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In early Asian trading on Friday, GBP/USD remained on the defensive, near 1.2430. GBP/USD’s downside was supported by a stronger greenback as strong U.S. economic data and hawkish comments from…

Bank of Japan Governor Kazuo Ueda spoke at a press conference after attending the Group of 20 (G20) financial leaders meeting in Washington on Thursday. Kazuo Ueda said that if…

AUD/USD fell after Federal Reserve officials sent a hawkish signal that they would not cut interest rates immediately. U.S. economic indicators strengthened, with the Philadelphia Fed manufacturing index hitting its…

In early Asian trading on Friday, EUR/USD continued its decline to around 1.0640 after retracing its one-week high of 1.0690. Hawkish comments from Federal Reserve officials provided some support to…

Speaking at the Greater Fort Lauderdale Alliance in Florida on Thursday, Raphael Bostic, president of the Federal Reserve Bank of Atlanta, noted that U.S. inflation is expected to be below…

The Australian dollar continued to trend higher for the second consecutive day on Thursday. A fall in the U.S. dollar provided support to the AUD/USD pair. However, mixed Australian employment…

In the Asian market on Thursday, USD/JPY expanded its losses for the second consecutive trading day, trading around 154.30. A lower US dollar is weighing on USD/JPY. The yen may…

In early Asian trading on Thursday, GBP/USD remained weak at around 1.2450. Weaker UK inflation data has fueled expectations that the Bank of England will begin cutting interest rates in…

In early Asian trading on Thursday, EUR/USD fluctuated higher to 1.0672. EUR/USD was boosted by renewed selling pressure on the U.S. dollar and maintaining risk appetite. Investors will focus on…

The Pound to US Dollar (GBP/USD) exchange rate is showing resilience today, bolstered by stronger-than-expected UK inflation figures. At the time of writing, the GBP/USD pair is trading around $1.2476,…