Category: Market News & Updates

NZD/USD edges higher toward the 0.5800 resistance level, supported by improving sentiment in New Zealand’s business sector, according to BBH FX analysts. The October ANZ Business Outlook Survey showed optimism rising, with…

USD/CAD steadied below its 200-day moving average near 1.3950 after the Bank of Canada (BOC) delivered a 25-basis-point rate cut to 2.25%, according to BBH FX analysts. Despite lowering rates, the central…

EUR/GBP rose 0.30% on Wednesday, trading around 0.8805, marking its highest level since May 2024. The Euro (EUR) is supported by expectations that the European Central Bank (ECB) will keep interest rates…

USD/CHF rose slightly to around 0.7940 during Wednesday’s late Asian session, as the US Dollar strengthened ahead of the Federal Reserve’s policy announcement scheduled for 18:00 GMT. The US Dollar Index (DXY)…

USD/CAD is trading below its 200-day moving average (1.3952) as investors await the Bank of Canada (BOC) interest rate decision. Analysts at BBH FX expect the central bank to deliver a 25bps…

NZD/USD: Short-Term Test of 0.5800 Expected – UOB Group The New Zealand Dollar (NZD) could test the 0.5800 level in the short term, though a sustained break above this resistance appears unlikely,…

The Australian Dollar (AUD) extended its recent gains against the US Dollar (USD), but further upside may be limited in the near term, according to UOB Group’s FX strategists Quek Ser Leang…

The USD/JPY pair extended its decline on Wednesday, pressured by comments from Japan’s Ministry of Finance (MoF) officials and remarks by US Treasury Secretary Scott Bessent, who highlighted the need for Japan’s…

The Euro (EUR) slipped modestly against the US Dollar (USD) on Wednesday, halting a five-day recovery streak. The pair retreated from highs near 1.1670 to trade around 1.1640, with downside attempts contained…