News
US Dollar Index breaks below 98.00 as US labor data cool job market
13+ min ago (462+ words) The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, edges lower after two days of gains and trades around 97.90 during the Asian hours on Friday. Traders will watch the preliminary February…...
Japanese Yen recovers amid BoJ rate hike bets, risk-off mood
15+ min ago (279+ words) The Overall Household Spending released by the Ministry of Internal Affairs and Communications is an indicator that measures the total expenditure by households. The level of spending can be used as an indicator of consumer optimism. It is also considered…...
USD/CAD pulls back to near 1.3700 as Oil prices rebound
35+ min ago (364+ words) Tehran is expected to focus discussions on its long-running nuclear dispute with Western powers, while Washington wants talks to also cover Iran's ballistic missile program, regional proxy support, and human rights issues. The USD/CAD pair may regain its ground…...
BoJ’s Masu: Central bank needs to proceed with further rate hikes to complete policy normalisation
1+ hour, 28+ min ago (295+ words) Bank of Japan (BoJ)policy board member Kazuyuki Masusaid on Friday that Japan has shifted into inflation as policy normalization continues. As of writing, theUSD/JPY pair is down 0.28% on the day at 156.60. Stay ahead with key market trends from…...
Australian Dollar remains subdued following RBA Bullock’s comments
1+ hour, 36+ min ago (395+ words) The Reserve Bank of Australia (RBA) raised the Official Cash Rate (OCR) by 25 basis points (bps) to 3.85% on Tuesday, citing stronger-than-expected growth and a sticky inflation outlook. As the tightening cycle begins, markets have lifted the probability of a May…...
New Zealand Dollar softens below 0.6000 amid renewed US Dollar demand
1+ hour, 59+ min ago (404+ words) New Zealand's Unemployment Rate climbed to5.4%in the fourth quarter (Q4) of 2025, the highest since 2015, Statistics New Zealandreported on Wednesday. This reading came in worse than the estimations of 5.3%. This report has led markets to push back expectations for further Reserve Bank…...
PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous
2+ hour, 3+ min ago (390+ words) On Friday, the People's Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9590 compared to the previous day's fix of 6.9570 and 6.9517 Reuters estimate. The primary monetary policy objectives of the People's Bank of…...
GBP/USD slides to two-week low near 1.3500 on dovish BoE, strong USD
2+ hour, 17+ min ago (262+ words) The GBP/USD pair adds to the previous day's dovish Bank of England (BoE)-inspired heavy losses and drifts lower for the third straight day on Friday. The downward trajectory is sponsored by sustained US Dollar (USD) buying and drags…...
Gold falls below $4,700 as traders book profits
2+ hour, 54+ min ago (388+ words) Gold price (XAU/USD) tumbles to around $4,680 during the early Asian session on Friday. The precious metal extends the decline as traders cover losses from equities and adjust positions. The preliminary reading of the Michigan Consumer Sentiment Index report for…...
EUR/JPY Price Forecast: Falls toward 184.50 near nine-day EMA support
3+ hour, 23+ min ago (486+ words) EUR/JPY extends its losses for the second successive session, trading around 184.70 during the Asian hours on Friday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 55.67 (neutral) stays north of 50, confirming a…...