The US Dollar (USD) had another bad day on Wednesday, suffering several losses – EUR/USD even briefly traded above 1.14. However, this was not really…
AUD/JPY edges higher as the Japanese Yen retreats following weaker-than-expected export figures from Japan for March. Japan’s exports rose 3.9% year-over-year, missing the 4.5% forecast…
The US Dollar Index remained strong as Retail Sales climbed by 1.4% in March, indicating robust consumer spending. The Greenback faces continued pressure as investor…
The Australian Dollar stagnated as Employment Change came in at 32.2K, against the consensus forecast of 40K. Australia’s Unemployment Rate rose to 4.1% in March,…
NZD/USD posts modest gains to around 0.5935 in Thursday’s early Asian session. New Zealand CPI inflation rose to 2.5% YoY in Q1 as import…
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
EUR/GBP strengthens to around 0.8565 in Wednesday’s early European session. UK CPI inflation declined to 2.6% YoY in March vs. 2.7% expected. The ECB is…
EUR/USD is supported by an improvement in global risk sentiment. The Euro could face headwinds as markets anticipate a 25 basis point rate cut by…
AUD/JPY attracts fresh sellers and retreats further from over a one-week high set on Tuesday. Trade uncertainties continue to weigh on investors’ sentiment and underpin…
GBP/USD reached a fresh six-month high at 1.3256 on Wednesday. Markets have largely priced in a 90% probability of a rate cut in May, according…