EUR/USD Falls to 1.0580 as Bulls Disregard Risk-off Sentiment Post-ECB Minutes
The EUR/USD currency pair eased off a two-week high in Friday’s Asian session as sellers defended the 1.0580 mark. Before the Asian open, the EUR/USD…
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CAD/JPY Surpasses 99.00 Amid Japan’s 2.5% Inflation
The CAD/JPY pair is dramatically higher after Japan’s inflation significantly increased than expected, supporting the greenback. As Japan’s annual inflation statistic approaches 128.00, the bank…
AUD/USD Holds Near 0.7000 Despite Risk-Off Sentiment
The Australian dollar and the US dollar traded at approximately 0.7000 for most of the European trading session’s first half. The AUD/USD currency pair appreciated…
GBP/USD Levels Below 1.2500 As UK Inflation Hits 9%
In the Asian session, the GBP/USD currency pair is trading in a narrow range of 1.2484-1.2496 as investors await the UK Consumer Price Index (CPI)…
NZD/USD Recovers, Still Below a Downward Trend Line
Since yesterday, when it struck the 0.6225 zone, which also served as support on May 12th and 13th, the NZD/USD currency pair has been recovering….
GBP/JPY Loses Ground As British CPI, Unemployment In Focus
The British pound (GBP) has been losing ground versus the Japanese Yen (JPY) in recent weeks. On the graph, the pair is always forming a…
AUD/USD Recovered to Rise Above 0.69 Amid Global Market Volatility
During the first half of the European session, the AUD/USD pair traded with mild intraday losses, hovering around 0.6900. This action put the pair in…
EUR/USD Attempts To Pullback to Near 1.0400 Before Producer Price Index Release
After hitting a low of 1.0355 on Thursday, the EUR/USD pair is slowly rising. Le currency pair has continued its losses after breaking a somewhat…