News

The NZD/USD continues its losing streak for the fifth day in a row, trading around the 14-day exponential moving average (EMA) at 0.5898 during Friday’s European session, with immediate resistance…

The Mexican Peso (MXN) rallied sharply against the US Dollar (USD) on Wednesday as market sentiment turned positive following the Federal Reserve’s (Fed’s) decision to leave interest rates unchanged, although…

The Indian rupee hit an all-time low against the US dollar on Friday. The local currency depreciated by two paise to an all-time low of Rs 83.31 against the US…

Asian market dynamics: Concerns about deflation in China remain; the Reserve Bank of Australia will release its quarterly statement on Friday; Federal Reserve Chairman Powell will speak again. Overall trend…

During the Asian session on Thursday, the NZD/USD rebounded from a one-week low and moved higher near 0.5930, giving the US dollar some respite. In addition, Chinese economic data were…

The Australian dollar attempted to snap a three-day losing streak amid a weak U.S. dollar, which could be attributed to lower U.S. bond yields. However, AUD/USD came under downward pressure…

The European Central Bank (ECB) should keep interest rates at or near 4.0% next year to reduce inflation, International Monetary Fund (IMF) European director Alfred Kammer said on Wednesday. “The…

GBP/USD was directionless on Wednesday, trading within a tight range below the 1.2300 mark during the Asian session. Meanwhile, GBP/USD holds above the one-week low hit on Tuesday and now…

USD/CAD attracted some buying for the third day in a row on Wednesday, with the Asian session trading near the upper edge of the one-week range at 1.3770-1.3775. Crude oil…

In Asia on Wednesday, the NZD/USD pair was unable to extend its rebound from a one-week low of 0.5910 late overnight, and was still on the defensive. NZD/USD is currently…