News

EUR/USD hovered around 1.1130 in European time on Wednesday, its highest level so far this year. EUR/USD is expected to retake the 2024 high of 1.1140 as the U.S. dollar…

NZD/USD rebounded from near one-month highs on Monday. Weak U.S. housing data on Friday added to concerns about the strength of the U.S. economy, especially after recent weak inflation and…

USD/CAD halted two days of gains and was trading around 1.3720 during the Asian session on Friday. The Canadian dollar (CAD) was supported by improving risk sentiment as a stronger-than-expected…

In Asia on Wednesday, the AUD/NZD broke its three-day losing streak and traded around 1.0990. The Reserve Bank of New Zealand unexpectedly decided to cut the official cash rate (OCR)…

GBP/USD attracted some bargain hunting during the Asian session on Tuesday and climbed to new intraday highs around 1.2775-1.2780 in the past hour. However, spot prices remained confined to the…

AUD/USD extended gains following the release of key Australian economic data on Tuesday. The pair is likely to rise due to hawkish sentiment from the Reserve Bank of Australia (RBA).…

During Monday’s Asian trading session, EUR/JPY strengthened around 160.60. A weaker Japanese yen (JPY) provides some support for this cross. Trading volumes are likely to be light for the remainder…

NZD/USD extended this week’s strong rebound from the 0.5850 area, the lowest level since early November 2023, with gains for the fourth consecutive session on Friday. Spot prices maintained their…

EUR/GBP fell modestly around 0.8560 in early European trading on Friday. Traders are awaiting UK monthly employment data due next Tuesday. The Harmonized Index of Consumer Prices (HICP) in Germany…

During the Asian session on Thursday, the AUD/JPY cross traded near the 94.70 area, attracting some bargain-hunting buying and interrupting the slight pullback since the one-week high hit the previous…