Category forex

Nasdaq Futures Slide Below 29,500

Nasdaq futures trade near 29,300 after sharp decline Nasdaq futures are trading near 29,300 after a sharp decline from roughly 29,870 to around 29,155 in only a few hours. The decline is happening as investors are already feeling anxious about slightly higher infla

USD Gains Against Swiss Franc

USD/CHF rises 0.30% to 0.8100 The US Dollar has gained ground against the Swiss Franc, with the USD/CHF pair rising 0.30% to trade around 0.8100. This increase is attributed to growing expectations of a Federal Reserve rate hike, which has lifted the US Dollar.

Canadian Dollar Rises

CAD gains as oil prices rise The Canadian Dollar has gained ground due to rising oil prices. The USD/CAD pair has lost ground for the second consecutive day, trading around 1.4200 during the Asian hours on Friday. This depreciation is a result of the commodi

AUD Falls Near 0.6900

AUD/USD edges lower to 0.6900 The AUD/USD pair declined to around 0.6900 during Asian trading hours on Friday. The US Dollar strengthened against the Australian Dollar due to expectations of US rate hikes later this year. The AUD/USD pair's decline reflects market