News

In early Asian trading on Wednesday, GBP/USD consolidated its gains around 1.2590. GBP/USD holds steady above the key 100-day exponential moving average (EMA), but still faces resistance at the 1.2600…

EUR/USD recovered its losses on Tuesday, rebounding above the 1.0800 mark in late US trading and stabilizing around 1.0820. EUR/USD will usher in intensive economic data on Wednesday, with the…

AUD/USD closed higher on Tuesday, even as higher U.S. inflation spurred hawkish comments from Federal Reserve Chairman Jerome Powell. After the Asian market opened on Wednesday, AUD/USD was trading at…

USD/THB fell sharply on Tuesday, facing a mix of a strong U.S. economy and a cautious stance from the Federal Reserve (Fed). The U.S. Producer Price Index (PPI) showed no…

Cleveland Federal Reserve (Fed) President Loretta Mester said in an interview on Tuesday that she believes the Fed is in a “good position” on interest rates, the Wall Street Journal…

During early European trading on Tuesday, NZD/USD extended its losses near 0.6015. The pair’s downside was mainly supported by a stronger US dollar. Sentiment turned cautious ahead of the U.S.…

Market risk appetite improved during the Asian session on Tuesday, with GBP/USD hovering around 1.2560. Higher-than-expected UK gross domestic product (GDP) data released on Friday provided support for the pound…

Japan’s commitment to allowing the yen (JPY) to move flexibly will allow the Bank of Japan (BoJ) to focus on achieving price stability, the International Monetary Fund (IMF) said on…

EUR/USD rose slightly on Monday, starting to climb from around 1.0770, but the bullish momentum is still limited, and EUR/USD has difficulty breaking through the 1.0800 mark. The final value…

In early Asian trading on Tuesday, GBP/USD consolidated its gains around 1.2560. A weaker US dollar (USD) has provided some support for GBP/USD amid stronger appetite for risk assets. Investors…