Forex
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Japanese Yen moves further away from two-week high vs USD amid positive risk tone
The Japanese Yen attracts some sellers as a positive risk tone undermines safe-haven assets. Firming expectations for an imminent BoJ…
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Euro Strengthens to Two-Week High
The euro rebounded above $1.16, reaching its strongest level since mid-November, as investors adopted a cautious stance ahead of key…
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Chart of The Day – USD/JPY
USDJPY begins December by sliding 0.5% in reaction to the latest comments from the Bank of Japan (BOJ) Governor, who…
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GBP Ticks up Slightly on In-Line PMI Data
09:30 AM BST, United Kingdom – PMI Data for November: S&P Global Manufacturing PMI: actual 50.2; forecast 50.2; previous 50.2; The lack of a…
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South Korean Won Extends Losses on Heavy Outflows
The South Korean won weakened to around 1,470 per dollar on Monday, extending losses from the previous session and hovering…
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EUR/JPY weakens below 180.50 as BoJ’s Ueda hints at rate hike
EUR/JPY edges lower to around 180.45 in Monday’s early European session. BoJ’s Ueda signaled that his board might increase interest…
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Dollar Hovers Near 2-Week Low
The dollar index hovered around 99.4 on Monday, near a two-week low, as investors positioned themselves for a crucial month…
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Offshore Yuan Hovers Over One-Year Peak
The offshore yuan traded around 7.07 per USD, near its highest level since early October last year, as a broadly…
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EUR/USD flirts with 200-day SMA hurdle, above 1.1600 amid a broadly weaker USD
EUR/USD kicks off the new week on a positive note amid the prevalent USD selling. Bets for another Fed rate…
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GBP/USD flat lines near 1.3250 amid UK budget relief
GBP/USD trades flat around 1.3245 in Monday’s Asian session. UK budget relief could support the Pound Sterling. Fed cut odds…
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