USD/CHF extends losses as US labour data disappoints The US Dollar faces headwinds from declining safe-haven demand, causing the USD/CHF pair to depreciate. The pair is trading around 0.8060 during the Asian hours on Thursday. Recent US employment releases
Weaker-than-expected US private payrolls data weigh on the USD, lifting EUR/USD as traders await Friday’s Nonfarm Payrolls report. EUR/USD climbed to 1.1555 in Asian trading Thursday, extending gains as the USD faced broad pressure. The US Dollar Index (DXY) held near 99.6
XAG/USD climbs to $62.20 as easing inflation fears boost demand for non-yielding assets amid reduced oil market tensions. Silver prices rose for a fourth straight session, trading at $62.20 per troy ounce in Asian hours. The gain follows a partial reopening of the Strait o
The US Dollar Index extends losses, trading close to multi-week lows amid sustained selling pressure in early Asian trade. The US Dollar Index (DXY) remains under pressure near 99.65, marking a third consecutive session of declines. The index, which measures the greenback
US Dollar Index falls for third day as softer ADP jobs report and ISM data reduce Fed rate hike expectations. The US Dollar Index (DXY) extended losses for a third consecutive session, trading near 99.65 in Asian hours on Thursday. The decline follows weaker-than-expected
The Japanese Yen surged against the Dollar following coordinated intervention by US and Japanese authorities to support the currency. The USD/JPY pair fell to near 157.65 in early Asian trading on Thursday, extending losses after a coordinated currency intervention by the
Coordinated currency intervention by US and Japanese authorities strengthens the Yen, pressuring USD/JPY amid fears of further action. The Japanese Yen (JPY) advanced against the US Dollar (USD) in early Asian trading on Thursday, with USD/JPY dipping near 157.65. The move
Fitch states Korean stock market fluctuations pose minimal near-term threats to financial sector stability or credit conditions. Fitch Ratings assesses that recent volatility in Korean equities is unlikely to trigger broader financial instability. The agency highlights tha
The Canadian dollar strengthens against the USD amid rebounding oil prices and fading expectations of further Federal Reserve rate increases. The USD/CAD pair declined during Thursday’s Asian session, nearing the 1.4000 level as crude oil prices recovered from a three-week
The Australian Dollar shows minimal movement following domestic trade data, stabilizing after two sessions of gains. The AUD/USD pair traded around 0.7060 in Asian hours on Thursday, showing little reaction to Australia’s latest Trade Balance figures. The currency pair ste
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