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Top Forex News
The Yen and Euro Pairing Has Experienced Decline
The yen and euro pairing has experienced decline early morning. Over issues that the data recovery that is financial COVID-19 is supposed to be struck as
USD/CAD jumps near two-week highs above 1.2400
A combination of factors helps USD/CAD gain positive traction for the third day in a row. Pullback in oil prices weighs on CAD and offers support to the
GBP/USD recovers from daily lows hovering around 1.3750
Market sentiment bearish as investors weigh Q4 economic outlook and US fiscal policy woes. UK Treasury unveils £75 billion budget, cut taxes on pubs and
AUD/USD down from daily highs at 0.7535
Risk appetite sentiment surrounds financial markets, but Aussie dollar resistance remains. US President Joe Biden agreed to push for a deal in a meeting
GBP/USD slips back below 1.3800 amid risk-off sentiment
U.S. corporate earnings in Q3 keep investors’ risk appetite, lifting the GBP. Brown Brother Harriman (BBH): Expectations of a BoE hike on November 4
USD/JPY consolidates above 114.00 with bullish attempts
Risk appetite and BOJ restraint weigh on the Japanese yen. USD/JPY expected to appreciate towards 117.00/10 – Credit Suisse. USD a moderate bid tone
AUD/USD retreats from 0.7520 as U.S. Treasury yields rise
AUD/USD lost 30 pips in the last hour as US Treasury yields rose amid risk appetite in the market. Widespread strength in the US dollar weighs on AUD/USD.
The U.S. Dollar is Rising on Chinese Economic Shift
The U.S. dollar is rising on Chinese economic shift. It was adhering to a high reached throughout the U.S. trading session, Tuesday. The strengthening
AUD/USD intraday rally stalls before 0.7500
Risk appetite helped AUD perceived as riskier to gain traction on Monday. Rising US bond yields revived USD demand and limited any significant gains.
USD/CAD remains capped below 1.2390
The US dollar retreats after being rejected at 1.2390. The pair remains flat ahead of key macroeconomic events later this week. USD/CAD could extend losses
GBP/USD stalls at 1.3800 on US dollar strength
Sterling advances despite US dollar strength across the board. Brexit: David Frost said, “The problem with the EU proposals on Northern Ireland is
eNaira: Launch of Nigeria’s new digital currency on Monday
A digital version of Nigeria’s currency, the eNaira, will be unveiled on Monday. It came from a statement of the Central Bank of Nigeria (CBN) on
GBP/USD remains range bound at around 1.3800
The GBP/USD lacked a firm directional bias and remained range bound on Friday. Upbeat UK PMIs offset dismal retail sales numbers and supported the pound.
USD/CAD moves away from lows, remains bearish
A combination of factors triggered further selling around USD/CAD on the last day of the week. A generally positive risk tone affected the safe-haven
USD/JPY falls further to hit session low near 113.50
Dollar remains offered and hits one-week near 113.50. Profit-taking hurts USD as Fed tightening expectations diminish. USD/JPY poised to extend gains
