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We stay bullish on Sterling for the week ahead but caution that ongoing Brexit talks and the Bank of England monetary policy announcement may weigh on GBP. This past week the UK government regained control of the Brexit negotiations, with all the House of Lords amendments defeated in Parliament, although what Read more

The euro on Friday was headed for its worst weekly loss in 19 months after a cautious European Central Bank signaled it will keep interest rates at record lows well into next year. Following a closely-watched meeting on Thursday, the ECB said it will end its massive bond purchase scheme Read more

The dollar slipped back from three-week highs against the yen on Thursday, quickly erasing gains made after the Federal Reserve took a slightly more hawkish policy tone in signaling two more rate hikes by year-end. The greenback’s bounce faded as traders booked profits before the European Central Bank’s meeting later Read more

The dollar reached a three-week high against the yen and stood tall against the euro on Wednesday ahead of a Federal Reserve policy meeting that could give clues on how many more U.S. rate hikes there will be this year. The Fed concludes its two-day policy meeting later on Wednesday, Read more

The dollar edged up to a three-week high on Tuesday as investors hope to see a positive outcome from the highly-anticipated U.S.-North Korea summit that could potentially ease tensions on the Korean Peninsula. U.S. President Donald Trump started a historic meeting with North Korean leader Kim Jong Un in Singapore Read more

The dollar rebounded in morning trade in Asia Friday, although it was still hovering near three-week lows after sliding in the past few days. The yen was under pressure after data showed Japan’s gross domestic product for the first quarter fell 0.2% compared to the previous quarter. Market also look to the Read more

The dollar fell below the 94 level in morning trade on Wednesday, while the Aussie got a lift from upbeat growth data that beat expectation. The U.S. dollar index, which tracks the greenback against a basket of six major currencies, lost 0.04% to 93.81 at 10:55PM ET (02:55 GMT), a slide from 94.27 overnight. The AUD/USD pair gained 0.47% to Read more

The dollar remained steady in morning trade in Asia Tuesday, hovering near the 94 value, while the Aussie looked bearish ahead of the rate decision of Reserve Bank of Australia (RBA) that will come later in the day. The yen dropped after Japan posted softer-than-expected home spending data. The U.S. dollar index, Read more

Asian equities continued to trade well in green in afternoon trade on Monday. The strong job data from the U.S. last Friday supported the Asian stock markets from Tokyo to China and Seoul. The U.S. reported an increase in nonfarm payroll employment of 223,000 in May, while average hourly earnings Read more