The EUR/USD pair edged lower to around 1.1725 during Friday’s Asian session, weighed down by renewed US Dollar (USD) strength. Still, downside momentum may remain limited as traders increasingly anticipate a Federal Reserve (Fed) rate cut next week. Focus now
Gold (XAU/USD) faced mild selling pressure in Asian trading on Thursday, retracing part of the prior session’s gains. The retreat was driven by upbeat sentiment across global equities and a modest uptick in the US Dollar (USD), which together limited
The EUR/USD pair is steady around 1.1700 on Wednesday as markets digest fresh US economic data. A softer US inflation print weakened the Dollar, reinforcing expectations of a Federal Reserve (Fed) rate cut and keeping the pair within familiar ranges.
The Japanese Yen (JPY) trades in a narrow range against the US Dollar (USD) during Wednesday’s Asian session, reflecting mixed fundamental signals. While political uncertainty in Japan and buoyant equity markets weigh on the safe-haven JPY, expectations of further Bank
The NZD/USD pair remains firm near 0.5930 during Wednesday’s Asian session, with the New Zealand Dollar holding its ground against the US Dollar despite softer-than-expected Chinese inflation figures. Traders now shift focus to the upcoming US Producer Price Index (PPI)
West Texas Intermediate (WTI) crude oil edged higher in early Asian trading on Tuesday, hovering near $62.15. The upside came after the Organization of the Petroleum Exporting Countries and allies (OPEC+) signaled a slower pace of production growth in the
The EUR/USD pair continued its upward momentum for a third straight session, trading near 1.1780 during Asian hours on Tuesday. The euro advanced as the US Dollar (USD) remained under pressure, weighed down by last week’s weaker-than-expected August jobs report,
Gold (XAU/USD) kicked off the week on a powerful bullish note, smashing fresh all-time highs above $3,600 per ounce on Monday. The rally extends last week’s momentum as markets grow increasingly convinced the Federal Reserve (Fed) will deliver a rate
The Euro (EUR) came under renewed pressure against the British Pound (GBP) on Monday, with EUR/GBP holding just above 0.8660 at the time of writing. Traders remain cautious ahead of a crucial confidence vote in France later today. French Prime
The US Bureau of Labor Statistics (BLS) will release the closely watched Nonfarm Payrolls (NFP) report for August on Friday at 12:30 GMT. The data is set to play a decisive role in shaping expectations for the Federal Reserve’s upcoming
The EUR/CAD pair continued its upward momentum for a third consecutive session on Friday, trading slightly higher near 1.6115 during the late Asian hours. The move comes as traders await Canada’s August employment data, scheduled for release at 12:30 GMT.
The US Dollar Index (DXY), which tracks the performance of the greenback against six major peers, is consolidating near 98.20 during Thursday’s Asian session after slipping in the previous day’s trade. The Dollar is finding support ahead of fresh US