GBP/USD pulls back in Asian trading on Wednesday, hovering near 1.3450 after giving up part of the previous session’s gains. Despite the dip, the Pound Sterling (GBP) retains underlying support as fading expectations for further Bank of England (BoE) rate
The Australian Dollar (AUD) slipped for a second straight session on Tuesday, trading near 0.6480 against the US Dollar (USD). The AUD/USD pair remains subdued after US President Donald Trump threatened to impose a 200% tariff on Chinese goods if
The USD/CAD pair is trading cautiously around 1.3850 on Tuesday, with the Canadian Dollar (CAD) showing modest resilience against the US Dollar (USD). The move comes after US President Donald Trump dismissed Federal Reserve (Fed) Governor Lisa Cook over allegations
Gold (XAU/USD) eased toward $3,350 in early European trading on Monday, weighed down by renewed US Dollar (USD) demand. However, growing expectations of a Federal Reserve (Fed) rate cut in September, following dovish remarks from Chair Jerome Powell at the
The EUR/USD pair is holding onto Friday’s momentum, trading slightly above 1.1700 during the early European session on Monday. The common currency shows resilience as the US Dollar (USD) weakens, pressured by Federal Reserve Chair Jerome Powell’s remarks suggesting the
West Texas Intermediate (WTI) crude oil traded flat on Friday, hovering around $63.40 during Asian hours, after two consecutive days of gains. Prices remained steady as optimism over an immediate Russia-Ukraine peace settlement continued to fade, keeping risk premiums intact.
The EUR/GBP pair trades with modest losses around 0.8650 in early European hours on Friday, as the Pound Sterling (GBP) finds support from expectations that the Bank of England (BoE) may refrain from additional rate cuts this year. Investors now
Gold (XAU/USD) came under renewed selling pressure during Thursday’s Asian session, struggling to extend its rebound from a three-week low. The yellow metal remains weighed down by a firmer US Dollar after the Federal Reserve’s July 30–31 meeting minutes signaled
The EUR/USD pair remains under pressure, trading around 1.1640 during Thursday’s Asian session after modest gains in the previous day. The Euro weakens against the US Dollar as markets await the release of HCOB Purchasing Managers’ Index (PMI) figures from
West Texas Intermediate (WTI) crude oil prices softened in early Asian trading on Wednesday, drifting to around $62.05. The pullback comes as optimism grows over potential peace talks aimed at ending Russia’s invasion of Ukraine, following discussions between US President
The New Zealand Dollar (NZD) continued its losing streak for a third straight session on Wednesday, with NZD/USD slipping toward 0.5850 during Asian trading hours. The decline followed the Reserve Bank of New Zealand’s (RBNZ) decision to lower its Official
The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, strengthened during Wednesday’s Asian session, trading near 98.30. The move comes as fading expectations of aggressive Federal Reserve (Fed) policy easing—following a stronger US