News

In early Asian trading on Tuesday, GBP/USD consolidated its gains around 1.2560 after hovering between the key 200-day moving average and the three-week high of 1.2550-1.2560. The U.S. Dollar Index…

According to Reuters, Klaas Knot, a member of the European Central Bank (ECB) Governing Council and President of Dutch Bank (DNB), said late on Monday that the euro zone inflation…

After the yen started the week on a negative note against the US dollar, falling above multi-decade lows above 160.00, market speculation that Japan’s Ministry of Foreign Affairs intervened to…

EUR/USD fluctuated lower on Monday, hovering around 1.0720, after remaining in a narrow range but at the upper edge of the range, awaiting the release of the U.S. Federal Reserve…

At Monday’s Euro50 meeting, European Central Bank (ECB) Vice President Luis de Guindos emphasized the ECB’s progress on inflation but stopped short of making any changes to the pace of…

Rising inflation, strong economic activity and employment data have pushed market expectations for the first rate cut to December. We still believe there is an opportunity for a rate cut…

EUR/JPY fell to 166.65 during Monday’s Asian session. The cross hit an intraday low of 166.36 after retracing from 171.60 (highest level since 2008). There is speculation that the Bank…

The Japanese yen (JPY) has steadily rebounded from the lowest levels since October 1986 hit during Monday’s Asian trading session and has rebounded about 500 points from below the psychological…

AUD/USD extended a winning streak that began on April 22 on Monday, trading around a three-week high of 0.6560. Rising hawkish sentiment from the Reserve Bank of Australia (RBA) and…

The Japanese yen (JPY) remains under heavy selling pressure on the first day of the new week, pushing USD/JPY above the psychological 160.00 mark for the first time since October…