News

EUR/USD showed a positive trend for the second consecutive day on Friday, but there was a lack of follow-up, and the Asian market remained limited to the previous day’s larger…

The earthquake in Japan caused the market to pay great attention to the USD/JPY, which experienced a sharp depreciation after the opening of the Asian market yesterday. Market sentiment suggests…

China’s Caixin Services Purchasing Managers’ Index (PMI) for December was better than expected, and improved risk sentiment triggered a brief rebound in AUD/USD. AUD/USD continued to fall back on Thursday,…

The New Zealand Dollar (NZD) faced a decline against the Pound (GBP) midweek, succumbing to widespread risk aversion that impacted risk-on currencies like itself and the Australian Dollar (AUD). Concurrently,…

The Indian rupee continued to weaken on Thursday, while the US dollar strengthened across the board. Santanu Sengupta, chief India economist at Goldman Sachs Group Inc., said the positive outlook…

During the fourth Asian session, USD/CAD broke its five-day winning streak and fell to around 1.3340. The Canadian dollar found upside support on higher crude oil prices. WTI oil prices…

AUD/USD faces challenges as it struggles to halt its losing streak on Thursday. The pair is under downward pressure due to risk aversion and overall bearishness in commodity markets. Weak…

The yen lost momentum after rising in Asia on Thursday, with the yen holding near two-week lows against the dollar. Data released on Thursday showed that Japanese factory activity shrank…

In the Asian market on Thursday, the GBP/USD currency pair failed to extend the opportunity of the previous day’s slight rebound from around the 1.2600 mark or the low of…

In early Asian trading on Thursday, the New Zealand dollar/US dollar continued its decline and fell below the mid-0.6200 level. The downside for NZD/USD is supported by a stronger US…