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The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3767 at the time of writing, up 0.19%. The Canadian dollar has hit a rough patch and is on a seven-day...
The British pound is showing little movement on Friday in what has been a very quiet week for the currency. In the European session, GBP/USD is trading at 1.3071, up 0.10% on the day and its lowest...
The US Dollar Index (DXY) is in an intriguing position after mixed price action and ahead of PPI data. The future of the dollar may be influenced by external factors like oil prices and Middle East...
USD/CAD completes 8 green days MACD and RSI indicate strong positive momentum USD/CAD skyrocketed to another fresh two-month high of 1.3774 during yesterday's session, adding more than 2.5%...
US inflation is showing signs of stalling as it approaches the Fed’s 2% target, while Canadian price pressures are already well within the BOC’s 1-3% target range. This makes a more compelling case...
The US dollar is developing an offensive, adding almost daily against a basket of major currencies. This nearly 3% bounce from the lower end of the trading range of the last 2.5 years and the 100...
The yen is calm on Thursday after sharp losses a day earlier. In the European session, USD/JPY is trading at 148.88, down 0.28%. Fed Minutes: Next Cut Will Likely be 25 bps The Federal Reserve...
The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant...
The Australian dollar continues to decline and is down for a fifth straight day. In the North American session, AUD/USD is trading at 0.6725, down 0.31%. The Aussie is down 2.7% in October and is...
The yen has edged lower on Thursday in what has been a quiet week. In the European session, USD/JPY is trading at 148.72, up 0.36%. Will Fed Minutes Provide Clues for November Meeting? The Federal...
The big drop in Chinese markets we have seen over the past two sessions has kept the pressure on commodity dollars, although European majors EUR/USD and GBP/USD have been largely unaffected, with the...
The New Zealand dollar is sharply lower on Wednesday. NZD/USD is trading at 0.6079 in the European session, down 0.96% on the day. RBNZ Slashes Rates to 4.75% The Reserve Bank of New Zealand lowered...
The NZD/USD pair has dropped to a seven-week low, touching 0.6091, as the sell-off that started on 1 October continues to intensify. The New Zealand dollar's weakness is largely attributed to the...
NZD/USD continues the bearish correction Technical oscillators are mixed NZD/USD plunged significantly after the RBNZ’s decision to cut interest rates by 50 bps. The pair remained closed to the...
The RBNZ cut New Zealand’s cash rate by 50bps to 4.75% in October Markets were priced for 44bps of easing, with 89 expected over the remainder of 2024 Markets now deem a follow-up 50 in November as...