The USD/JPY pair is trying to recover after falling to a level around 148.40. A cautious increase in overall market risk appetite is restraining US Dollar gains in response to positive data.After Tuesday’s enigmatic chart spike, the Yen has been trading slowly. The USD/JPY began trading on Thursday, rising as …

Officials at the ECB alternately play down the prospect of future rate increases. On Thursday, the EUR/USD was moving higher, stretching for 1.0550 ahead of the end-of-week release of US non-farm payroll data. At the time of writing, the pair is trading at 1.0548.As ECB policymakers continue to downplay the …

Exporters are battling diplomatic sensitivities, visa problems, and a determination to lessen dependence on China as the country’s economic recovery becomes a worldwide worry. Chinese exporters are looking into the US market’s potential and hoping to make it their main source of production orders. Despite the uneven economic recovery, the …

“We’ve seen positive inflation data and a concurrent rise in long-term rates. Although it might be deemed excessive, it aids in tightening financial conditions for the European economy, according to ECB policymaker Francois Villeroy de Galhau, who made the statement on Thursday.Villeroy continued, “So today, I don’t think an additional …

Below $1,820 per ounce, gold is at its lowest price since March, a loss of $100. Economists evaluate the prospects for the yellow metal. A barrier to gold in the near term is uncertainty over when US rates and the dollar will peak. The precious metal is trading at 1814.69 …

Before staging a rebound, the bond sell-off drove US and European rates to levels not seen in years. The benchmark German rate touched 3% for the first time since 2011, the 30-year UK yield hit 5%, and the 10-year Treasury yield peaked at 4.88% before falling to 4.73%. The bond …

The GBP/USD pair has rallied from a daily low of 1.2037 to trade at 1.2144 at the time of writing, despite UK Services PMI and Composite figures indicating a contraction in business activity. The US ADP Employment Change report and ISM Non-Manufacturing PMI reveal a slowdown in private sector hiring …

US agencies have stopped clearing fuel in heavily forested areas to prevent wildfire spread. A 45-day stopgap funding bill was passed just hours before agencies would have been forced to close, but employees say everything stops as the work process shifts gears. The Office of Management and Budget formally kicked …

The USD/CAD pair reached a seven-month high of 1.3780 before falling back to 1.3730. The pair experienced an initial rebound from the 1.3700 level and is expected to climb higher if bullish momentum persists. The Canadian dollar’s chances of a short-side reversal may be increasing as the Relative Strength Index …

The EUR/USD reached a daily high of 1.0532 on Wednesday, but Euro upside remains limited due to mixed economic data for the EU and US. Eurozone Retail Sales fell 2.1% YoY in August versus -1.2% expected, while the European Producer Price Index (PPI) improved slightly over the forecast -11.6%. European …