The Australian Dollar (AUD) extends its decline for a second straight session on Tuesday, with AUD/USD trading lower despite an improvement in domestic sentiment data. Westpac Consumer Confidence surged 5.7% in August to 98.5, its highest level since February 2022,
The GBP/USD pair trades on a softer note near the 1.3500 mark during Tuesday’s early European session. The US Dollar (USD) gains modestly against the Pound Sterling (GBP) as traders scale back expectations of a Federal Reserve (Fed) rate cut
Gold (XAU/USD) bounced back from a two-week low near the $3,324 region in early Asian trading on Monday, climbing to fresh daily highs. The recovery was supported by growing conviction that the U.S. Federal Reserve will resume rate cuts in
EUR/USD edged lower in Asian trading on Monday, slipping to around 1.1690 after posting 0.5% gains in the previous session. While the pair is under mild pressure, the downside appears capped as the U.S. Dollar (USD) struggles under the weight
EUR/USD is recovering during Friday’s Asian session, trading near 1.1660 after rebounding from a near 0.5% drop in the previous session. The pair is benefiting from a softer US Dollar (USD) as markets increase bets on a September interest rate
The Japanese Yen (JPY) extended gains on Friday, supported by stronger-than-expected domestic GDP figures and broad US Dollar (USD) weakness. Data from Japan’s Cabinet Office showed the economy grew 0.3% in Q2 2025, translating to a 1.0% annualized expansion. This
West Texas Intermediate (WTI) crude slipped to around $62.15 during early Asian trading on Wednesday, marking its lowest level in nearly two months. The decline comes amid an unexpected build in US crude inventories and a bearish oversupply outlook from
The EUR/USD pair is trading steady around 1.1700 during Thursday’s Asian session, pausing after two consecutive days of losses as the US Dollar (USD) stages a mild technical rebound. Market attention is now on the Eurozone’s second-quarter Gross Domestic Product
The Australian Dollar traded little-changed on Wednesday after gains in the previous session, with AUD/USD consolidating following Australia’s Q2 Wage Price Index release. The currency faced headwinds after the Reserve Bank of Australia (RBA) delivered its third rate cut of
GBP/USD traded steadily around 1.3500 in Wednesday’s Asian session, building on a 0.5% gain from the previous day. The pair extended its advance as the US Dollar weakened following softer-than-expected US inflation data, fueling expectations for a Federal Reserve rate
The EUR/USD pair has stabilized above 1.1595 on Tuesday, posting slight gains in early European trading after last week’s pullback from the 1.1700 level. Support for the euro is being aided by cautious optimism over potential Ukraine peace talks, while
Gold prices (XAU/USD) are holding onto modest intraday gains during Tuesday’s Asian session but remain near Monday’s one-week low. The lack of strong upside momentum comes as traders await fresh catalysts, particularly the upcoming US consumer inflation report. Market sentiment