Sterling traded at 1.3643 against the dollar on Tuesday, reflecting a modest increase of 0.09% during the session, while remaining confined within a range it has maintained for two consecutive days. The pair has remained anchored above 1.3600 and below 1.3675 — the six-month peak reached last week — as market participants anticipate the U.S. … Read more
USD/JPY is currently at 159.078, reflecting an increase of 0.06% from Friday’s closing figure of 158.98. The session has fluctuated between 158.59 and 159.28, commencing at 159.01. The 52-week range spans 145.48 to 164.00, positioning the current spot within 493 pips of the upper limit of this annual band. The pair has returned above 159.00 … Read more
USD/CAD strengthens to approximately 1.3820 during the early European session on Monday. The United States has implemented a 50% tariff on goods imported from Canada. In response, Canadian Prime Minister Carney has pledged a ‘dollar-for-dollar’ retaliation, effective September 8. Iranian officials maintain a resolute stance, asserting that the sanctions will ultimately prove ineffective. During Monday’s … Read more
EUR/USD is currently at 1.1684, reflecting a modest increase of 0.05% from Wednesday’s closing figure of 1.1677. During the European session, the pair reached a new three-month peak at 1.1711. The session low is recorded at 1.1670, while the opening figure was 1.1677. The pair has increased by 2.50% over the trailing month and by … Read more
GBP/USD traded at 1.3557 Wednesday morning, reflecting a 0.2% increase during the session, following the release of July inflation data at 07:00 London time. TradingEconomics recorded 1.3556, reflecting an increase of 0.17%. The pair edged to 1.3552 immediately after the data, held 1.3550 through the European session, and printed 1.3545 in the first reaction — … Read more
The euro traded at $1.15745 against the dollar on Tuesday, reflecting a decline of 0.06% during the session, following a retreat below the 1.1600 threshold during Asian hours. That signifies the third consecutive session in which the pair has approached the figure and failed to close above it. The rejection sits directly atop a genuine … Read more
USD/JPY opened the week almost exactly where it closed. The pair sat at 159.097 as of 13:24 on Monday, having opened at 159.095, a move of two-tenths of a pip across the Asian session. That flat line is the story rather than an absence of one: the pair is catching its breath after one of … Read more
AUD/USD appreciates to approximately 0.7090 during the early hours of Monday’s Asian session. US Retail Sales experienced a decline in momentum during July, decreasing by 0.6% on a month-over-month basis. RBA’s Kent indicated that the rate hikes are producing the desired effects. The AUD/USD pair is experiencing modest gains, hovering around 0.7090 in the early … Read more
The dollar rose to 159.4570 against the yen on Thursday, August 13, up 0.02% from the previous session, after testing 159.53 during the European morning. The pair traded flat near 159.40 through the Asian session and has spent the week grinding back toward the level that triggered a record intervention two weeks ago. Over the … Read more
Cable achieved what the euro was unable to accomplish. GBP/USD continued its weekly ascent, maintaining a position above the 1.3500 mark and approaching the 1.3550 area — levels not seen in several weeks — before settling around 1.3530 amid slight selling pressure on the dollar. The pair remained constrained during the European session. It traded … Read more
