News

In a surprising move, the South African rand surged on Wednesday, benefiting from a risk-off sentiment that drove U.S. Treasury yields lower, building on the gains witnessed on the previous…

Mario Centeno, a distinguished member of the European Central Bank (ECB) Governing Council and the Governor of the Bank of Portugal, shared insights on Thursday, reaffirming key aspects of current…

In the face of discouraging data from the UK manufacturing sector in August, GBP/USD managed to maintain its gains, indicating resilience amidst challenging economic conditions. The Office for National Statistics…

The Australian dollar gained momentum on the RBA’s interest rate trajectory. Consumer inflation expectations rose to 4.8% from 4.6% previously. Despite improving U.S. economic data, the dollar remains defensive. The…

USD/CAD continues to move higher on strong US producer price index. U.S. inflation fell at an annual rate in September. Falling crude oil prices weighed on the Canadian dollar. USD/CAD…

In the Asian market on Thursday, USD/JPY fluctuated within a narrow range and is currently just above the 149.00 mark, not far from the one-week high hit the day before.…

On Thursday, Bank of Japan (BoJ) board member Asahi Noguchi said “the biggest focus is whether the momentum of rising wages will be maintained. Increasing the allowable range of bond…

US economic data was stronger than expected and NZD/USD continued its decline. U.S. inflation is expected to fall at an annual rate in September. Although the U.S. producer price index…

EUR/USD in Asia attracted some buying but lacked strong follow-through. The Fed’s continued dovish outlook put dollar bulls on the defensive, boosting EUR/USD. Traders appeared less inclined to place aggressive…

Gold prices (XAU/USD) climbed to a new two-week high during the Asian session on Thursday, looking set to extend their recent strong rebound from seven-month lows in the $1,810 area…