Forex
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Offshore Yuan Stabilizes
The offshore yuan hovered around 7.12 per dollar on Monday, following a two-session decline, as investors weighed disappointing factory activity…
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EUR/JPY holds steady above 177.50 amid thin trading due to Japan’s holiday
EUR/JPY inches higher as the Japanese Yen struggles due to the BoJ’s cautious policy stance. BoJ’s Ueda left room for…
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USD/CHF trades firmly near 0.8050 ahead of Swiss inflation data
USD/CHF exhibits strength near 0.8050 as the US Dollar is broadly outperforming its peers. Traders trim Fed dovish bets amid…
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GBP/JPY steadies around mid-202.00s amid BoJ uncertainty; UK fiscal concerns cap gains
GBP/JPY reverses a modest Asian session dip as BoJ uncertainty continues to underpin the JPY. The UK’s fiscal concerns and…
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USD/CAD treads water above 1.4000 due to cautious Fed policy outlook
USD/CAD moves little as the stronger US Dollar offsets the impact of the improved Oil prices. The US Dollar gains…
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Australian Dollar receives support as traders expect RBA to maintain policy rates
Australian Dollar receives support from cautious sentiment surrounding the RBA policy stance. China’s RatingDog Manufacturing Purchasing Managers’ Index fell to…
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USD/JPY sits near multi-month peak
The Japanese Yen continues to be undermined by the BoJ rate hike uncertainty. Receding safe-haven demand further weighs on the…
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USD/INR trades firmly as US Dollar strengthens on easing Fed dovish bets
The Indian Rupee trades vulnerably around 88.95 against the US Dollar at open on Monday. The amount of foreign outflow…
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US Dollar Index strengthens above 99.50 ahead of US Manufacturing PMI release
US Dollar Index trades with mild gains near 99.75 in Monday’s early Asian session. Traders dialed back bets for further Fed…
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EURUSD Heads Towards 1.15 Amid Diminishing Chances of a December Fed Cut
The dollar is preparing for a positive close not only this week but also this month. The EURUSD pair is…
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