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GBP/JPY is steady, hovering above 194.50, as broad-based weakness in the yen continues following the Bank of Japan’s (BoJ) “intervention rhetoric”. The Bank of England kept interest rates unchanged as…

San Francisco Fed President Mary C. Daly highlighted the uncertainties facing the Fed during a fireside chat at George Mason University in Virginia. Main summary The past three months have…

In early Asian trading on Friday, USD/JPY strengthened to around 155.50. USD/JPY is boosted by renewed demand for the U.S. dollar. However, verbal intervention and hawkish comments from Bank of…

The U.S. dollar fell across the board and the euro/dollar rose on Thursday, finding room for upside this week, after a rise in U.S. jobless claims sparked renewed expectations of…

In early Asian trading on Friday, GBP/USD rose slightly to around 1.2525. GBP/USD rebounded from lows of 1.2445 following a dovish stance from the Bank of England (BOE). The focus…

EUR/GBP remained volatile on Thursday as the two currencies’ central banks raced to reiterate to markets that progress is being made in the fight against inflation and that a rate…

The Canadian dollar (CAD) found some buying on Thursday as rising investor risk appetite supported the market away from safe-haven currencies such as the U.S. dollar (USD). The U.S. dollar…

The Bank of England (BOE) is expected to keep policy rates unchanged at its sixth consecutive meeting on Thursday as deflationary pressures persist in the UK and investors reprice an…

During early trading in the European market on Thursday, EUR/GBP expanded its upward trend near 0.8605. The cross traded higher for a third day in a row ahead of the…

AUD/USD remained subdued on Thursday as the Reserve Bank of Australia’s hawkish stance weakened, especially after last week’s stronger-than-expected inflation data. However, the Reserve Bank of Australia acknowledged that recent…