News

EUR/USD continued to move lower below the key support level of 1.0800 during the European session on Thursday. The major currency pair came under heavy pressure as the US dollar…

The EUR/USD pair pulled back sharply on Wednesday, falling back towards the 1.0800 mark following a weakening of broad risk appetite. The EUR/USD pair is firmly stuck at technical resistance…

Wall Street closed lower on Wednesday, with sentiment remaining subdued. On Tuesday, Minneapolis Fed President Neel Kashkari shocked investors with hawkish comments that a rate hike was not out of…

Gold prices ended a three-day winning streak on Wednesday amid a modest rebound in the U.S. dollar. In addition, hawkish speeches by several Fed officials and stronger-than-expected U.S. economic data…

NZD/USD retreated to 0.6140 levels in early trading on Wednesday as NZD traders waited for a reason to act. A light economic calendar aside from the latest budget released by…

GBP/USD fell modestly to around 1.2760 in Asian trading on Wednesday. The dollar and US yields recovered slightly as market expectations for a September rate cut by the US Federal…

EUR/USD rose to a daily high near 1.0890 on Tuesday, before market flows pushed EUR/USD back to a range near 1.0860. Key US data is coming up, with GDP and…

USD/CHF is moving lower despite positive signals from the US economy, especially the housing market, and consumer confidence data. For Switzerland, there are no economic data releases at the start…

AUD/NZD is currently trading slightly higher as market participants digest recent data from Australia and look forward to the ANZ Business Survey data from New Zealand. Australia’s retail sales came…

GBP/JPY rose to a fresh 34-year high above 200.60 on Tuesday as the yen pair continued to strengthen following suspected “yen intervention” by the Bank of Japan (BoJ) and the…