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The AUD/USD pair is declining, reaching 0.6539 on Wednesday. The Australian dollar is heading back to a three-week low following the release of softer-than-expected consumer price index (CPI)...
The Japanese yen continues to have a quiet week. In the North American session, USD/JPY is trading at 151.36, down 0.03%.BoJ core inflation eases to 2.3%Bank of Japan core inflation fell to 2.3% in...
Swiss Central Bank surprised markets by cutting interest rates last week. Meanwhile, the Fed did not indicate when it may start cutting rates. Amid, these moves by the central banks, the USD/CHF pair...
The USD/JPY pair stabilised around 151.35 by Tuesday, not far from its recent peaks, as the weakness of the Japanese yen has prompted verbal interventions from Japanese authorities. Japan's...
The Canadian dollar has extended its losses on Friday. USD/CAD is trading at 1.3569 in the North American session, up 0.29%.Canada’s Retail Sales Slip in JanuaryCanada’s retail sales fell...
Dollar recovers after Fed selloff, turns to PCE inflationYen falls despite rate increase, testing three-decade lows Quarter-end flows could disturb the waters in a quiet weekDollar stages recovery...
The British pound has extended its losses on Friday. In the European session, GBP/USD is trading at 1.2600, down 0.45%. Earlier, the pound fell as low as 1.2584, its lowest level since March 20.UK...
As of Friday, the GBP/USD pair hovered around 1.2642, following a substantial decline. The Bank of England (BoE) has yet to find reasons to lower the interest rate, indicating intentions to maintain...
The Swiss franc has tumbled on Thursday after the Swiss National Bank lowered interest rates. In the North American session, USD/CHF is trading at 0.8987, up 1.35% on the day. Earlier, the Swiss franc...
Bearish: Yesterday we looked for the bounce up and we got it. Today we are looking to start the journey down. We are currently @ 165.00 after putting in a double top with divergence in...
The British pound is slightly lower on Thursday. In the European session, GBP/USD is trading at 1.2766, down 0.16%.BoE Expected to Hold RatesThe markets will shift focus from the Federal Reserve,...
AUDUSD was in a steady retreat since early MarchBut finds feet and reclaims both SMAs after dovish FOMCMomentum indicators improve drasticallyAUDUSD had been losing ground since the beginning of...
The EUR/USD pair soared to a weekly high of 1.0933 on Thursday following the Federal Reserve System's announcement of three interest rate cuts planned for 2024. These adjustments will reduce borrowing...