News

In the Asian market on Friday, USD/CAD strengthened for the fifth consecutive day and was around 1.3730. USD/CAD has been provided with some support by a stronger U.S. dollar following…

EUR/USD fell on Thursday, approaching the 1.0800 mark, after an unexpected rise in U.S. services purchasing managers’ index (PMI) data once again raised concerns that the Federal Reserve (FED) will…

In early Asian trading on Friday, GBP/USD lost rebound momentum and was around 1.2695. GBP/USD is trading lower following a pullback from recent highs near 1.2760 amid renewed demand for…

AUD/USD fell for a third straight day on Thursday, down 0.20%, as investors digested the latest S&P Global PMI report from the United States, which suggested the economy is reaccelerating.…

NZD/USD fell to the bottom of a consolidation pattern on Thursday. NZD/USD was boosted by renewed concerns about fewer rate cuts from the Federal Reserve. New Zealand’s consumer confidence index…

EUR/USD stopped a three-day losing streak and was hovering around 1.0820 during the Asian session on Thursday. EUR/USD’s appreciation can be attributed to the latter’s corrective moves. Investors are likely…

The yen held steady despite the Bank of Japan’s (BoJ) announcement on Thursday that it would keep the size of Japanese government bonds (JGB) unchanged from its previous operation. The…

The Australian dollar (AUD) snapped a three-day losing streak on Thursday, likely driven by improving risk appetite. However, the Australian dollar came under pressure after the Melbourne Institute released consumer…

In Asia on Thursday, NZD/USD strengthened to around 0.6108. The New Zealand dollar rose after the Reserve Bank of New Zealand announced it was keeping interest rates steady and said…

Gold prices (XAU/USD) extended their losses on Wednesday. Gold’s further upside may be limited as the Fed minutes were interpreted as more hawkish than previously released minutes. The Federal Reserve’s…