News

EUR/USD traded in a volatile range on Tuesday as investors waited for reasons to move. Wednesday is a key date in the second half of this trading week. Speeches by…

GBP/JPY remains in a tight range below the 199.00 mark as Sterling (GBP) traders await key UK data to choose direction. Japanese data remains light this week, leaving GBP traders…

During early European trading on Tuesday, the EUR/USD rose to around 1.0860, as investors will focus on the Federal Reserve’s interest rate meeting, with no key U.S. data to be…

AUD/USD continued its decline on Tuesday, likely driven by risk aversion. However, the currency pair rose slightly in Asia as the Westpac Consumer Confidence Index fell 0.3% month-on-month in May,…

West Texas Intermediate (WTI) oil prices extended losses during Tuesday’s Asian session to around $78.90 a barrel, following recent developments in the Middle East. However, the death of Iranian President…

AUD/USD is trading higher following the release of Westpac’s consumer confidence index on Tuesday. The Westpac Consumer Confidence Index recorded a monthly rate of -0.3% in May, compared with -2.4%…

In early Asian trading on Tuesday, GBP/USD continued to strengthen to around 1.2710. Investors awaited new catalysts, with several Federal Reserve (Fed) speakers set to speak later in the day.…

EUR/USD retreated from 1.0880 on Monday as comments from Federal Reserve officials dampened otherwise calm market flows. Broader markets are eagerly anticipating signs of a rate cut from the Federal…

AUD/USD fell 0.37% on Monday as rising US Treasury yields supported the Aussie. Upbeat market sentiment failed to lift riskier currency the Australian dollar, which fell below the 0.6700 mark.…

EUR/GBP fell further on Monday, falling below 0.8550, with EUR/GBP trading lower as the European Central Bank (ECB) gets closer to a first interest rate cut in June or July.…