Australian dollar hovering near a five month high, focus on US data
Australian dollar gained momentum as a result of hawkish RBA Meeting Minutes.…
Japanese yen recoups some of losses caused by BoJ
Japanese yen rises slightly, snapping a three-day losing trend versus the US…
Pound surges ahead of UK inflation report
Pound Sterling surges ahead of UK CPI report. The Pound Sterling (GBP)…
Euro crawls higher, with Eurozone CPI in focus
Euro is creeping higher on Tuesday as risk sentiment improves. The Euro…
Gold edging lower despite a minor USD increase
Gold fell somewhat on Tuesday, pulled down by a number of factors.…
Japanese yen maintains its BoJ-inspired losses
Japanese currency fell across the board after the Bank of Japan revealed…
US dollar is trading sideways as markets digest the Fed’s rebuke
US Dollar had a mixed start to the week. The US Dollar…
Euro stabilized despite low German business confidence
Euro stabilized despite low German business confidence. On Monday, the EURUSD began…
Australian Dollar remains bullish despite the Fed’s dovish outlook
Australian dollar remained strong in expectations of Fed rate decreases. The Australian…
GBPUSD significant resistance level is indicated at 1.2790-1.2800
GBPUSD gains momentum at 1.2688, supported by a weaker USD and the…