Forex
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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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EUR/JPY declines as geopolitical tensions, hawkish BoJ boost Yen
EUR/JPY edges lower around 182.90 on Wednesday, pressured by renewed demand for the Japanese Yen. Eurozone inflation slows in December,…
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