Currency

USD/CAD consolidated gains above 1.3650 during Thursday’s Asian trading session. The pair’s gains were supported by stronger-than-expected US inflation in March, which pushed USD/CAD to yearly highs of 105.30. Investors…

GBP/USD remains under selling pressure near 1.2540 after bouncing off the 2024 lows of 1.2520. GBP/USD fell on the back of a stronger US dollar following an unexpected rise in…

In early Asian trading on Thursday, the EUR/USD currency pair remained on the defensive near 1.0740. U.S. inflation data unexpectedly rose in March, pushing the U.S. dollar to an annual…

GBP/USD fell more than 1%, breaking below key support. Overall U.S. inflation continues to rise, running counter to the Fed’s prospects of cutting interest rates. The technical outlook points to…

EUR/USD fell to 1.0739, a sharp drop of 1.1%, and was at 1.0740 at the time of writing. The decline came after U.S. inflation data, which fueled hawkish bets on…

In early Asian trading on Thursday, USD/JPY fell from around 153.24, the highest level since July 1990, and then weakened around 153.00. Improved U.S. consumer price index (CPI) data for…

On Wednesday, the EUR/USD currency pair remained relatively unchanged, trading in the 1.0850s, as traders adopted a cautious stance awaiting the release of crucial macroeconomic data from the United States.…

The Pound Sterling (GBP) exhibited a sense of uncertainty during Wednesday’s London session as traders braced themselves for the release of the United States Consumer Price Index (CPI) data for…

During the early European session on Wednesday, the EUR/USD pair maintained mild losses around 1.0855. Investors are awaiting the release of the US March Consumer Price Index (CPI) report and…

USD/CAD appears to remain tepid amid strength in the US dollar (USD) and crude oil prices. During Wednesday’s Asian session, the pair moved lower to around 1.3570. The U.S. dollar…