Currency

In Asia on Wednesday, EUR/USD expanded its losses for the second consecutive trading day, trading around 1.0750. The U.S. dollar (USD) rose on expectations that the Federal Reserve (Fed) will…

In early Asian trading on Wednesday, USD/JPY strengthened to around 154.75 for the third consecutive day. Talk of “higher interest rates for longer” in the U.S. continues to support the…

In early Asian trading on Wednesday, GBP/USD fell back to around 1.2500. The U.S. dollar index edged back up to 105.40, pushing GBP/USD lower. Fed officials Philip Jefferson, Susan Collins…

EUR/USD trading has been congested at the start of the week. Before Friday, data moving the market was limited to secondary economic data. The arrival of U.S. consumer confidence data…

Eurostat reported on Tuesday that retail sales in the Euro area rose by 0.8% on a monthly basis in March. This growth follows a decline of 0.3% recorded in February…

In the Asian market on Tuesday, the EUR/USD was trading near 1.0760, interrupting the four-day rising trend. However, Eurozone Purchasing Managers Index (PMI) data released on Monday was stronger than…

In early Asian trading on Tuesday, USD/JPY strengthened to around 154.10. A slight rebound in the greenback from three-week lows to 105.1 provided support for USD/JPY’s recovery. Minneapolis Fed President…

In Asia on Tuesday, GBP/USD rose for the fifth consecutive day and was around 1.2560. A weak US dollar has provided some support for GBP/USD. The Bank of England’s (BOE)…

EUR/USD fluctuated around 1.0770, kicking off a new trading week. EUR/USD rose after better-than-expected Purchasing Managers Index (PMI) data released in early trading on Monday, and then fluctuated above 1.0750…

USD/THB traded lower on Monday as the greenback continued to weaken following Friday’s weak non-farm payrolls data. Several Federal Reserve (Fed) officials attended the press conference but did not provide…