Forex
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EUR/GBP posts modest losses below 0.8800 despite dovish BoE expectations
EUR/GBP trades with mild losses around 0.8795 in Wednesday’s early European session. UK PM Starmer seeks lower interest rates to…
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Offshore Yuan Hits Over 1-Year High
The offshore yuan strengthened past 7.06 per dollar, hitting its highest level since October 2024, supported by a strong central-bank…
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Won Pressured by Capital Outflows
The South Korean won slipped toward 1,470 per dollar, hovering near seven-month lows as market sentiment remained pressured by ongoing…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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Limited Reaction in EUR/USD on Near Consensus Eurozone CPI Data
10:00 AM GMT, Euro Zone – Inflation Data for November: CPI: actual 2.2% YoY; forecast 2.1% YoY; previous 2.1% YoY; CPI: actual -0.3% MoM;…
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USD/CAD holds onto recovery move near 1.4000 despite firm dovish Fed bets
USD/CAD grips Monday’s recovery move around 1.4000 following footprints of the US Dollar. The US ISM Manufacturing PMI fell at…
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EUR/USD strengthens above 1.1600 ahead of Eurozone HICP data
EUR/USD extends the rally to around 1.1615 in Tuesday’s Asian session. US manufacturing contracted for the ninth straight month in…
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GBP/USD slides as UK budget strains and US labor data weigh
GBP/USD fumbled early-session gains, reversing course and falling over 0.5% top-to-bottom. UK government budget difficulties are weighing on the Pound…
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NZD/USD holds steady above 0.5700; stalls overnight pullback from one-month peak
NZD/USD trades with a mild negative bias on Tuesday, though the downside remains cushioned. The divergent RBNZ-Fed policy expectations should…
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AUD/USD flatlines below 0.6550 as traders await Australian GDP release
AUD/USD flat lines around 0.6540 in Tuesday’s early Asian session. Softer economic data from the US and further signals from…
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