EUR/USD is trading near 1.0500 in the European session on Wednesday. The pair is facing difficulties due to cautious market sentiment and renewed demand for the US dollar, as traders expect a rise in US inflation data that could affect the pace of...
The upcoming release of the US inflation data (CPI) and the Bank of Canada's (BoC) interest rate decision are expected to significantly impact the USDCAD currency pair's volatility. If the US inflation data exceeds forecasts, the USDCAD pair could...
The Japanese Yen (JPY) maintained a slightly bullish position during the European session on Wednesday, despite lingering uncertainty about the Bank of Japan's (BoJ) intention to raise interest rates in December. Strong Japanese producer price data...
The AUD/USD pair continues its downward trajectory, hitting a four-week low of 0.6386 on Wednesday. The decline is mainly influenced by the decision of the Reserve Bank of Australia (RBA) to keep interest rates at 4.35% per annum for the ninth...
The GBP/JPY currency pair extended its upward trend for the second consecutive session, trading near the 193.10 level during the European trading hours on Tuesday. This upward momentum can be primarily attributed to a weakening Japanese Yen, fueled...
