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In early trading in Asia on Thursday, GBP/USD broke through the 1.2700 mark and is currently trading around 1.2735. A weak US dollar and a positive UK spring budget boosted…

In early trading in Asia on Thursday, the New Zealand dollar/US dollar rose moderately and was trading below the mid-range of 0.6100. The US dollar (USD) weakened to multi-week lows…

AUD/USD rose to a two-week high near 0.6580 after Federal Reserve Chairman Powell testified on Wednesday, kicking off the US dollar (USD). Federal Reserve Chairman Jerome Powell testified before the…

EUR/USD continued its consolidation trend for the second consecutive day on Wednesday, with the entire Asian market still fluctuating within a narrow range around 1.0800. EUR/USD edged higher on Tuesday…

The Indian rupee weakened on Wednesday as traders awaited fresh catalysts later in the week. Poor Indian services purchasing managers’ index (PMI) data for February put some selling pressure on…

The Australian dollar (AUD) continued its third straight session of losses on Wednesday, facing downward pressure amid weakness in the stock market. Australia’s S&P/ASX 200 index fell for a third…

In early trading in Asia on Wednesday, USD/CAD rose to around 1.3600. The Bank of Canada (BOC) will announce an interest rate decision later in the day and is expected…

In early Asian trading on Wednesday, GBP/USD was below the 1.2700 mark. GBP/USD fell, supported by renewed strength in the US dollar (USD). Later on Wednesday, the UK’s S&P Global…

In early Asian trading on Wednesday, the New Zealand dollar/US dollar rose slightly, falling below the psychological mark of 0.6100. NZD/USD has been provided some support by falling US dollar…

EUR/USD struggled to capitalize on the strong gains seen over the past two days, settling into a tight range during the Asian session on Tuesday. Spot prices are currently trading…