Category forex

Pound Rises Against Dollar

GBP/USD trades higher on expected BoE rate hikes The GBP/USD pair is trading in positive territory around 1.3430. The UK government leadership transition and growing expectations of further Bank of England interest rate hikes underpin the British Pound against the US

USD Weakens Against CAD

USD/CAD pair loses momentum near 1.4145 The US Dollar weakens against the Canadian Dollar due to receding expectations of a rate increase from the US Federal Reserve. The USD/CAD pair loses momentum to near 1.4145 during the early European session on Friday. This

Asia Stocks Rise As Iran Risk Fades

Asia markets rally on chip rebound and Japan pension hopes Asia's markets have rallied due to a rebound in the chip sector and hopes for Japan's pension fund investments. The key factor is the fading risk of conflict with Iran. Japan's finance minister has called fo