Currency

On Wednesday, the EUR/USD pair edged higher, reclaiming the 1.0770s and extending the previous day’s rebound from six-week lows. However, it remains uncertain whether this movement reflects a corrective phase…

On Wednesday, the EUR/GBP cross continued to trade in positive territory for the fourth consecutive day, hovering around 0.8565. This uptrend is attributed to the growing anticipation that the Bank…

During the early European hours, the EUR/JPY pair continued its upward trajectory for the second consecutive session, hovering around 163.30. Despite a slight uptick in the Japanese Yen (JPY) observed…

USD/CAD appears to be heading lower for a second consecutive session on Wednesday in Asia, fluctuating lower to around 1.3560. Strengthening crude oil prices provided support for the Canadian dollar,…

The Indian rupee lost momentum on Wednesday. As India is the world’s second-largest oil importer, a rise in crude oil prices to a near five-month high has put some selling…

On Wednesday, EUR/USD fell modestly to around 1.0765 after rebounding from multi-week lows near 1.0720. The U.S. dollar index is weak, sitting below the 105.00 mark, providing some support for…

GBP/USD is trading around 1.2575, maintaining a mild bearish bias, despite the greenback’s losses on Wednesday. GBP/USD remains weak amid slowing UK inflation and subdued market sentiment. Traders will be…

During Tuesday’s London session, the Pound Sterling (GBP) remained confined within a narrow range near a six-week low around 1.2540 against the US Dollar (GBP/USD). The lackluster performance of the…

During Tuesday’s European trading hours, the EUR/GBP pair managed to pare intraday losses following disappointing housing data from the United Kingdom (UK). However, the cross currency pair remains in negative…

The USD/CAD pair attracted some buyers for the second day in a row on Tuesday and looks set to build on an overnight rebound from the 1.3515 area or above…