News

The Pound to US Dollar (GBP/USD) exchange rate experienced a decline during Thursday’s European afternoon, driven by newly released US GDP data showcasing an unexpected expansion in the fourth quarter…

Possibly due to the ECB interest rate decision, EUR/USD remained near 1.0850 in Asia on Friday after falling the previous day. In addition, better-than-expected U.S. GDP data helped the dollar…

The Indian rupee (INR) moved higher on Friday amid modest losses in the US dollar. Indian Finance Minister Nirmala Sitharaman will announce India’s mid-term budget for the fiscal year 2024-25…

In theory, improving U.S. economic performance could be good for the dollar. Still, the overall impact of improving U.S. GDP on the market, at least in terms of USD/JPY strength,…

In early Asian trading on Friday, the USD/CAD currency pair was in negative territory for the second consecutive trading day. The core PCE price index for December, the Fed’s preferred…

GBP/USD is trading above the psychological 1.2700 mark in early Asian trade on Friday. Better US GDP boosted GBP/USD. Markets are likely to turn cautious ahead of Friday night’s release…

Bearish flows weighed on EUR/USD further after the European Central Bank (ECB) kept interest rates steady and US fourth-quarter gross domestic product (GDP) grew faster than expected. The European Central…

NZD/USD has attracted some bulls for the third day in a row on Thursday and now appears to have broken off the previous day’s pullback from around 0.6100, or a…

GBP/USD is trending lower on Thursday after pulling back from a fresh two-week high of 1.2774. GBP/USD fell to around 1.2710 in Asia on Thursday. Sterling initially found support after…

The Indian rupee (INR) fell on Thursday amid renewed demand for the US dollar. India’s economy is expected to grow 7.3% this fiscal year, beating even the most optimistic expectations…