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During early European trading on Monday, USD/CAD continued its decline near 1.3605. The prospect of interest rate cuts by the Federal Reserve (Fed) has led to a weakening of the…

NZD/USD was trading around 0.6130 during Monday’s Asian trading session as investors looked forward to the Reserve Bank of New Zealand’s (RBNZ) policy meeting on Wednesday. The Reserve Bank of…

GBP/USD extended gains for the second consecutive day, trading around 1.2710 during the Asian session on Monday. A weaker US dollar (USD) provided support for the GBP/USD pair. April data…

In early Asian trading on Monday, USD/JPY strengthened to around 155.80 for the third consecutive trading day. Japan’s first quarter (Q1) gross domestic product (GDP) data was weak, supporting USD/JPY’s…

On Monday, the People’s Bank of China (PBOC) kept its benchmark loan interest rates unchanged for all maturities. The People’s Bank of China kept its one-year and five-year lending benchmark…

Over the past two years, several U.S. states have taken action to try to block the implementation of a U.S. central bank digital currency (CBDC). Indiana is the first state…

In early Asian trading on Monday, EUR/USD strengthened to around 1.0875. EUR/USD gained on the back of a weaker US dollar. Fed officials Bostic, Barr, Waller, Jefferson and Mester will…

During early Asian trading on Monday, AUD/USD was trading around 0.6695, with a mildly positive trend. A weaker US dollar (USD) has provided some support to the pair. Fed officials…

USD/JPY maintained its gains, trading at 155.66 after hitting a daily low of 155.25. The technical outlook points to further gains for the currency, with resistance at 156.05, 157.00 and…

AUD/USD falls as U.S. bond yields rise, traders speculate the Fed may ease policy Trader sentiment remained upbeat as speculation grew that the Federal Reserve would join the ranks of…