Currency

The EUR/JPY cross faced some selling pressure around 170.25 during early European trading on Monday. The higher probability of a rate hike by the Bank of Japan (BOJ) at its…

The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar (USD) against six other major currencies, fell after two days of gains and was trading around 104.20…

USD/CAD was trading slightly higher/lower during the Asian session on Friday, consolidating its recent recovery from sub-1.3600 levels (the three-month low hit last week). USD/CAD is currently trading around the…

The Australian dollar fell against the U.S. dollar for a fifth straight session on Friday as rising risk aversion triggered a rally in the U.S. dollar. However, higher-than-expected Australian employment…

As rising risk aversion triggered a stronger dollar, the euro expanded its losses against the dollar for the second consecutive day, trading around 1.0890 during the Asian session on Friday.…

On Friday, Japan’s June national consumer price index (CPI) remained stable at 2.8%, in line with the previous value and still at the highest level since February. The yen held…

GBP/USD extended losses from a one-year high around 1.3045 earlier this week, trading lower for a second straight day on Friday. GBP/USD fell to fresh one-week lows in the $1.2935-$1.2930…

GBP/USD extended its corrective decline since hitting a one-year high near the 1.3045 area earlier this week and fell for a second day in a row on Friday. Spot sterling…

EUR/GBP held on to modest gains around 0.8420 during the Asian session following Friday’s UK retail sales data. Data from the Office for National Statistics (ONS) showed that retailers’ merchandise…

The dollar fell on Thursday, but the Indian rupee still attracted some sellers. Since India is the world’s third largest oil consumer, the continued rebound in crude oil prices has…