Forex
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Yuan Holds Firm as PBOC Pumps Cash
The offshore yuan was little changed to around 6.93 per dollar on Monday, holding steady near thirty-three-month highs, as the…
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Three Markets to Watch Next Week
The opening week of February has proven even more volatile than January. Markets have been defined by a precipitous sell-off…
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Sterling Faces Worst Weekly Fall Since October
Sterling edged back toward $1.36 at the end of a volatile week that nonetheless put sterling on track for its…
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Chart of The Day – EUR/USD
The EUR/USD pair is currently trading around 1.17953. The market is showing moderate volatility in reaction to the latest macro…
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Pound Sterling partially recovers after dovish BoE hold triggers losses
The Pound Sterling bounces back against its major currency peers, recovering some of the previous day’s losses. A higher-than-expected number…
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EUR/GBP pulls back below 0.8700 amid broader Euro weakness
EUR/GBP fails to find acceptance above 0.8700 and dips to the 0.8690 area. The pair is on track for its…
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EUR/USD hovers near lows amid risk-off markets
EUR/USD remains capped below 1.1800, with 1.1765 low at hand. The overall risk-averse sentiment and weak German Industrial data are…
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USD/CHF falls to near 0.7760 as US Dollar’s rally hits pause
USD/CHF drops to near 0.7765 as the US Dollar corrects amid increase in dovish Fed expectations. Weak US job data…
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GBP/USD Price Forecast: Trades above 1.3500 after rebounding from 50-day EMA
GBP/USD rebounded from support near 1.3520 at the channel base, followed by the 50-day EMA. The 14-day Relative Strength Index…
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USD/CAD holds below 1.3700 amid weak US labor data, higher crude oil prices
USD/CAD posts modest losses around 1.3685 in Friday’s early European session. US weekly jobless claims increased more than expected last…
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