News

The Australian dollar remained strong on Monday and was on track to hit a new three-month high. AUD/USD is trading higher for a fourth consecutive day in preparation for the…

Sterling (GBP) looks set for another round of gains as market sentiment supports risk-sensitive assets. The GBP/USD pair is poised for further gains as investors hope that the policy divergence…

GBP/USD remains on the defensive during early Asian trade on Wednesday. The major pairs are facing resistance near the 1.2200 mark. Market participants await the high-profile Federal Open Market Committee…

The Indian Rupee edged lower on Wednesday due to increased demand for the US Dollar (USD). Nevertheless, the prolonged narrative of higher US interest rates has driven US Treasury bond…

GBP/USD traded lower during the Asian session on Tuesday, reversing some of the previous day’s strong gains of more than 85 points from levels below 1.2100. GBP/USD is currently trading…

USD/JPY regained 150.00 as Bank of Japan (BOJ) Governor Kazuo Ueda issued dovish guidance on monetary policy. Bank of Japan Governor Kazuo Ueda said the central bank would not hesitate…

USD/CHF was trading above psychological resistance at 0.9000 during early European trading. The pair is aiming to extend its gains as investors remain cautious ahead of the Federal Reserve’s (Fed)…

During early European trading on Monday, the EUR/JPY cross lost traction below the 158.00 mark. Nonetheless, weaker-than-expected euro zone economic data stoked fears of a euro zone recession and created…

USD/MXN continues to fall for the third straight session since Mexican employment data showed a strong labor market and continued strength in the Mexican economy. On Monday in Asia, USD/MXN…

In the Asian market on Monday, the NZD/USD recovered its recent losses and was trading around 0.5820. After the United States released core personal consumption expenditures price index data last…