News

During Friday’s trading session, the British pound (GBP) fell further against the U.S. dollar (USD) to 1.2740 as the latter remained firm. The U.S. dollar index (DXY), which tracks the…

EUR/USD fell to 1.0740 on Wednesday, close to this month’s low. This downtrend is mainly driven by political instability in France following a strong performance by the far-right parties. French…

The GBP/JPY cross traded in positive territory for the third consecutive day around 200.10 during early European trading on Tuesday. The cross fell a few pips on mixed UK employment…

AUD/USD edged lower on Tuesday as the dollar remained strong thanks to a strong U.S. non-farm payrolls report for May. This reduced the odds of a rate cut by the…

GBP/USD retreated after facing selling pressure around 1.2740 in London on Monday. The pair fell as weak UK employment data for the three months to April and expectations that the…

EUR/USD fell to a more than one-month low as the EU parliamentary election results led to early elections in France. The recent ECB rate cuts also weakened the euro’s yield…

USD/CAD gained for the third consecutive session, trading around 1.3760 in the European session on Tuesday. The U.S. dollar (USD) remained strong as investors took a cautious stance ahead of…

Here’s what you need to know for Friday, June 7: The U.S. dollar (USD) struggled to hold firm against its rivals on the final trading day of the week, with…

The Indian rupee (INR) traded sideways on Friday despite a modest recovery in the US dollar (USD). Reserve Bank of India (RBI) Governor Shaktikanta Das announced the second bi-monthly monetary…

The Japanese yen (JPY) fell on Friday, likely influenced by the decline in Japan’s foreign exchange reserves in May, as reported by the Ministry of Finance. Foreign exchange reserves fell…