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…
Tag: Interest Rates
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…
US Dollar Index (DXY) Climbs Towards 99.50 as Fed Rate Cut Expectations Wane
The US Dollar Index (DXY), which tracks the US Dollar’s (USD) performance against a basket of six major currencies, is…
Silver (XAG/USD) Surges Towards $51.00 Amid Post-Shutdown Uncertainty
Silver prices (XAG/USD) are trading in positive territory, nearing $51.00 during Monday’s Asian trading hours. The white metal is gaining…
Gold (XAU/USD) Rebounds Above $4,100, But Hawkish Fed Stance Could Limit Upside
Gold prices (XAU/USD) are seeing a recovery, trading near $4,105 and breaking a two-day losing streak during Friday’s early European…
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/JPY Sets Fresh Record High, Trades Just Below 180.00 as Eurozone GDP Looms
The EUR/JPY cross is currently on its sixth consecutive day of gains – and seventh positive move in the last…