Currency

USD/CAD continues its winning streak, trading higher for the third consecutive session on Monday, trading higher near 1.3600 during the Asian session on Monday. The U.S. dollar (USD) strengthened on…

EUR/USD struggled to continue last Friday’s good momentum of rebounding about 50 points from below 1.0800 and encountered new supply in Asia on Monday. EUR/USD is currently trading around the…

The EUR/USD pair dipped below the 1.0800 level on Friday following the release of robust US Nonfarm Payrolls (NFP) data, which surpassed expectations. The data revealed that the US economy…

The dollar demonstrated strength on Friday, although it remained on track for a weekly loss following robust nonfarm payrolls data that exceeded expectations, potentially delaying anticipated interest rate cuts from…

During the European trading session on Friday, EUR/JPY recovered its intraday losses and gradually moved higher to around 164.10. However, EUR/JPY faces challenges as the safe-haven Japanese yen (JPY) gains…

EUR/USD fell back to lows of 1.0800 on Friday following a bearish rejection at the key 100-day simple moving average (SMA) of 1.0874. A range of risks appear to be…

EUR/USD continued the downward trend that started on Thursday, approaching 1.0830 during Friday’s Asian trading session. The U.S. dollar (USD) remains supported by cautious market sentiment, which may be affected…

The Indian rupee (INR) recovery weakened on Friday as demand for US dollars persisted, which is likely to come from importers. Meanwhile, rising geopolitical tensions in the Middle East and…

GBP/USD is mildly bearish around 1.2640. Amid cautious market sentiment, the dollar rose to 104.20 with modest gains, providing some support for GBP/USD. Investors will pay close attention to Friday’s…

In Wednesday’s London session, the Pound Sterling (GBP) faced hurdles in extending its recovery beyond 1.2580 against the US Dollar (USD). Market participants exercised caution ahead of the release of…