With US data proving mixed the US Dollar to Indian Rupee (USD/INR) exchange rate extended its downtrend on Thursday, driven lower by a decline in safe-haven demand. Diminishing Odds of Fed Rate Hike Weighed on US Dollar…
The US Dollar to Japanese Yen (USD/JPY) exchange rate briefly strengthened on Tuesday’s session to hit its highest point in May on underwhelming Japanese data, but mixed US news including weekly earnings held the…
At the end of the week the Euro to Japanese Yen (EUR/JPY) exchange rate trended lower, as Eurozone data proved mixed and investors dismissed the latest comments from the Bank of Japan (BoJ). Mixed Eurozone GDP Results…
The Pound Sterling to US Dollar exchange rate (GBP/USD) slipped further from its weekly high on Wednesday as another negative PMI print weighed on the Pound and surprisingly positive data released from the US.…