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The U.S. Dollar is a key variable in all aspects of the marketplace. The strength of the dollar factors into the price we pay for food, gas, and everyday groceries.It also affects the equity and bond...
Silver price uptrend continued during the week despite registering losses of around 2.40%.
The USD/JPY dropped for the third straight day and accumulated losses of more than 3.40% in the week after a suspected intervention by the Bank of Japan (BoJ) on Monday.
The EUR/JPY pair declined to 164.72 on Friday, reflecting subtle bears' influence with daily losses.
The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a softer than expected US Nonfarm Payrolls report.
EUR/GBP price is rising up within a multi-month range after bouncing off support at the lows.
The EUR/JPY cross loses momentum around 164.40 on Friday during the early European trading hours.
GBP/USD extends its gains for the third successive session on Friday, trading around 1.2550 during the Asian session.
The NZD/USD rose to 0.5961, displaying a rally of 0.56% and jumping above the key short-term 20-day Simple Moving Average (SMA) on Thursday which now indicates a potential bullish bias.
The EUR/JPY pair trades at 164.65, tallying sharp losses on Thursday.
The Pound Sterling tumbled in early trading during the North American session, dropping below the 1.2500 figure amid renewed US Dollar strength.
Yesterday, the Fed left interest rates unchanged at 5.25-5.50% as expected but delivered some dovish surprises compared to the hawkish expectations. In fact, although the recognized the recent...
Yesterday, the Fed left interest rates unchanged at 5.25-5.50% as expected but delivered some dovish surprises compared to the hawkish expectations. In fact, although the recognized the recent...
USD/CAD drifts lower for the second straight day and is pressured by a combination of factors.
GBP/USD extends its gains for the second successive session on Thursday, trading around 1.2530 during the Asian session.