Forex

USD/JPY is recovering after finding support on the 50-day SMA.  A positive market mood and weak Japanese real wage data are supporting the pair.  Rumors…

The Bank of Canada (BoC) is anticipated to cut its policy rate by 25 bps. The Canadian Dollar maintains its consolidative phase vs. the US Dollar.…

EUR/USD falls slightly with the focus on the ECB policy meeting and US economic data. The ECB is widely expected to deliver a rate-cut move with a…

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $29.60 per troy ounce, up 0.34% from the $29.50 it cost on Tuesday.…

NZD/USD gains ground due to an increase in export volumes and a strong rebound in the Terms of Trade in Q1. The New Zealand Dollar received support from…

The Japanese Yen depreciates as investors adopt caution ahead of the US ADP Employment Change and ISM Services PMI. JPY could find support as Labor Cash…

The Australian Dollar appreciates as RBA Governor Michele Bullock stated to increase rates if the CPI does not return to the target range. Australia's GDP…

EUR/JPY attracts some buyers near 169.30 in Wednesday’s early European session, up 0.50% on the day.  The cross keeps the negative picture unchanged below…

Indian Rupee (INR) trades on a stronger note on Wednesday.  Lower oil prices and optimism about foreign fund inflows support the INR after facing the…

EUR/USD attracts fresh buyers on Wednesday amid a modest USD downtick. Fed rate cut bets keep the US bond yields depressed and undermine the buck.…