Forex
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Offshore Yuan Trades Near 34-Month High
The offshore yuan traded around 6.91 per dollar on Wednesday, holding near its highest level since April 2023, buoyed by…
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AUD/USD pulls back from three-year high; holds above mid-0.7000s
AUD/USD drifts lower as weak Australian consumer sentiment backs March RBA pause. The Fed-inspired USD weakness could support the major…
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USD/CAD holds steady near 1.3550 as US Retail Sales data looms
USD/CAD flat lines around 1.3560 in Tuesday’s early European session. Canada’s Unemployment Rate dipped to a 16-month low of 6.5%,…
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EUR/GBP Price Forecast: Hovering below resistances at 0.8720 and 0.8745
EUR/GBP appreciates for the second consecutive day and returns above 0.8700. The UK Government’s crisis keeps the Pound on the…
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Japanese Yen stands near one-week high vs. weaker USD
Japanese Yen remains on the front foot against a bearish USD for the second straight day. The removal of political…
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GBP/JPY struggles around mid-212.00s amid BoJ rate hike bets and UK political turmoil
GBP/JPY drifts lower for the second straight day, though it lacks follow-through selling. Intervention fears and BoJ rate hike bets…
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EUR/USD steadies at one-week highs ahead of key US data releases
EUR/USD holds gains at 1.1900 after bouncing up from last week’s lows at 1.1765. Concerns about the US labour market…
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Yuan Rallies as China Flags US Treasury Risk
The offshore yuan advanced 6.9 per dollar on Tuesday, nearing its highest level in thirty-four months, as momentum built after…
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EUR/USD maintains a bid tone: Fed easing hopes hurt the US Dollar
EUR/USD appreciates for the second consecutive day, reaching highs above 1.1860. Eurozone’s Sentix Index points to an improving economic outlook.…
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EUR/USD Price Forecast: Hovers around nine-day EMA above 1.1800
EUR/USD trades near a flattening nine-day EMA, while a rising 50-day EMA supports a mild bullish bias. The 14-day Relative…
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