Category forex

AUD Gains On Chinese CPI Preview

AUD/USD rises to 0.6930 on China inflation data The Australian Dollar is rising ahead of key consumer inflation data from China. The AUD/USD currency pair is gaining ground after a flat previous day, trading around 0.6930. The Australian Dollar finds suppor

Yen Strengthens Against USD

USD/JPY pair edges lower to 162.45 The Japanese Yen strengthens against the US Dollar amid fears of possible intervention from Japanese authorities. The USD/JPY pair is currently trading at around 162.45 during the early Asian session on Thursday. The US weekly I

Euro Holds Steady Against USD

Euro firms at 1.1420 against USD The Euro held firm against the US Dollar on Wednesday. The currency pair traded at 1.1420 after bouncing off daily lows. Hostilities in the Middle East continued, with the US attacking Iran for the second straight day.

Australian Dollar Trades Flat

AUD/USD trades unchanged at 0.6900-0.6950 The Australian Dollar showed little movement on Wednesday, trading between 0.6900 and 0.6950. This range indicates a lack of direction for the currency. The AUD/USD pair's indecision candle suggests the week's rebou