The GBPUSD pair extended its upside near 1.2688 during early Asian trading on Thursday, supported by a weaker Greenback after the release of softer US CPI inflation data. Later in the day,
The EURUSD pair refreshed its monthly high near 1.0870 in Wednesday’s early New York session. The major currency pair strengthened as the U.S. Consumer Price Index eased in line with CPI estimates and the
The USDJPY pair dropped sharply to 155.50 in early European trading on Wednesday, as the US Dollar extends its losing spell for the third trading session. The DXY Dollar Index has dropped
GBPUSD is hovering around 1.2560 in Asian trading on Tuesday following the improved risk appetite. The Pound Sterling received support from higher-than-anticipated UK Gross Domestic Product (GDP) figures released on Friday. The
The US and European stock market rallies will continue, despite the US central bank perhaps not cutting rates at all until 2025, according to the CEO of a leading independent financial advisory
The price of gold (XAUUSD) extended its upside near $2,360 on Monday during early Asian trading, as the rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals.
By Naeem Aslam Investors and traders continue to support riskier assets, while the focus among them is very much on earnings and economic data. The fact that the Dow Jones industrial average
The U.S. dollar-yen pair is trading around 155.30 in European markets on Wednesday, marking a third consecutive day of gains, due to the possibility of the Federal Reserve’s prolonging higher interest rates.
The GBPUSD pair continues its winning streak for the fourth consecutive day, trading around 1.2550 in Asian markets on Monday. The Sterling-Dollar appreciation could be attributed to the recalibrated expectations for the
The Euro-dollar currency pair soared to 1.0800 as the USD weakened Friday, with the greenback facing an intense sell-off as the U.S. Bureau of Labor Statistics reported weak labour demand and slowing wage growth in
