The GBP/USD pair posts modest gains to near 1.3125, snapping the three-day losing streak during the early Asian session on Friday.

The USD/CHF posted solid gains of over 0.30% on Thursday as the Greenback recovers some ground, aimed to finish the week with solid gains.

The NZD/USD pair edges higher to around 0.6215 on Friday during the early Asian trading hours.

AUD/USD reverses and starts falling after what appears to be a false breakout above the top of the range.

EUR/GBP has suddenly reversed and shot higher on Thursday, gaining over 1.0% on the day so far.

The US Dollar (USD) is trading higher just ahead of the US trading session after former  president of Federal Reserve Bank of New York William Dudley comment on Bloomberg television on the current situation for

GBP/CAD is unfolding a down leg within a rising channel. It will probably continue lower to at least the blue 100-day Simple Moving Average (SMA) at 1.7641.

Traders gauging how to best play a sliding U.S. dollar are eyeing the relative strength of economies around the world, as rate cuts from global central banks shake up currency markets. The U.S. dollar index fell 4.8% against a basket of currencies in the third quarter of 2024, its worst quarterly performance in nearly two years. Pressure on the U.S. currency increased after the Fed delivered a jumbo-sized 50 basis point cut last month, its first reduction since 2020.

USD/CAD extends its gains for the second consecutive day, trading around 1.3530 during Thursday’s European hours.

EUR/USD trades in the 1.1030s on Thursday, marginally down on the day as geopolitical risks increase demand for the safe-haven US Dollar (USD) while the Euro (EUR) weakens amid a gloomy economic outlook for the old continent.

The EUR/USD pair attracts sellers for the fifth successive day and touches a fresh three-week low, around the 1.1030 area during the Asian session on Thursday.

The NZD/USD pair prolongs this week's retracement slide from the 0.6375-0.6380 region, or its highest level since July 2023 and remains under some selling pressure for the third successive day on Thursday.

The USD/CAD pair attracts some follow-through buying for the second successive day on Thursday and climbs back above the 1.3500 psychological mark during the Asian session.

Gold price (XAU/USD) remains on the defensive during the Asian session on Thursday amid a stronger US Dollar (USD), which continues to draw support from diminishing odds for a more aggressive policy easing by the Federal Reserve (Fed).

The Canadian Dollar (CAD) eased slightly on Wednesday as overall risk-off flows bump the Greenback higher.

The Dow Jones Industrial Average (DJIA) is caught in a bit of a sideways trap in the first week of October as geopolitical concerns weigh on risk appetite.

EUR/GBP has finished pulling back and resumed its downtrend.

EUR/USD trimmed further into the bearish side on Wednesday, dragging Fiber bids further into the low end as markets grapple with an uncertain outlook on the Middle East and evaporating hopes for a follow-up jumbo rate cut from the Federal Reserve (Fed) in November.

The NZD/USD pair attracts some sellers to near 0.6260 during the early Asian session on Thursday.

The New Zealand (NZD) could continue to weaken; oversold conditions suggest a sustained break below 0.6250 is unlikely.

GBP/USD stalls and seesaws between tepid gains and losses in the 1.3280s on Wednesday after falling a whole cent on the previous day, when the US Dollar (USD) strengthened as a result of a rise in safe-haven flows due to an escalation of the conflict in the Middle East.

GBP/USD stalls and seesaws between tepid gains and losses in the 1.3280s on Wednesday after falling a whole cent on the previous day, when the US Dollar (USD) strengthened as a result of a rise in safe-haven flows due to an escalation of the conflict in the Middle East.

The US Dollar (USD) Index (DXY) rose for a third consecutive day as broad-market risk appetite takes a beating.

USD/CAD has started to creep lower again. The move comes after a three-day pullback from the September 25 low (blue rectangle on chart).

The US Dollar (USD) is likely to trade in a 7.0010/7.0350 range.

The Greenback recovered against the Japanese Yen on Wednesday, rallying over 2% after Japanese Prime Minister Ishiba commented the economic environment is not ready for additional rate hikes.