Forex
-
South Korean Won Slips Amid APEC Summit
The South Korean won weakened to around 1,433 per dollar on Wednesday, extending losses for the second session as investors…
Read More » -
Offshore Yuan Hovers Near 1-Year High
The offshore yuan traded around 7.09 per dollar on Wednesday, hovering near a one-year high as optimism persisted ahead of…
Read More » -
EUR/USD softens below 1.1650 ahead of Fed rate decision
EUR/USD weakens to around 1.1635 in Wednesday’s Asian session. De-escalating US-China tensions weighs on the Euro. Fed is widely expected to…
Read More » -
NZD/USD sits near three-week top; stays below 0.5800 amid modest USD uptick, ahead of Fed
NZD/USD retains a positive bias amid the US-China trade optimism, though it lacks bullish conviction. A modest USD uptick acts…
Read More » -
Australian Dollar holds gains as domestic inflation rises in Q3
Australian Dollar advances as the domestic Consumer Price Index rose 1.3% QoQ in Q3. The AUD gains ground from the…
Read More » -
GBP/USD falls to near 1.3250 due to increased BoE rate cut bets, Fed policy awaited
GBP/USD loses ground as Pound Sterling weakens on rising odds of BoE rate cuts. Traders now see about a 68%…
Read More » -
USD/CAD holds losses below 1.3950 ahead of policy decisions from Fed, BoC
USD/CAD depreciates as the US Dollar struggles due to the increased likelihood of a 25-basis-point rate cut by the Fed.…
Read More » -
AUD/JPY gathers strength above 100.00 on hot Australian CPI inflation data
AUD/JPY gains ground around 100.30 in Wednesday’s Asian session. Australia’s CPI inflation rose to 1.3% QoQ in Q3, hotter than expected. …
Read More » -
Japanese Yen retreats from one-week high against USD; focus remains on Fed/BoJ decisions
The Japanese Yen strengthens further amid intervention fears and BoJ rate hike bets. Dovish Fed expectations keep the USD depressed…
Read More » -
AUD/JPY Price Forecast: Crucial upside barrier emerges near 100.00
AUD/JPY falls to near 99.55 in Tuesday’s early European session, down 0.60% on the day. The cross keeps the bullish…
Read More »
