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 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…
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…
China Forex Reserves Rose in March
China’s foreign exchange reserves, the largest in the world, rose to $3.184 trillion in March, according to official data released…
EUR/USD: Euro Stable as Traders Eye Nonfarm Payrolls
Quiet trading is unfolding in the forex market as traders wait for the release of the US nonfarm payrolls. The…
Russian rouble tumbles to its weakest since April 2022
The Russian rouble tumbled on Friday to the lowest levels against the dollar and euro since April 2022 in the…
Blur Takes the Stage as NFT Volumes Reach Nearly $2bn Last Month
Is NFT trading ready to recover? It seems NFT trading volumes have begun to recover this side of the year,…
GBP/USD: Sterling Drops After Hitting 10-month High
The British currency is in its best shape in nearly a year as the UK economy looks brighter. The GBP/USD…
Dollar edges higher on safe haven flows; caution ahead of payrolls
The U.S. dollar edged higher in early European trade Thursday with weakening risk sentiment benefiting this safe haven, but remains…
DJI: Dow Jones Tumbles as Economic Concerns Rear Up
The 30-stock Wall Street average snapped four straight days of winning as new data sparked worries. Dow Jones Industrial Average…