News

On Tuesday, the EUR/GBP cross broke out to a monthly high of 0.8690. Technical indicators on the daily chart are firmer, suggesting that further upside is likely. The Relative Strength…

EUR/USD experienced a modest decline on Tuesday, hovering around 1.0550, while the U.S. dollar index (DXY) saw an upward shift to the 106.30-106.40 range, recovering from previous losses due to…

The GBP/JPY pair has encountered a retreat from its recent gains, touching as low as 182.10 during the European session on Tuesday. A contributing factor to this decline in the…

The USD/JPY cross continued to trade sideways for the second day in a row during Tuesday’s Asian trading session, and remains range bound around the 149.00 level. Uncertainty over the…

During Tuesday’s Asian session, the GBP/JPY cross was unable to continue its strong intraday trend, bouncing more than 150 pips from the previous day’s one-week low of 181.15, and was…

The USD/CAD was slightly higher in early Asian trading on Tuesday. Market participants were awaiting Canadian inflation data due later in the day. Canada’s Consumer Price Index (CPI) is expected…

During Tuesday’s Asian session, the NZD/USD came under heavy selling pressure, as bears now expect the pair to extend its losses and fall below the 0.5900 level. New Zealand released…

The Reserve Bank of Australia released the minutes of its October monetary policy meeting on Tuesday, highlighting that the case for keeping interest rates on hold had strengthened. Other information…

The EUR/USD took a breather after rising to around 1.0559 in early trading on Monday. ECB President Christine Lagarde said that the European Central Bank is paying attention to inflation…

The AUD/USD took a breather on Tuesday after a brief rally to the 0.6338 level. The New York Empire State manufacturing index fell in October, but was better than expected.…