News

USD/CHF found temporary support around 0.8900 in Asian session on Wednesday. The outlook for USD/CHF seems fragile as the dollar’s rebound seems to be stalled as more investors speculate that…

The Australian dollar appreciated as the Governor of the Reserve Bank of Australia, Michele Bullock, said that if the CPI does not return to the target range, interest rates will…

The Japanese Yen (JPY) edged lower on Wednesday as investors remained cautious ahead of key US data due later in the day, including the US ADP employment change and ISM…

EUR/USD struggled to hold above 1.0850 during Monday’s European session. The pair came under pressure as the revised HCOB Manufacturing Purchasing Managers’ Index (PMI) showed factory data slightly down to…

The Indian rupee recovered on Monday amid a weaker U.S. dollar. The currency closed its worst week in more than two months on Friday, weighed down by month-end dollar demand…

USD/CAD fell modestly to around 1.3625 in early European trading on Monday. The weak dollar supported the decline in USD/CAD after the release of the US personal consumption expenditures (PCE)…

The Mexican peso weakened on news that Claudia Sheinbaum won Mexico’s presidential election. Analysts say Sheinbaum is likely to be more “disciplined” than her predecessor but continue her generous welfare…

EUR/JPY fell for the third consecutive day during early European trading on Friday, trading around 169.78. The pair remained under selling pressure following weak German retail sales data. Investors will…

During the European session on Friday, the EUR/USD exchange rate was trading in a narrow range above the 1.0800 integer support level. The preliminary Eurozone Harmonized Consumer Price Index (HICP)…

NZD/USD broke a three-day losing streak and traded around 0.6130 in European trading on Friday. The New Zealand dollar (NZD) could face challenges as the 10-year Treasury yield fell below…