EUR/USD is practically flat on Tuesday, trading near 1.1770 at the time of writing amid the current market lull ahead of the New Year holiday. The common currency has found support not far from the three-month highs in the 1.1800 area, but the rising geopolitical tensions are weighing on risk appetite on thinned year-end trading, keeping […]
The Pound Sterling (GBP) trades flat around 1.3500 against the US Dollar (USD) during the European trading session on Tuesday, close to an over three-month high of 1.3535 posted last week. The GBP/USD pair consolidates as the US Dollar wobbles ahead of the release of Federal Open Market Committee (FOMC) Minutes of the December meeting, which will […]
EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar (USD) moves little amid market caution ahead of the Federal Open Market Committee (FOMC) December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s […]
The GBP/USD pair trades with mild gains around 1.3510 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the US Dollar (USD) as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path. The UK central bank cut its benchmark interest rate by 25 basis points […]
USD/CHF loses ground after two days of gains, trading around 0.7880 during the Asian hours on Tuesday. The Swiss KOF Leading Indicator will be eyed later, which could offer future trends of the overall economic activity. The Swiss Franc (CHF) potentially receives support from increased safe-haven demand, which could be attributed to the uncertain Ukraine-Russia […]
The USD/CAD pair trades almost flat around 1.3685 during the late Asian trading session on Tuesday. The Loonie pair consolidates ahead of the release of Federal Open Market Committee (FOMC) minutes of the December meeting in the late New York session. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major […]
The Indian Rupee (INR) edges up against the US Dollar (USD) during afternoon trading hours in India on Tuesday. The USD/INR pair ticks down to near 98.00 as trading volume gets squeezed in the final stretch of the year, with near-term bias remaining bullish due to consistent outflow of foreign funds from the Indian stock market. On Monday, Foreign […]
NZD/USD remains subdued for the third successive session, trading around 0.5830 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) recovers daily losses on technical grounds. However, the downside of the pair could be restrained as the US Dollar (USD) could struggle amid the ongoing likelihood of two more […]
GBP/USD gains after a gap-down open, trading around 1.3510 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) faces challenges, which could be attributed to growing expectations of two more rate cuts by the Federal Reserve (Fed) in 2026. Traders are likely to focus on the Federal Open Market Committee (FOMC) December […]
The Australian Dollar (AUD) rises against the US Dollar (USD), reaching a 14-month high of 0.6727 on Monday. The AUD/USD pair strengthens as the Aussie Dollar finds support amid growing expectations of interest rate hikes from the Reserve Bank of Australia (RBA). The RBA’s December Meeting Minutes indicated that board members are becoming less confident that monetary […]