Forex
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Offshore Yuan Hovers Over One-Year Peak
The offshore yuan traded around 7.07 per USD, near its highest level since early October last year, as a broadly…
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EUR/USD flirts with 200-day SMA hurdle, above 1.1600 amid a broadly weaker USD
EUR/USD kicks off the new week on a positive note amid the prevalent USD selling. Bets for another Fed rate…
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GBP/USD flat lines near 1.3250 amid UK budget relief
GBP/USD trades flat around 1.3245 in Monday’s Asian session. UK budget relief could support the Pound Sterling. Fed cut odds…
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Japanese Yen climbs to over one-week top vs USD amid divergent BoJ-Fed expectations
The Japanese Yen kicks off the new week on a positive note amid rising BoJ rate hike bets. A softer…
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USD/CAD rebounds above 1.3950 despite upbeat Canadian GDP data
USD/CAD posts modest gains near 1.3980 in Monday’s Asian session. Hassett’s nomination would be bearish for the US Dollar as…
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Chart of The Day – EUR/USD
The euro–dollar pair is pulling back toward the 1.157 area today ahead of Germany’s inflation data, which will be released…
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Offshore Yuan Set for Monthly Gains
The offshore yuan steadied around 7.07 per dollar on Friday, remaining on track for monthly gains as a weakening US…
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US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance
US Dollar Index may lose ground amid growing odds of a Fed rate cut in December. CME FedWatch Tool suggests…
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GBP/JPY retreats from YTD peak, trades below 207.00 amid modest JPY uptick
GBP/JPY retreats slightly after refreshing its YTD peak on Friday, though it lacks follow-through. Intervention fears and BoJ rate hike…
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When are the German Retail Sales and how could they affect EUR/USD?
The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday…
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