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Kiwi loses momentum after rejection at 0.5800
The New Zealand Dollar is moving without a clear bias against the US Dollar, trading within a tight range around 0.5780 on Wednesday. Technical indicators, however, are turning…
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Slips below 183.00 as momentum weakens
EUR/JPY extends its losses for the fourth successive session, trading around 182.80 during the European hours on Wednesday. The currency cross remains subdued following the release…
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German Retail Sales rise 1.1% YoY in November
Retail Sales in Germany climbed 1.1% year-over-year (YoY) in November, following an increase of 0.9% in October, according to official data released by Destatis on Wednesday.On a…
Canadian Dollar softens to near 1.3800 as crude oil dips
The USD/CAD pair trades with mild gains near 1.3810 during the early European session on Wednesday. A fall in crude oil prices exerts some selling pressure on the commodity-linked…
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USD/CHF softens to near 0.7950 as Venezuela crisis supports Swiss Franc
The USD/CHF pair trades in negative territory near 0.7950 during the early European session on Wednesday. The US Dollar (USD) weakens against the Swiss Franc (CHF) amid persistent…
Australian Dollar hits new 14-month highs despite easing inflation pressures
The Australian Dollar (AUD) rises against the US Dollar (USD) on Wednesday, continuing its winning streak for the fourth successive session. The AUD/USD pair rises despite the…