Currency

The dollar index fell for the second consecutive day in the Asian session on Thursday, trading around 104.95. The dollar index fluctuated lower despite the cautious stance of Federal Reserve…

The AUD/JPY cross rose for the third consecutive day in Asian trading on Thursday, rising to its highest level since May 1991, around 109.35. Although speculation that the Bank of…

USD/CHF fell modestly around 0.8995, snapping a three-day winning streak in early European trading Thursday. Heightened bets on a rate cut from the Federal Reserve (FED) dragged the pair lower.…

EUR/GBP remained on the defensive around 0.8425 in early European trading on Thursday. The pair fell modestly following the release of monthly UK GDP data. The UK economy grew more…

GBP/USD rebounded to around 1.2870 in London on Thursday and is close to its year-to-date high. The exchange rate was affected by multiple positive factors, such as speculation that the…

GBP/USD remained tepid for the second day in Asia on Wednesday, trading around 1.2780. The decline in GBP/USD can be attributed to the strengthening of the US dollar, which gained…

The Indian rupee (INR) weakened on Wednesday amid a modest rebound in the US dollar. Sustained demand for US dollars from local importers is likely to continue to limit gains…

USD/CHF pared gains around 0.8970 in early European trading on Wednesday. The pair fell as the dollar weakened following the release of the semi-annual monetary policy report by Federal Reserve…

USD/CAD maintained its gains and traded around 1.3640 in early European trading on Wednesday. Falling oil prices weakened the commodity currency, the Canadian dollar, as Canada is the largest oil…

EUR/USD fell on Monday as the French election results were confusing and the policy direction for the euro was unclear. The victory of the minority coalition government in France excluded…