Forex News Category

USD/CHF Falls to 0.8670 Amid Dovish Fed, Awaits SNB Decision In the current financial climate, the USD/CHF currency pair has sustained its downward trajectory for the fourth consecutive day, hovering around the 0.8670 mark during Thursday’s Asian trading hours. This comes as the market braces for the Swiss National Bank’s (SNB) impending Interest Rate Decision.

GBP/USD sees buying interest above mid-1.2500s before UK job, US inflation data The GBP/USD currency pair, representing the exchange rate between the British Pound and the US Dollar, is showing signs of recovery in the early Asian trading session on Tuesday. This resurgence comes as the pair trades around 1.2565, marking a modest gain of

EUR/USD Recovers Near 1.0760 Amid Strong US Dollar The currency pair EUR/USD has demonstrated a recovery, climbing back up to a rate hovering around 1.0760, following a dip to its three-week nadir of 1.0723 observed last Friday. The pair’s resurgence occurred during the Asian market session on Monday. This bounce-back was juxtaposed against the backdrop

EUR/USD Sees Slight Rise to 1.0770 Before Eurozone GDP, US Jobless Data During the early trading hours in Asia on Thursday, the EUR/USD currency pair recorded modest gains. The pair hovered around 1.0770, marking a slight increase of 0.08% for the day. Despite these gains, potential growth in the pair may be limited due to

AUD/JPY Falls to Three-Week Low, Below 97.00 Following RBA’s Rate Decision In the foreign exchange markets, the Australian Dollar (AUD) against the Japanese Yen (JPY) pair has experienced a significant downturn, reaching its lowest level in three weeks. This decline occurred in the aftermath of the Reserve Bank of Australia’s (RBA) recent rate decision. The