News

The Australian dollar (AUD) continued its upward momentum on Friday, recovering from a three-month low of 0.6508 hit on Thursday. U.S. economic data was mixed, putting downward pressure on the…

European markets got off to a weak start to the month as investors weighed messages from the Federal Reserve and Bank of England that a rate cut appeared to be…

The USD/CAD currency pair remained on the defensive below the 1.3400 mark during early Asian trading on Friday. The pair ended its four-week winning streak as the US Dollar (USD)…

In early Asian trading on Friday, NZD/USD rose slightly below 0.6150. A weaker U.S. dollar and lower bond yields provided some support to the pair. Investors await fresh impetus from…

GBP/USD is back above the 1.2700 mark during early Asian trade on Friday. The Bank of England (BOE) decided to hold interest rates steady at 5.25% at its January meeting…

AUD/USD opened the Asian session slightly higher, having rebounded from a year-to-date (YTD) low of 0.6508 on Thursday amid mixed US economic data. At press time, AUD/USD was trading at…

The Japanese yen (JPY) closed higher for a second straight day on Thursday, returning to a more than two-week high hit a day earlier. Concerns that deepening conflicts in the…

USD/CHF moved higher towards 0.8620 during the Asian session on Thursday. Although USD/CHF fell on Wednesday on disappointing U.S. jobs data, the pair recovered after Federal Reserve (FED) Chairman Jerome…

NZD/USD attracted some buyers during Thursday’s Asian session and now appears to have halted the previous day’s losses from the 0.6175 area or two-week high. Spot prices are currently trading…

In early Asian trading on Thursday, GBP/USD was still limited to the trading range of 1.26-1.28. The Bank of England will announce its interest rate decision tonight, and the market…