Currency Forecast

The USD/CAD pair attracts some buyers for the fifth successive day on Tuesday and trades above mid-1.3700s during the Asian session, closer to a six-week peak touched the previous day.

EUR/USD advances for the second consecutive day, trading around 1.0900 during Tuesday's Asian session.

The GBP/USD pair struggles to capitalize on the previous day's modest bounce from the 1.2900 neighborhood and oscillates in a narrow trading band during the Asian session on Tuesday.

Silver price extended its losses yet bounced off daily lows beneath $29.00 and trade with minimal gains of 0.05% as Tuesday’s Asian session begins.

In Monday's session, the NZD/USD continued its downward trajectory, with a fall of 0.50% to reach 0.5980.

In Monday's trading, the AUD/JPY pair has continued its downward trend, declining by more than 0.90% to touch 104.30.

The Pound Sterling begins the week virtually flat against the Greenback on Monday, trading at around 1.2910 after hitting a daily high of 1.2942.

The EUR/USD pair trades with mild gains near 1.0885 during the early European session on Monday.

GBP/USD breaks its two-day losses, trading around 1.2920 in Monday's Asian session.

In Friday's session, the NZD/USD sustained its downward momentum, dropping by 0.65% to touch 0.6010.

In Friday's trading session, the NZD/JPY pair extended its losses and slumped to 94.65, marking a 0.50% decline.

In Friday's session, the AUD/JPY pair has resumed its downtrend, declining by 0.20% to reach 105.25.

Silver price extended its losses to three straight days, late in the North American session, plummeting more than 5% weekly due to investors booking profits, according to Jim Wyckoff of Kitco.

The USD/JPY edged up during the North American session, gaining a decent 0.06% as traders failed to push the exchange rate above 158.00.