Forex
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GBP/USD – LSEG Recommendation
London Stock Exchange Group | Thomson Reuters LSEG recommends a short position on the pair with the following levels: Entry…
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Dollar Set for Third Straight Weekly Decline
The dollar index hovered near two-month lows around 98.3 on Friday and was on track for a third consecutive weekly…
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Yen Holds Gains as BOJ Outlook Mulkled
The Japanese yen held around 155.6 on Friday after two consecutive sessions of gains, supported by speculation that the Bank…
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Korean Won Falls on Weaker FX Sentiment
The South Korean won slipped to around 1,472 per dollar, approaching seven-month lows, as persistent capital outflows were driven by…
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Chart of The Day – AUD/USD
The Australian labor-market report for November came in weaker than expected. As a result, the FX market saw a significant…
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Indian Rupee Hits Fresh Record Low
The Indian rupee weakened past 90 per USD, hitting another fresh record low, pressured by corporate dollar outflows, which added…
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Offshore Yuan Steady
The offshore yuan steadied around 7.06 per dollar, hovering near its strongest levels in more than a year, supported by…
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New Zealand Dollar Hovers Near 2-Month High
The New Zealand dollar slipped to $0.579 but stayed close to a two-month high, amid expectations that the Reserve Bank…
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Dollar Languishes on Dovish Fed Outlook
The dollar index slipped to around 98.5 on Thursday, its lowest in over seven weeks after the Federal Reserve delivered…
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Australian Dollar Eases from 3-Month High
The Australian dollar weakened around $0.664 on Thursday, easing from a three-month high, as investors weighed the latest labor market…
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