Currency

EUR/JPY rose to around 165.75 in Asia on Wednesday. The Bank of Japan announced a 15 basis point interest rate hike at its July meeting on Wednesday, and the yen…

AUD/JPY fell to its lowest level since April 19 following the Bank of Japan’s policy decision on Wednesday, validating a break through the 200-day simple moving average (SMA) during the…

The Australian dollar fell against the U.S. dollar (USD) after mixed consumer price index (CPI) data released on Wednesday provided a potential signal for the future direction of the Reserve…

In early trading in Asia on Wednesday, GBP/USD remained on the defensive, near 1.2840. Markets are likely to be more cautious ahead of Wednesday’s Federal Reserve (Fed) interest rate decision…

EUR/USD traded range-bound during the European session on Tuesday, while the U.S. dollar (USD) moved higher amid uncertainty among market participants ahead of the Federal Reserve’s (Fed) monetary policy announcement…

In early European trading on Tuesday, USD/CHF extended its gains to around 0.8870, thanks to the strength of the U.S. dollar. Markets may turn cautious ahead of Wednesday’s Fed rate…

GBP/USD struggled to capitalize on the good overnight rally from the 1.2800 round figure (or nearly three-week low) and attracted some selling in Asia on Tuesday. Spot prices are currently…

EUR/JPY regained some ground around 167.20 during early European trade on Tuesday. The Japanese yen (JPY) extended losses for a second straight day, providing some support for the cross. On…

EUR/GBP halted two days of losses and was trading around 0.8420 during the Asian session on Tuesday. The euro strengthened ahead of Tuesday’s release of second-quarter gross domestic product (GDP)…

USD/CAD has turned lower after rising to the 1.3865 area during Tuesday’s Asian session and now appears to have snapped a nine-day winning streak to its highest level since November…