high as 0.6550 during early European trade on Thursday before falling to fresh intraday lows. Spot prices are currently trading around 0.6515 and…

During the European session on Thursday, the euro fell to around 1.0790 against the dollar. Key U.S. economic data due later in the North American session include the ISM Manufacturing…

USD/MXN has erased losses from the previous session and is trading around 18.70 during early European trade on Thursday. A pullback in U.S. Treasury yields provided support for the U.S.…

During early European trading on Thursday, the EUR/GBP cross traded higher near 0.8450. The pair’s gains were supported by better-than-expected euro zone inflation data, which raised doubts about the prospect…

USD/CAD attracted some bargain hunting on Thursday, moving away from the previous day’s one-week low near 1.3785. Spot prices are currently trading around the 1.3815-1.3820 range, seemingly gaining support from…

The U.S. dollar (USD) fell during early European trading on Wednesday, with USD/CHF falling to around 0.8820. Safe-haven flows and expectations of a rate cut by the Federal Reserve (FED)…

GBP/JPY pared intraday losses after the Bank of Japan (BoJ) announced its interest rate decision on Wednesday. The GBP/JPY cross in Asia was trading around 196.20, with the Japanese yen…

USD/CAD extended losses after retreating from an eight-month high of 1.3865 on Monday, trading around 1.3840 during the Asian session on Wednesday. A recovery in crude oil prices has supported…