Currency

During European trading hours on Thursday, the EUR/USD pair breached the critical 1.0800 threshold, plummeting to a fresh low for March at 1.0774. Despite a modest rebound from this level,…

EUR/GBP continues to fall amid challenges facing the euro following dovish comments from European Central Bank (ECB) policymaker Francois Villeroy. EUR/GBP fell to around 0.8540 during the Asian session on…

In Asia on Friday, USD/CAD hovered around 1.3540, showing signs that it may interrupt its four-day losing streak. However, trading is expected to be light as Friday falls on Good…

Affected by the Fed’s hawkish market sentiment and long-term interest rate hike expectations, the US dollar strengthened and EUR/USD extended its decline for the fourth consecutive day. This shift in…

In early Asian trading on Friday, USD/JPY closed higher at around 151.45 for the second consecutive day. The Bank of Japan’s (BoJ) cautious approach to maintaining loose monetary conditions has…

In early Asian trading on Friday, GBP/USD was consolidating around 1.2622. Friday is Good Friday, so market trading may be light. The U.S. core personal consumption expenditures (PCE) price index…

GBP found support above 1.2580 but was unable to extend gains above 1.2670. Weak UK data and hawkish comments from a Fed spokesman weighed on the pound. The dollar failed…

European stocks reached record highs on Wednesday, while the US dollar maintained its gains and the S&P500 received a late-session boost. The day’s price action suggested a potential end-of-quarter portfolio…

In the early European session on Thursday, EUR/USD faced modest bearish pressure, declining towards the 1.0800 level. While the near-term technical outlook maintains a bearish bias, subdued trading activity is…

In the European session on Thursday, GBP/USD faced bearish pressure, slipping slightly below the 1.2600 level. Key technical support is seen at the 200-day Simple Moving Average (SMA) at 1.2590.…