USD/CAD Rises Amid Speculation of Federal Reserve, Bank of Canada Rate Decisions
The USD/CAD pair showed mild gains of around 1.3710 in early Asian trading on Thursday, breaking a four-day losing streak. This modest recovery in the…
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AUD/USD Trims Gains as USD Attempts Recovery; Improved Risk Appetite Supports Aussie
AUD/USD trims intraday gains as the US Dollar seeks to recover losses, but benefits from improved risk appetite. Positive economic data from Australia, including higher-than-expected…
AUD/USD Slides to 0.6300 as China’s Manufacturing PMI Contracts, Dollar Gains Ahead of US Data and Fed
AUD/USD is sliding toward 0.6300 as China’s Caixin Manufacturing PMI unexpectedly dipped to 49.5 in October, prompting slowdown fears. Despite contradicting mood and ahead of…
USD/JPY Hits Two-Week High, Extends Winning Streak to Fifth Day
In the early European session on Wednesday, the USD/JPY currency pair reached a two-week high, continuing a five-day upward trend. To place new bets, bulls…
Tuesday’s EUR/USD Price Rise Continues
Early in the North American session, the EUR/USD pair struggled for direction, traveling up and down by small amounts. But the currency pair stayed around…
After Tuesday’s BoJ Hawkish Turn, USD/JPY Plunges
The USD/JPY currency pair hit its four-month low of 132.00 in the European session. The pair has gained a few pips in the last hour,…
Canadian Dollar Strengthens After Bank of Canada Raises Interest Rates by 50 Basis Points
The US dollar weakened against its Canadian counterpart in the middle of the trading week amid mixed financial markets. But the greenback lost some of…
After Brief Recovery Around 1.0400, EUR/USD Comes Under Pressure
Sellers knocked the EUR/USD currency pair below 1.0400 on Thursday now that they have the upper hand. As investors look at European Central Bank (ECB)…