Currency

GBP/USD continued to move sideways in Asian trading on Tuesday and remains confined to the range it has been in for the past two weeks. GBP/USD is currently trading around…

The Indian rupee was in negative territory during the Asian session on Tuesday. Rising US bond yields and further gains in crude oil prices weighed on USD/INR. Fed Chairman Powell’s…

The AUD/JPY cross moved lower in Asian trading on Tuesday, retreating from the highest level since 2007 near 107.80-107.85 reached the previous day. AUD/JPY is currently trading around 107.25, but…

The decline in US ISM manufacturing data led to a fall in the US dollar index and a slight strengthening of the euro, but the move was short-lived. The US…

USD/CHF strengthened to its highest level since May 31 near 0.9040 in early European trading on Tuesday. The strengthening dollar and rising US bond yields provided some support for USD/CHF.…

EUR/GBP rose for the fifth consecutive day around 0.8490 during early European trading on Tuesday. The euro (EUR) rose after the first round of French elections showed that the far…

USD/CAD rose to around 1.3745 during early European trading on Tuesday. The pair’s gains were supported by a stronger dollar and rising U.S. Treasury yields. Canada’s June S&P Global Manufacturing…

GBP/JPY halted its rally that started on June 17 and traded around 204.00 in early European trading on Tuesday. The cross hit its highest level since August 2008 on Monday.…

USD/JPY opened on Monday with a subdued performance and consolidated its recent strong gains, reaching its highest level since December 1986 reached last Friday. USD/JPY is currently trading around the…

GBP/USD strengthened to around 1.2655 in early Asian trading on Monday. The dollar fluctuated lower as the annual rate of the US PCE price index in May fell to the…