Currency

The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar (USD) against six other major currencies, gave back recent gains ahead of the release of the U.S.…

During early European trading on Friday, GBP/JPY fell to around 197.75. The Japanese yen (JPY) edged higher as traders likely unwound carry trades ahead of next week’s Bank of Japan…

During London trading on Friday, the pound hit a two-week low of 1.2845 against the dollar. GBP/USD is facing huge selling pressure due to uncertainty ahead of the release of…

AUD/USD fell for the ninth consecutive session on Thursday, mainly due to lower crude oil, iron ore and copper prices. As Australia is a net exporter of energy and metals,…

GBP/JPY remained under selling pressure around 196.65 in early European trading on Thursday. The onset of risk aversion led to more safe-haven flows in the broader markets, including the Japanese…

USD/JPY strengthened to around 155.85 in early Asian trading on Wednesday, interrupting a two-day losing streak. USD/JPY upside may be limited as more investors speculate that the Bank of Japan…

The EUR/JPY cross rose to the 169.20 area in early Asian trading on Wednesday, attracting new sellers and moving lower for the third consecutive day. EUR/JPY maintained its downward trajectory,…

AUD/USD continued its eighth straight day of declines after mixed data from Australia’s Judo Bank Purchasing Managers’ Index (PMI) released on Wednesday. In addition, subdued economic activity in China also…

On Wednesday, the euro/dollar pair continued its recent consolidation decline from around 1.0900, a four-month high hit last week, and continued to face some selling pressure for the second consecutive…

The Australian dollar fell for the eighth straight session against the U.S. dollar after mixed readings from Australia’s Judo Bank Purchasing Managers’ Index (PMI) for July released on Wednesday. Weak…