Forex
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Pound Sterling declines further against US Dollar, US NFP in focus
The Pound Sterling remains under pressure against the US Dollar on Thursday. Investors await the US NFP report on Friday…
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USD/MXN extends slide after 50-DMA rejection – Société Générale
USD/MXN has continued to fall after failing to hold above the 50-day moving average, with the pair testing support near…
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USD/INR recovers as investors brush off RBI’s intervention
The Indian Rupee falls back against the US Dollar after failing to capitalize on the RBI’s intervention-led support. Unexpectedly strong…
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GBP/USD flat lines above 1.3450 as traders eye US jobs data
GBP/USD holds steady near 1.3465 in Thursday’s early European session. Traders prefer to wait on the sidelines ahead of the…
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EUR/GBP recovers to near 0.8680 as investors brush off soft Eurozone HICP data
EUR/GBP rebounds to near 0.8680 as investors digest soft Eurozone flash HICP data. Eurozone’s inflation grew moderately on an annualized…
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Japanese Yen rebounds vs. weaker USD amid softer risk tone.
The Japanese Yen attracts some dip-buyers amid BoJ rate hike bets and geopolitical risks. The divergent BoJ-Fed policy expectations further…
Read More » USD/CHF clings to gains near 0.7970 ahead of Swiss CPI, US NFP data
USD/CHF trades firmly near 0.7970 ahead of the Swiss inflation and the US NFP data for December. Upbeat US ISM…
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GBP/JPY struggles below 211.00 as flight to safety benefits JPY; lacks bearish conviction
GBP/JPY bulls remain on the sidelines as BoJ rate hike bets and geopolitical risks benefit the JPY. The uncertainty over…
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EUR/CAD rises to near 1.6200 as Canadian Dollar struggles on Oil demand concerns
EUR/CAD strengthens as the commodity-linked Canadian Dollar weakens amid growing concerns over Canadian Oil demand. Canada’s PM Mark Carney will…
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Offshore Yuan Nears 7-Per-Dollar Threshold
The offshore yuan rose to around 6.98 per dollar on Thursday, rebounding from the previous session and moving closer to…
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