News

EUR/USD trading has been congested at the start of the week. Before Friday, data moving the market was limited to secondary economic data. The arrival of U.S. consumer confidence data…

Here’s what investors need to know on Wednesday, May 8: The U.S. dollar index rose slightly, managing to regain the 105.40 area while U.S. bond yields are still falling. MBA’s…

NZD/USD fell on Tuesday, trading at 0.6005. Market action highlights strong bearish momentum after consecutive losses. The overall trend points to increasing selling pressure, with NZD/USD facing strong resistance at…

AUD/NZD has attracted some sellers around 1.0990 during early European trade on Tuesday. The Reserve Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35% at its May…

During the Asian trading session on Tuesday, AUD/JPY was trading around 102.20. The Australian dollar (AUD) faces challenges after the Reserve Bank of Australia decided to hold interest rates steady…

In the Asian market on Tuesday, the EUR/USD was trading near 1.0760, interrupting the four-day rising trend. However, Eurozone Purchasing Managers Index (PMI) data released on Monday was stronger than…

The Australian dollar (AUD) continued its fifth straight session of gains on Tuesday, driven by hawkish sentiment from the Reserve Bank of Australia (RBA). This positive outlook reinforces the strength…

In early Asian trading on Tuesday, USD/JPY strengthened to around 154.10. A slight rebound in the greenback from three-week lows to 105.1 provided support for USD/JPY’s recovery. Minneapolis Fed President…

In Asia on Tuesday, GBP/USD rose for the fifth consecutive day and was around 1.2560. A weak US dollar has provided some support for GBP/USD. The Bank of England’s (BOE)…

AUD/USD is steady at 0.6624; focus is on RBA decision, quiet US data and UK bank holiday. Wall Street closed higher on optimism that the Federal Reserve could cut interest…