The USDJPY currency pair lost ground for the second consecutive day, trading around 141.20 during the Asian hours on Wednesday, as the Japanese Yen (JPY) remains solid following remarks from Bank of
The Federal Reserve is teetering on the brink of a critical decision—one that could either save the US economy from a looming recession or plunge it deeper into peril, warned the chief
The EURUSD currency pair eased to 1.1130 Thursday, from a fresh year-to-date high of 1.1175 posted on Wednesday, falling slightly as weak German flash HCOB Composite PMI for August and soft Q2 Eurozone Negotiated Wage Rates
Major currency pairs continue to trade in familiar ranges midweek as investors’ search for the next catalyst continues. Later in the day, Fed Chairman Jerome Powell will deliver the Semi-Annual Monetary Policy
Higher-for-longer interest rates are likely to remain central banks’ main strategy for the rest of this year, the CEO of a leading financial advisory and fintech has warned. Equities fell and Asian
West Texas Intermediate (WTI) rebounded on Friday, recovering from a fresh 12-week low set early in the day at $76.03. The benchmark US crude remains down on the week, in the red
EURUSD was stuck in a tight range near 1.0850 in Tuesday’s European trading. The major currency pair is expected to continue its sideways performance as the US Dollar stabilises ahead of the
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 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 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
