The U.S. dollar hit three-week lows against a currency basket on Tuesday as growing expectations for an interest rate cut by the Federal Reserve pressured Treasury yields, while persistent concerns over the global growth outlook boosted the safe haven yen. The benchmark 10-year Treasury's yield fell to its lowest since…

(Bloomberg) -- The Australian dollar will continue to fall as the nation’s central bank cuts interest rates further to stimulate the faltering economy, according to market participants. The Aussie fluctuated around 69.80 U.S. cents Tuesday after the Reserve Bank of Australia lowered borrowing costs to a fresh record of 1.25%,…

USDCAD has broken the 1.35000 barrier in the last hour, but showing some struggle for a strong pull below the region as the economic release for the USDCAD was in a mixed outcome. The Canadian dollar is sensitive to trade risks, and lost ground on Friday after President Trump threatened…

EUR/USD exchange rate remained flat and the pairing is currently trading at an inter-bank rate of $1.1170. On Monday morning data revealed that manufacturing in the Eurozone continued to slow in May. The Eurozone’s manufacturing PMI remained in contraction territory, falling from 47.9 to 47.7. This was the fourth successive…

Investing.com - The U.S. dollar was trading near one-week lows against a currency basket on Monday, with the yen and the Swiss franc, seen as safe havens in time of uncertainty, gaining ground as global trade tensions escalated. With the U.S. administration's combative stance on trade widening to countries beyond…

USDCAD reaching new heights first time for the year 2019 at 1.35650 . Early sessions in the last day of the week, US gained some positive impact from the release of key events on both sides of the border. Canadian GDP is expected to rebound in March, with a gain…

(Bloomberg) -- Be prepared for a summer of uncertainty, where calls for Treasuries and the yen get ever more expansive as U.S. President Donald Trump turns tariffs into his favorite foreign policy tool. Trump’s unexpected decision to slap a levy on Mexican imports is casting renewed doubt over the prospect…

GBPUSD first line to watch is 1.2605 which was a low point early in the week. The fresh four-month low of 1.2580 is critical support. 1.255 Lower, 1.2530 provided support back in December 2018 and 1.2445 is the 2019 low. Looking up, 1.2640 capped cable earlier this week. The round…

EURCAD making a steady move since last week, is dropping -0.22% for the day as of writing. Trapped inside the wedge pattern in the daily time frame, EURCAD reaches April last low at 1.50120,forming new low for the week. On the release front, Canada’s current account deficit narrowed to C$17.3…

Investing.com - The U.S. dollar was hovering near two year highs against a currency basket on Thursday as persistent concerns over global trade tensions prompted investors to seek refuge in safe haven assets. With the trade spat between the U.S. and China showing no signs of easing concerns that global…