Exchange rate

USD/JPY maintained a defensive stance around 146.10-15 during Monday’s European session after a sluggish start to a key week including Japanese economic growth data and the U.S. ISM Services PMI.…

After briefly rising to a high of 1.2712 last Friday, GBP/USD fell to a low of 1.2578 and finally closed at 1.2590 (-0.65%). As expected, the sharp decline led to…

Heading into Monday’s European session, USD/CHF bulls took a break ahead of the key Swiss second-quarter GDP release. The pair posted its first loss in three days and was within…

In the Asian market on Monday, the AUD/USD rebounded from the previous session’s decline and moved higher to around 0.6460. AUD/USD is under downward pressure following mixed US employment data…

EUR/USD hovered around 1.0780 in thin trading on Monday with US markets closed for a holiday. European Central Bank (ECB) President Pierre Wunsch said it was too early to talk…

Gold prices resumed their upward move and remain near one-month tops. Gold/dollar was supported by expectations that the Fed would end its rate hike cycle. A positive risk tone could…

The AUD/JPY cross snapped a two-day losing streak during Monday’s Asian session. The pair is currently trading around 94.51, up 0.17% on the day. The Reserve Bank of Australia (RBA)…

USD/JPY dipped around 146.10, struggling to extend gains. The MACD indicator is below its signal line, indicating near-term weakness in USD/JPY. The 147.00 psychological level is at last week’s high…

NZD/USD resumed its gains on Monday and was supported by a weaker greenback. Optimism in the market weighed on the safe-haven dollar, favoring risk assets NZD/USD. Bets that the Federal…

EUR/GBP trades around 0.8560 as investors remain wary of ECB policy. Investors awaited a speech by European Central Bank President Christine Lagarde for further clues on the economic outlook. European…