NZD/USD Gains in Asian Session as USD Index Retreats: RBNZ Governor’s Speech Awaited
During the early Asian session on Thursday, the NZD/USD pair shows modest gains as the USD Index (DXY) pulls back from its three-month highs around…
Posts Tagged: USD INDEX
GBP/USD Hovers Around 1.2700 Amid Tight Trading Range and Conflicting Market Signals
GBP/USD exhibits minimal fluctuations within a tight channel slightly above 1.2700 on Monday, supported by a risk-on environment. While the pair rebounded in the previous…
Euro Dips Near 1.0700 as European Stocks Decline, DXY Recovers Ground
The euro has fallen back into negative territory and is trading close to 1.0700 after reaching a high of 1.0770 on Tuesday. Following the huge…
USD/CHF Retreats from 0.8970 as USD Weakens, Investors Cautious on US Holiday, SNB Policy Outlook
Selling pressure on the USD/CHF has been intense since the pair dropped to about 0.8970 during the early London session on Monday. The Swiss franc…
USD/CAD Aims for 1.3280 as Risk Appetite Strengthens; Fed’s Bostic Asserts Restrictive Interest Rates
Meeting in London, the US dollar and Canadian dollar exchange rate is getting close to resistance at 1.3280. The loonie asset overcame the barrier after…
USD/CHF Consolidates within Range Amid Uncertainty Over Fed’s Monetary Outlook
The US dollar/Swiss franc exchange rate has dropped to around 0.8950 in European trading. The DXY’s recent decline has resulted in significant selling of the…
USD/CHF Aims to Break Above 0.9040 on V-Shaped Recovery Optimism and Anticipation of US Retail Sales
The USD/CHF currency pair meets slight resistance near 0.9040 during the Asian trading session. The Swiss franc is appreciating due to the robust DXY recovery….
USD/CAD Continues to Rise for Second Consecutive Day, But Struggles to Surpass 1.3400 Mark
On Wednesday, the USD/CAD pair climbs for a second day but fails to break over 1.3400 at the mid-European session. USD/CAD touching 1.3400 in early…