Forex
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USD/CAD holds gains near 1.3850 amid lower Oil prices
USD/CAD appreciates as the commodity-linked CAD struggles on declining Oil prices. WTI prices edge lower as rising oversupply concerns ease…
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USD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech
USD/CHF trades with caution around 0.7920 ahead of Fed Powell’s speech at 16:35 GMT. Fed Miran supports lowering interest rates…
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EUR/JPY – First upside barrier emerges above 174.50
EUR/JPY trades flat around 174.40 in Tuesday’s early European session. A positive view of the cross prevails above the 100-day…
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Australian Dollar declines as US Dollar holds ground on cautious Fedspeak
Australian Dollar remains subdued after the release of the Purchasing Managers’ Index figures on Tuesday. Australia’s S&P Global Composite PMI…
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AUD/JPY falls below 97.50 as Australia’s PMI data point to slower growth
AUD/JPY depreciates after the release of the Purchasing Managers’ Index figures on Tuesday. Australia’s S&P Global Composite PMI dropped to…
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GBP/JPY trades sideways around mid-199.00s; looks to UK PMIs for fresh impetus
GBP/JPY consolidates in a range during the Asian session on Tuesday amid mixed fundamental cues. The BoJ rate-hike uncertainty and…
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JPY bulls seem reluctant as political uncertainty offsets BoJ-Fed divergence
The Japanese Yen stalls the overnight recovery from a two-week low against the USD. Domestic political uncertainty and a positive…
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USD/INR refreshes all-time high after India’s soft PMI data
The Indian Rupee slides to a fresh all-time low around 88.85 against the US Dollar, following weak flash Indian PMI…
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Offshore Yuan Holds Firm Near 10-Month Peak
The offshore yuan remained steady around 7.11 per dollar on Tuesday, holding firm near its highest level since early November…
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South Korean Won Weakens on Fed Tone
The South Korean won fell to around 1,394 per dollar on Tuesday, reversing gains in the previous session as markets…
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