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Offshore Yuan Extends Rally to Over 3-Year High
The offshore yuan strengthened to around 6.80 per dollar on Thursday, extending its rally for a third straight session and…
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Japanese Yen consolidates as intervention fears, hawkish BoJ keep USD/JPY below mid-156.00s
USD/JPY lacks firm intraday directional bias as investors reassess Iran-US peace prospects. The hawkish BoJ and intervention speculations underpin the…
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EUR/USD trades above mid-1.1700s, close to two-week top
EUR/USD stalls the previous day’s late pullback from over a two-week high amid a weaker USD. US-Iran peace deal hopes…
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Australian Dollar recovers latest losses following Trade Balance data
AUD/USD may rebound as easing US-Iran tensions weaken safe-haven demand for the US Dollar. Iran said a US proposal to…
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The CAD remains flat as crude oil prices decline
The Canadian Dollar may weaken as falling oil prices pressure Canada’s crude-export-driven economy. Oil prices fall as easing Middle East…
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Currency Talk – USD/CAD, NZD/USD, EUR/NZD
Key takeaways What is the technical outlook for USDCAD, NZDUSD, and EURNZD? This analysis from the Overbalance series aims to…
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South Korean Won Hits Over 2-Month High
The South Korean won rose toward 1,456 per dollar, rebounding to its strongest level in over two months, amid easing…
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Offshore Yuan Approaches 3-Year High
The offshore yuan traded around 6.81 per dollar on Wednesday, approaching its strongest level since March 2023, as demand for…
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Pound Sterling scales higher as USD weakens amid renewed US-Iran peace deal hopes
GBP/USD gains positive traction for the second straight day amid a broadly weaker USD. Hopes for a US-Iran peace deal…
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Canadian Dollar gains ground as easing safe-haven demand weighs on US Dollar
USD/CAD weakens as the US Dollar softens amid optimism over a potential Tehran deal. Defense Secretary Pete Hegseth said the…
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