Analysis

A combination of factors assists USD/CAD to bounce off a one-month low touched this Tuesday.

On Monday, the US Dollar (USD), measured by the US Dollar Index (DXY), declined to its lowest level since January around 102.20 following a pullback in US

AUD/USD showed a significant increase of 0.75%, rising to 0.6720. The continued hawkish stance of the RBA supports the Aussie against its peers. Intense do

GBP/USD rose one-third of one percent after the US Dollar continued to recede to kick off the new trading week. Greenback flows extended a near-term course

The yen surged while the euro hit a yearly peak as the dollar weakened in anticipation of dovish signals from the upcoming Federal Reserve meeting minutes

USD/CHF reversed course after posting a new low on August 5 and started trending higher.

The US Dollar trades substantially softer, touching a seven-month low, at the start of the week. 

USD/CAD retraces its recent gains from the previous two sessions, trading around 1.3670 during Monday’s European hours.

The US Dollar Index extends its losses following the dovish comments from Fed officials.

The AUD/USD pair kicks off the new week on a positive note around 0.6670. A risk-on tone across markets and rising expectations of an imminent rate cut by

The NZD/USD pair surges to near 0.6030 in Friday’s European session.

The US Dollar falls slightly but holds the recent recovery, which was driven by Thursday’s upbeat US data.

USD/CAD stalls this week’s recovery from the monthly low amid the emergence of some USD selling.

GBP/USD continues to strengthen for the second consecutive session, trading around 1.2870 during the Asian hours on Friday.

GBP/USD found the gas pedal on Thursday after a steeper-than-expected recovery in US Retail Sales pushed Cable back into the high end.

The U.S. dollar edged higher Thursday, but remained close to seven-month lows after the release of benign inflation data, while sterling rose after solid

GBP/USD regains positive traction following the previous day’s post-US CPI decline.

The Canadian Dollar (CAD) pared back some recent losses across the currency board on Wednesday, but a lopsided performance for the CAD still sees some red

GBP/USD pulled back and declined below 1.28500 on Wednesday after Consumer Price Index (CPI) inflation eased lower on both sides of the Atlantic.

The U.S. dollar slightly recovered against a basket of currencies following data indicating a decrease in inflation, dampening rate cut expectations.