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USD/CAD consolidated gains above 1.3650 during Thursday’s Asian trading session. The pair’s gains were supported by stronger-than-expected US inflation in March, which pushed USD/CAD to yearly highs of 105.30. Investors…

Megan Greene, a member of the Bank of England’s Monetary Policy Committee (MPC), said in an interview with the Financial Times (FT) on Thursday that “the British service sector inflation…

On Wednesday, the yen fell to its weakest level against the dollar since July 1990, following stronger-than-expected U.S. consumer inflation data. The data pushed back market expectations for the timing…

In Asia on Thursday, NZD/USD rose to around 0.5982. China’s consumer price index (CPI) in March was lower than expected, while the producer price index (PPI) was in line with…

During the Asian session on Thursday, the Australian dollar/US dollar fluctuated within a narrow range, recovering from the previous day’s drop to more than a week low following rising U.S.…

GBP/USD remains under selling pressure near 1.2540 after bouncing off the 2024 lows of 1.2520. GBP/USD fell on the back of a stronger US dollar following an unexpected rise in…

In early Asian trading on Thursday, the EUR/USD currency pair remained on the defensive near 1.0740. U.S. inflation data unexpectedly rose in March, pushing the U.S. dollar to an annual…

GBP/USD fell more than 1%, breaking below key support. Overall U.S. inflation continues to rise, running counter to the Fed’s prospects of cutting interest rates. The technical outlook points to…

EUR/USD fell to 1.0739, a sharp drop of 1.1%, and was at 1.0740 at the time of writing. The decline came after U.S. inflation data, which fueled hawkish bets on…

In early Asian trading on Thursday, USD/JPY fell from around 153.24, the highest level since July 1990, and then weakened around 153.00. Improved U.S. consumer price index (CPI) data for…