USD/JPY: Dollar Notches 2% Gain Over Three Days but Momentum Wanes
New Bank of Japan governor Kazuo Ueda vowed to keep on with his predecessor’s ultra-loose monetary policy. The USD/JPY pair…
Dollar edges lower; Chinese growth data boosts risk sentiment
The U.S. dollar slipped lower in early European trade Tuesday, handing back some of the overnight gains as healthy Chinese…
EUR/USD: Euro Dives Back Under $1.10 as Dollar Gains Traction
The EUR/USD pair pulled back from its 1-year high on Friday as traders rushed to grab more dollars. The EUR/USD…
Dollar edges higher; solid bank results lift Fed hike expectations
The U.S. dollar edged higher in early European trade Monday, bouncing off last week’s one-year low after strong earnings from…
Pakistan gets closer to IMF deal after UAE pledges $1 billion
The United Arab Emirates has confirmed financial support of $1 billion to Pakistan, the South Asian nation’s finance minister said…
GBP/USD: UK Economy Flatlines but Exits Covid Slump
The sterling moved higher early on Thursday after the UK’s GDP data came in flat month-on-month. The GBP/USD pair advanced to levels…
Indian Rupee Remains Steady as Market Anticipates Inflation Data
Introduction The Indian rupee has remained steady ahead of the release of local CPI data, which is expected to show…
Dollar edges higher; remains near two-month low after U.S. CPI
The U.S. dollar edged higher in early European trade Thursday, but remained under pressure after cooler-than-expected inflation data raised the…
Norwegian Crown Suffers Amid Banking Sector Turmoil, but Recovery May Be in Sight
The Norwegian crown has had a tough start to 2023, with the currency being the worst-performing G10 currency so far…
USD/JPY: Dollar Off to a Strong Start of Week as Yen Tumbles
The American dollar advanced more than 1% to kick off trading ahead of a stacked week. The USD/JPY pair was…