News

The Bank of Japan is considering raising its core consumer price index (CPI) target for fiscal 2023/24 to around 3% from the 2.5% forecast in July, Kyodo News reported on…

EUR/USD retreats towards the 1.0520 area on USD buying. The U.S. Dollar Index (DXY) reverses recent weakness to test 106.30. EUR/USD fell to the 1.0530 area after rising for three…

Sterling faced a sell-off as tensions between Israel and Hamas dampened market sentiment. Manufacturing and construction activity in the UK is at a fragile stage as mortgage rates rise. Bank…

EUR/USD broke its winning streak that began on Wednesday and came under pressure near 1.0530 during the Asian session on Monday. Risk aversion due to the Israeli-Palestinian military conflict has…

Here’s what you need to know on Monday, October 9: Investors sought safety at the start of the week as geopolitical tensions escalated after Israel officially declared war on the…

During the Asian session on Monday, USD/CHF almost recovered its intraday losses and was trading around 0.9100. The pair is under downward pressure due to the Israeli-Palestinian military conflict. In…

On Monday, the U.S. dollar index recovered some of last week’s corrective losses and finally gained some long interest. At the same time, U.S. Treasury yields have also risen strongly…

Israel’s central bank announced on Monday a plan to sell up to $30 billion in foreign currency to support markets after Hamas launched a military attack over the weekend. Up…

During the Asian session on Monday, gold prices continued to rise, trading around $1,850 an ounce. Gold prices found upside support from risk aversion, which could be attributed to the…

EUR/USD opened the first day of the week with a mild bearish gap and capped three-day gains near 1.0600, or above the one-week high hit last Friday. Spot prices have…