The AUD/USD pair edges higher following the release of the latest Australian consumer inflation figures, though it lacks follow-through buying and remains confined in a familiar range held over the past two weeks or so…
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The Canadian Dollar (CAD) climbed sharply on Friday, adding half a percent against the US Dollar (USD) after January labor market data showed the unemployment rate dropping to 6.5%, its lowest reading since September 2024…
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Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback…
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Wall Street futures also fall after US prosecutors launch criminal investigation into chair Jay Powell…
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Morning Bid: Day off for dollar debasement trade
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The Australian Dollar (AUD) declines against the US Dollar (USD) on Wednesday after registering more than 0.25% gains in the previous session. The AUD/USD pair remains subdued after the release of medium-impact Wage Price Index data for the third quarter…
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The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock…
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EUR/USD edges lower on Friday, late in the North American session, as the Greenback recovers after bouncing off three-year lows reached in the aftermath of the Federal Reserve’s (Fed) interest rate cut…
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US dollar and other safe haven currencies rise as Israel strikes Iran
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The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, looks set to close off this week around 107.30, which is the level at the time of writing on Friday. The DXY tries to keep a hold on that level…
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The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is starting to wobble at the end of Thursday’s European trading session. The earlier pop came after comments from US President Donald Trump…
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The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is at vital support in an otherwise downbeat trading session on Wednesday ahead of the US Purchase Managers Index (PMI) releases from both S&P…
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