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Forex
GBP/JPY sets new 16-year high for a fourth straight day
The GBP/JPY pair continues to climb to new highs as the Japanese Yen keeps weakening. Japanese officials are expressing concerns about the Yen's decline, but so far, there have…
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EUR/GBP slips while EUR/JPY and USD/JPY remain bid – IG International
EUR/GBP has seen a decline, while EUR/JPY and USD/JPY continue to show strength. The current market trend indicates a slip in EUR/GBP, with EUR/JPY and USD/JPY maintaining a strong…
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USD/CHF extends gains on rising Treasury Yields
The USD/CHF pair surged to highs not seen since mid-June, reaching the crucial 100-day SMA at 0.8975. The strength of the USD remained strong, driven by elevated Treasury yields.…
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Kiwi plunges, outlook hinges on SMA convergence support
On Wednesday, the NZD/USD pair experienced a significant drop, heading towards the convergence of the 100 and 200-day Simple Moving Averages (SMAs) near the key level of 0.6070.…
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EURJPY rises to new record highs
EURJPY continued its upward trend on Wednesday, reaching a new record high above the 171 mark. This surge was driven by the yen's weakness against other currencies.
The pair has…
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Japanese yen weakens, USDJPY hits 38-year high despite intervention fears By Investing.com
The Japanese yen continued to weaken on Thursday, with the USDJPY pair reaching its highest levels in 38 years. The pair surged to 160.81 yen in morning trade, the highest since…
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GBP/USD slumps to familiar lows in midweek action as Greenback bids reignite
On Wednesday, GBP/USD saw a decline as market flows favored the US Dollar, keeping the Pound Sterling pinned near 1.2600. With limited economic data, the UK was absent from the…
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Next target remains at 0.6700
AUD/USD saw a slight increase on Wednesday, despite the US Dollar gaining strength. This was due to higher-than-expected inflation figures in Australia, as reported by the Reserve…
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USDCAD Bounces Off Support After Lower Wholesale Trade – FX Leaders
The USDCAD pair has recently bounced off a support level after a decrease in wholesale trade data. The pair showed resilience and managed to climb back up after hitting this…
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Gold prices hover near two-week low on firm dollar, yields
Gold prices remained steady on Thursday after dropping to a two-week low in the previous session. This was due to the strong performance of the dollar and Treasury yields ahead of…
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