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Forex
EUR/CAD falls as CAD gains on strong inflation, Oil recovery
EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data. According…
EUR/USD drops, US Dollar rallies on hopes of a US-China trade deal
EUR/USD moves lower for the third consecutive day on Tuesday, trading at the 1.1615 area at the time of writing, after having peaked at 1.1728 on Friday. Hopes that the meeting…
USD/JPY rises as Japanese Yen falters despite new cabinet changes
USD/JPY trades around 151.90 on Tuesday, up 0.80% for the day at the time of writing, as investors react to the confirmation of Japan’s new government and the unveiling of its…
USD/JPY surges as BOJ hike odds collapse ahead of CPI data – BBH
USD/JPY rallied by roughly 0.8% to 151.60. Unverified sources signal that Bank of Japan (BOJ) officials are of the view there’s no urgency to hike the benchmark rate next week.…
Canada CPI set to rise in September ahead of BoC interest rate decision
Statistics Canada will publish September’s inflation figures on Tuesday. The numbers will give the Bank of Canada (BoC) a fresh read on price pressure as the central bank weighs…
Pound Sterling extends downside against US Dollar as Sino-US trade tensions recede
The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the third trading day on Tuesday. The GBP/USD pair slides further to near 1.3370 as the US Dollar…
Gold holds modest losses below all-time peak amid USD strength
Gold (XAU/USD) extends its intraday retracement slide from the vicinity of the all-time peak and slides below the $4,320 level heading into the European session on Tuesday, though…
XAG/USD trades lower near $52.00 due to receding safe-haven demand
Silver price (XAG/USD) is down 0.9% to near $51.90 during the late Asian trading session on Tuesday. The white metal faces selling pressure as rally in precious metals has halted…
Australian Dollar falls despite US-Australia deal
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday, losing its daily gains. However, the AUD/USD pair appreciated as the AUD received support from improved…
EUR/USD falls further to near 1.1630 ahead of ECB Lagarde’s speech
The EUR/USD pair extends its two-day downside move to near 1.1630 during the Asian trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD)…