Forex

The US Dollar (USD) navigated an inconclusive range near recent lows, as volatility remained scarce and trade conditions thin in light of the Thanksgiving Day holiday on Thursday.…

USD/CHF trades around 0.8050 on Thursday at the time of writing, virtually inchandeg for the day. The pair nevertheless remains under pressure as the US Dollar (USD) weakens…

External Bank of England (BoE) MPC Member Megan Greene spoke at the Goodbody Annual Equity Conference in Dublin on Thursday. She said that although inflation has stabilized, her…

The Japanese Yen trims part of its earlier recovery against the US Dollar on Thursday as the Greenback shows resilience in muted, holiday-thinned trading. At the time of writing,…

The Euro (EUR) trades flat against the British Pound (GBP) on Thursday after a sharp slide on Wednesday following the United Kingdom’s Autumn Budget. At the time of writing,…

The Economist described it as a ‘bodge-it budget’ that doesn’t give Britain what it needs. The FT calls it a ‘Spend now, pay later’ budget, which merely delays fiscal pain. The…

The account of the European Central Bank’s (ECB) monetary policy meeting held in Florence on 29-30 October shows that policymakers judged the economic and inflation outlook to be…

AUD/USD trades around 0.6525 on Thursday at the time of writing, up 0.12% on the day. The Australian Dollar (AUD) continues to appreciate against the US Dollar (USD), supported by…

The US Dollar is retracing losses against the Canadian Dollar on Thursday, following a sharp reversal in the previous two days. The pair is trading at 1.4048 at the time of…

The Jpanese Yen (JPY) has continued to trade at weaker levels during the Asian trading session alongside the US dollar which has corrected lower in response to dovish comments from…