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The yen remained on the defensive against the dollar for the second consecutive day in Asia on Thursday, hovering near a one-week low, but there was a lack of follow-up…

In early Asian trading on Thursday, GBP/USD strengthened below the mid-1.2600 level. The focus will turn to the UK and the UK S&P Global Purchasing Managers Index (PMI). GBP/USD is…

Fed minutes fail to boost AUD/USD AUD/USD was generally depressed throughout the trading session ahead of the release of the Fed minutes. Minutes of the meeting showed that Fed officials…

In early Asian trading on Thursday, NZD/USD fluctuated below the 0.6200 mark. The minutes of the January Federal Reserve meeting showed that policymakers need to have greater confidence that inflation…

The Australian dollar strengthened against the yen after the Reserve Bank of Australia released meeting minutes, with AUD/JPY rising for the sixth consecutive day. In Asia on Wednesday, the Australian…

In the Asian market on Wednesday, the yen continued its consolidation trend, with the yen still limited to a one-week range against the US dollar. The recent break below the…

AUD/USD and NZD/USD led the gains, helped by a weaker US dollar and lower Treasury yields. The Australian dollar climbed to 0.6553 (0.6530) and the New Zealand dollar climbed from…

USD/CAD rose above the 1.3500 mark in early Asian trade on Wednesday. Canadian inflation data was weaker than expected, weighing on the Canadian dollar (CAD) and becoming a “tailwind” for…

The dollar fell on Tuesday, extending losses after the long holiday weekend on speculation that the Federal Reserve will further delay the timing of cutting interest rates. The CME FedWatch…

In early Asian trading on Wednesday, GBP/USD rose above the 1.2600 mark. Upbeat comments from Bank of England Governor Andrew Bailey boosted the pound. GBP/USD is trading around 1.2625, unchanged…