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The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a softer than expected US Nonfarm Payrolls report.
EUR/GBP price is rising up within a multi-month range after bouncing off support at the lows.
The NZD/USD pair extends its two-day winning spell on Friday as the US Dollar hits a fresh three-week low ahead of the United States Nonfarm Payrolls (NFP) and the ISM Services PMI report for April,...
GBP/USD extends its gains for the third successive session on Friday, trading around 1.2550 during the Asian session.
The Japanese Yen (JPY) extended its gains versus the US Dollar (USD) amid a suspected intervention by the Bank of Japan (BoJ) that happened late on Wednesday during the North American session.
The NZD/USD rose to 0.5961, displaying a rally of 0.56% and jumping above the key short-term 20-day Simple Moving Average (SMA) on Thursday which now indicates a potential bullish bias.
The Pound Sterling tumbled in early trading during the North American session, dropping below the 1.2500 figure amid renewed US Dollar strength.
Yesterday, the Fed left interest rates unchanged at 5.25-5.50% as expected but delivered some dovish surprises compared to the hawkish expectations. In fact, although the recognized the recent...
Silver's price stayed firm at around $26.64 after the Fed decided to hold rates unchanged and Powell’s press conference.
The Pound Sterling is virtually unchanged against the US Dollar following the release of mixed Purchasing Managers Index (PMI) data from S&P Global and the Institute for Supply Management (ISM).
All eyes are now on the Fed meeting. How will the dollar react to the FOMC policy decision, with more key data coming up on Friday? Dollar Index technical analysis points higher. Today’s US...
The NZD/USD pair trades close to a nine-day low slightly below the round-level resistance of 0.5900 in Wednesday’s European session.
The US Q1 inflation data has been consistently surprising to the upside leading to a repricing in interest rates expectations with the market now fully pricing just one rate cut in 2024. On the other...
USD/CAD trades around 1.3780 during the early European hours on Wednesday, hovering within an ascending channel on the daily chart.
The USD/CHF pair extends its upside to 0.9210 on Wednesday during the early European session.