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Australian Dollar strengthens as US Dollar dips on Fed rate cut odds
The Australian Dollar remains stronger as Private Capital Expenditure rose by 6.4% QoQ in Q3. The AUD strengthened after the…
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US Dollar Index retreats below 99.50 on rate cut expectations
US Dollar Index softens to near 99.45 in Thursday’s early European session. Rising bets for a December US rate cut…
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Won Rises on Steady Policy, Improved Economic Forecast
The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors…
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Offshore Yuan Retreats on Weak Fixing
The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following…
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Chart of The Day – NZD/USD
The Reserve Bank of New Zealand (RBNZ) cut the official cash rate (OCR) by 25 bp to 2.25%, in line…
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GBP/USD rises to near 1.3200 ahead of UK Autumn Budget
GBP/USD rises ahead of the UK Autumn Budget due later on Wednesday. The US Dollar struggles as softer data reinforce…
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USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase
USD/CNH marked a 13-month low of 7.0782 as the US Dollar struggles, as softer data reinforce the likelihood of a…
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Australian Dollar rises as CPI beats forecasts, RBA policy in focus
The Australian Dollar gains as monthly inflation boosts RBA caution. Australia’s CPI rose 3.8% YoY in October, beating the market…
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Japanese Yen retreats from one-week top against weaker USD; downside seems limited
The Japanese Yen struggles to capitalize on modest intraday gains against a weaker USD. The upbeat market mood and fiscal…
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USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD
USD/CHF drifts lower for the second straight day on Wednesday amid sustained USD selling. Tuesday’s US macro data reaffirmed December…
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