Currency

The euro (EUR) faced challenges against the strong dollar (USD) on Tuesday, with EUR/USD declining by 0.2% to 1.0702, despite positive data indicating higher-than-expected German retail sales in March. German…

The Indian rupee (INR) continued its decline on Tuesday on dollar demand from importers at the end of the month. The Indian rupee fell on Monday, posting its worst intraday…

USD/CAD rose slightly to around 1.3665 in early Asian trading on Tuesday. A slight rebound in the U.S. dollar has provided some support for USD/CAD. Meanwhile, lower oil prices weighed…

GBP/JPY fell nearly 3.5% from the day’s 34-year high of 200.60, rebounded to its highest level since August 2008 and then quickly fell back, falling nearly 700 points on Monday…

In early Asian trading on Tuesday, GBP/USD consolidated its gains around 1.2560 after hovering between the key 200-day moving average and the three-week high of 1.2550-1.2560. The U.S. Dollar Index…

EUR/USD fluctuated lower on Monday, hovering around 1.0720, after remaining in a narrow range but at the upper edge of the range, awaiting the release of the U.S. Federal Reserve…

In Monday’s London session, the Pound Sterling (GBP) surged to a fresh two-week high against the US Dollar (USD) near 1.2550, driven by positive market sentiment and a weakening US…

European Central Bank (ECB) policymaker Pierre Wunsch’s remarks on Monday regarding potential rate cuts have influenced market sentiment, despite suggesting a cautious approach to monetary policy adjustments. Wunsch indicated that…

The U.S. dollar retreated on Monday ahead of the Federal Reserve meeting, while the Japanese yen soared amid speculation of intervention by Japanese authorities to halt its steep decline. The…

EUR/JPY fell to 166.65 during Monday’s Asian session. The cross hit an intraday low of 166.36 after retracing from 171.60 (highest level since 2008). There is speculation that the Bank…