News

In a tumultuous year for the Syrian economy, the Syrian pound has experienced an unprecedented decline, reaching a staggering 113.5% against the US dollar on an annual basis in 2023.…

In a bid to stabilize a weakening yuan, China’s central bank, the People’s Bank of China (PBOC), has adopted a strategy involving a deliberately robust reference exchange rate. However, this…

In Asia on Friday, USD/CHF attempted to rebound from a five-month low of 0.8557, trading around 0.8570. The dollar is under downward pressure due to weak U.S. economic data released…

During the Asian session on Friday, EUR/USD hovered below the psychological resistance of 1.1000 after retreating from a three-week high of 1.1012. EUR/USD has been underpinned by a less dovish…

USD/CAD is hovering around 1.3280 in Asia on Friday, close to the four-month low of 1.3275 set in the previous session. USD/CAD fell sharply on U.S. dollar weakness, which may…

In early Asian trading on Friday, the NZD/USD currency pair still encountered resistance below the 0.6300 psychological mark. However, NZD/USD looks poised for further gains as the Federal Reserve maintains…

In early trading in Asia on Friday, the euro/dollar rose slightly to its highest level in four months. A weaker dollar and a hawkish stance from the European Central Bank…

During the Asian session on Thursday, USD/CHF fell to around 0.8620. USD/CHF retreated as the U.S. dollar (USD) declined despite rising U.S. Treasury yields. As of press time, the yields…

The Indian rupee (INR) was on the weak side on Thursday. The Reserve Bank of India’s (RBI) monthly bulletin highlighted the potential impact on economic growth if headline retail inflation…

The Japanese yen exchange rate rose against the US dollar for the second consecutive day on Thursday, with the US dollar against the Japanese yen rebounding to around the 143.00…