Currency

GBP/USD rebounded strongly overnight from around the 1.2800 mark, a near three-week low, but GBP/USD struggled to profit from the move, attracting some selling during the Asian session on Tuesday.…

The USD Index is likely to hold above 104 with a target of 105, while medium-term resistance for EURUSD lies at 1.0870/80, below which a test of 1.08 could soon…

USD/CAD retreated from eight-month highs of 1.3849 recorded in the previous session, trading around 1.3820 during Monday’s Asian session. Rising oil prices are supporting the Canadian dollar (CAD) and putting…

In early European trading on Monday, EUR/JPY remained on the defensive around 166.55. The Japanese yen (JPY) extended gains as traders increased bets on the prospect of the Bank of…

The USD/CHF trend was consolidating on the bearish side, maintaining a moderate decline near 0.8830 in early European trading on Monday. The U.S. dollar (USD) faces challenges as U.S. (US)…

Gold prices (XAU/USD) extended gains for a second straight session, trading around $2,400 an ounce during European trading on Monday. U.S. personal consumption expenditures (PCE) price index data released last…

During the European session on Monday, the EURUSD fluctuated in a narrow range around 1.0850. Ahead of the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) for July and the…

The Federal Reserve (the Fed) plays a crucial role in the economic stability and monetary policy of the United States. Its decisions significantly impact various aspects of the economy, particularly…

USD/CAD broke a winning streak that began on July 17 and was trading around 1.3810 during the Asian session on Friday. The pair retreated from an eight-month high of 1.3849…

EUR/GBP rebounded to 0.8440 in early European trading on Friday. Sterling (GBP) fell as bets rose for a rate cut by the Bank of England (BOE) next week. Analysts at…