Currency

The dollar faced broad weakness on Thursday following economic data indicating further softening in the U.S. labor market, while the pound recovered from earlier lows after the Bank of England…

USD/CAD traded higher during Friday’s Asian trading session, trading higher near 1.3690. The pair was supported by an upward correction in the US Dollar (USD), which could be attributed to…

GBP/JPY is steady, hovering above 194.50, as broad-based weakness in the yen continues following the Bank of Japan’s (BoJ) “intervention rhetoric”. The Bank of England kept interest rates unchanged as…

In early Asian trading on Friday, USD/JPY strengthened to around 155.50. USD/JPY is boosted by renewed demand for the U.S. dollar. However, verbal intervention and hawkish comments from Bank of…

The U.S. dollar fell across the board and the euro/dollar rose on Thursday, finding room for upside this week, after a rise in U.S. jobless claims sparked renewed expectations of…

In early Asian trading on Friday, GBP/USD rose slightly to around 1.2525. GBP/USD rebounded from lows of 1.2445 following a dovish stance from the Bank of England (BOE). The focus…

EUR/GBP remained volatile on Thursday as the two currencies’ central banks raced to reiterate to markets that progress is being made in the fight against inflation and that a rate…

During early trading in the European market on Thursday, EUR/GBP expanded its upward trend near 0.8605. The cross traded higher for a third day in a row ahead of the…

In Asia on Thursday, GBP/USD ended lower for the third consecutive trading day, trading around 1.2490. The Bank of England (BOE) will announce its interest rate decision on Thursday, and…

In the Asian market on Thursday, the EUR/USD was trading near 1.0750, and may expand its losses for the third consecutive trading day. The dollar gained on expectations that the…