The AUD/JPY pair is on a bullish streak, gaining momentum for the second consecutive day as it reaches a fresh weekly peak of around 97.00. The rise can be attributed
The EUR/USD pair is currently trading around 1.0915 in Wednesday's Asian session, marking the second consecutive day of negative territory. Traders are bracing for a potential Fed rate cut in
Asian Currencies Slip as Dollar Strengthens and Yen Falls on BOJ Rate Hike Doubts Market sentiment in Asia remains shaky as concerns over a potential U.S. recession cause a sell-off
GBP/USD is on the rise as the Fed is expected to make a 50-basis point rate cut in September, with CME FedWatch tool showing a 67.5% probability. This comes after
The GBP/JPY pair experienced a significant surge during the Asian trading session following dovish comments from a Bank of Japan (BoJ) official. Intraday highs reached around the 187.25 level, with
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, remains tight-lipped about the daily stock market fluctuations, leading to speculation in the financial markets. However, Hayashi has assured that the government will prioritize
The Indian Rupee (INR) is showing resilience in Wednesday's early Asian session, even in the face of a stronger US Dollar (USD). The potential for intervention from the Reserve Bank
The Japanese Yen (JPY) is facing continued losses against the US Dollar (USD) following comments from Bank of Japan (BoJ) Deputy Governor Shinichi Uchida. Uchida emphasized the need for the
China's Trade Balance for July, in Chinese Yuan terms, came in at CNY601.98 billion, shrinking from the previous figure of CNY703.77 billion. Exports increased by 6.5% YoY in July vs. 10.7%
Silver (XAG/USD) is showing some positive traction on Wednesday, with a slight increase near the $27.00 mark. However, the lack of follow-through buying suggests that fresh selling could emerge at