Japanese Yen Remains Weak; USD/JPY Hovers Near Nine-Month High Due to Stronger USD
The Japanese Yen (JPY) continues to weaken against a generally stronger US Dollar (USD) during Monday’s early European session, remaining…
Category: Currency Trading
Declining Oil Prices Help USD/CAD Hold Steady Around 1.4050
The USD/CAD pair is gaining ground, trading around 1.4030 during Monday’s Asian hours, following slight losses in the previous session.…
Australian Dollar Falls Even as RBA Stance Maintains Cautious Sentiment
The Australian Dollar (AUD) is depreciating against the US Dollar (USD) on Monday, reversing gains from the previous session. The…
USD’s Safe-Haven Appeal Limits NZD/USD Recovery, Keeping It Below Recent Peak at 0.5670
The NZD/USD pair has started the new week quietly, trading within a narrow range of 0.5670-0.5675 during the Asian session.…
GBP/USD Dips Towards 1.3150 as Weak UK Data Fuels BoE Rate Cut Bets
The GBP/USD pair is weakening, trading around 1.3155 during Monday’s early Asian session. The Pound Sterling (GBP) is losing ground…
EUR/USD Approaches 1.1600 Support Amid Diminished Fed Cut Bets
The EUR/USD pair is experiencing its second consecutive session of losses, trading around 1.1610 during Monday’s Asian hours. This depreciation…
EUR/USD Holds Near Three-Week Highs Amidst Risk-Off Sentimen
The EUR/USD pair is holding steady on the daily chart, trading at 1.1630, just shy of its three-week high of…
For Now, Major USD/CNH Support at 7.0885 Appears Safe, Says UOB Group
While further declines for the US Dollar are possible, the significant support level at 7.0885 for USD/CNH is probably safe…