Forex
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Japanese Yen Heads for Solid Weekly Gains
The Japanese yen strengthened past 155 per dollar on Friday, positioning itself for solid weekly gains as investors expect the…
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Korean Won Appreciates on Policy Support Measures
The South Korean won climbed to around 1,433 per dollar on Friday, extending gains for another session as optimism grew…
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Yuan Strengthens to Multi-Year High
The offshore yuan appreciated to around 7 per dollar on Friday, extending gains for the third consecutive session and marking…
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Dollar Remains Under Pressure
The US dollar held at 97.9 on Friday, remaining at its lowest level since early October, as investors continued to…
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Chart of The Day – USD/JPY
The USD/JPY market is currently in a transitional phase between the end of the previous zero interest rate regime and…
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GBP/JPY hangs near weekly low, around mid-210.00s amid a broadly firmer JPY
GBP/JPY remains under some selling pressure for the second straight day on Wednesday. BoJ rate hike bets and safe-haven flows…
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USD/CHF rebounds toward 0.7900 after hitting three-month lows
USD/CHF recorded a three-month low of 0.7861 on Wednesday. The US Dollar faces challenges amid growing odds for two Fed…
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GBP/USD gathers strength above 1.3500 as BoE signals gradual easing
GBP/USD strengthens to around 1.3510 in Wednesday’s early European session. The BoE interest rate is likely to continue on a gradual…
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Japanese Yen remains on the front foot vs. bearish USD amid BoJ-Fed policy divergence
The Japanese Yen scales higher against a weaker USD for the third straight day on Wednesday. The hawkish BoJ Minutes,…
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EUR/GBP weakens below 0.8750 as BoE hints at slower easing pace
EUR/GBP softens to near 0.8725 in Wednesday’s early European session. The BoE’s cautious stance, which signaled that the pace of…
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