Forex
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Offshore Yuan Heads for Monthly Loss
The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger…
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South Korean Won Remains Under Pressure
The South Korean won traded near 1,545 per dollar, remaining close to its weakest level in over three weeks as…
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Chart of The Day – EUR/NOK – When Will the Sell-Off End?
The EURNOK exchange rate has risen by over 5% over the past month, returning to levels last observed in the…
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British Pound: Sterling resilient but Euro cross supported – ING
Francesco Pesole at ING highlights the Pound’s resilience despite shifting expectations around the next United Kingdom (UK) Chancellor, with markets…
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United States Dollar Index declines as US-Iran attacks halt
US Dollar Index weakens as a temporary US-Iran truce ahead of Doha peace talks reduced safe-haven demand. The Greenback’s downside…
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British Pound – Pound capped as bearish bias lingers against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD continues to lack clear momentum, with intraday action expected between 1.3175 and…
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GBP/USD Price – Pound keeps looking for direction around 1.3200
GBP/USD remains flat at 1.3200, halfway through the last two weeks’ trading range. Investors’ appetite for risk remains subdued amid…
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US Dollar: Supported with elevated real yields – MUFG
MUFG’s Lloyd Chan highlights that US Treasury yields have eased only slightly, leaving the broader rates backdrop supportive for the Dollar. Elevated…
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USD/CAD Price – Holds losses below 1.4200 within overbought zone
USD/CAD may rebound toward the initial barrier at the 14-month high of 1.4248. The 14-day Relative Strength Index of 75.3…
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Indian Rupee flattens while focus shifts to US-Iran talks in Oman
The Indian Rupee trades calmly near 94.35 against the US Dollar ahead of US-Iran talks and NFP data. Iran stresses…
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