EURUSD rose to near 1.0440 as the US dollar declined in Thursday’s European session, with the DXY Dollar Index, which tracks the greenback’s value against six major currencies, falling to near 106.90. The dollar
Investors observed heightened volatility in some currencies on Wednesday following key data releases and central bank decisions. In the second half of the day, housing starts and building permits data for January
The GBPUSD currency pair broke its five-day winning streak, trading around 1.2600 during Tuesday’s Asian session, as traders are awaiting UK employment data later in the day. The Claimant Count Change for
Silver surged over 2.5% to near $33.30 in Friday’s North American markets, the highest level seen in more than three months. The white metal (XAGUSD) soared even though risks of a global
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later
The Pound Sterling remains bid for the third consecutive day, bolstered by positive market sentiment, edging up 0.34% as the GBPUSD trades at 1.2519, above the 50-day Simple Moving Average (SMA) at 1.2501.
After weakening against major rivals on improving risk mood and disappointing US data on Tuesday, the US dollar struggles to hold its ground early Wednesday, while investors continue to scrutinise comments from central
The US Dollar gathers strength on the first trading day of February as markets adopt a cautious stance in reaction to President Donald Trump’s tariff announcements. The EURUSD pair continues its downward
The Pound Sterling extended its losses against the greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries. Risk aversion extended for the second
The EURUSD major currency pair tumbled to near 1.0420 in Tuesday’s North American session as the US dollar strengthens amid a global sell-off in technology, power and data centre stocks, which has increased
