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USD/CAD Climbs To Multi-Day Peak Amid Tumbling Oil Prices, Resurgent USD Demand
The USD/CAD pair catches fresh bids on Wednesday and climbs to a four-day high, around the 1.3425 region during the first half of the European session. Spot
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Euro Lifted By Inflation Data But 1.1000 Remains Just Out Of Reach
The Euro (EUR) trades above 1.0960 against the US Dollar (USD) during the European session on Wednesday. The pair has gained a lift after Eurozone data
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GBP/USD Sticks To Stronger UK CPI-Led Gains, Modest USD Strength Caps The Upside
The GBP/USD pair reverses an early European session dip to the 1.2400 mark and turns positive for the second successive day on Wednesday. Spot prices, however, retreat
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AUD/USD Lacks Firm Intraday Direction, Flat-Lines Above 0.6700 Amid Modest USD Strength
The AUD/USD pair struggles to capitalize on the previous day’s positive move and seesaws between tepid gains/minor losses through the early European session. The pair
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US Dollar Struggles To Extend Rebound Amid Improving Risk Mood
The US Dollar (USD) has lost its footing after having registered substantial gains against its major rivals for two straight trading days. The upbeat macroeconomic
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GBP/USD Clings To Stronger UK Wage Growth Data-Inspired Gains, Just Below Mid-1.2400s
The GBP/USD pair caught aggressive bids on Tuesday and stalled a two-day corrective decline from its highest level since June 2022, around the 1.2545 regions