Forex
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GBP/JPY holds above 206.00; upside seems capped as BoJ rate hike bets underpin JPY
GBP/JPY attracts some buyers for the second straight day, though it lacks bullish conviction. A weaker USD and the end…
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EUR/USD Price Forecast: Extends the recent rally to near 1.1650 amid bullish signal
EUR/USD strengthens to near 1.1635 in Wednesday’s Asian session. The major pair keeps the bullish vibe unchanged above the key…
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NZD/USD holds positive ground above 0.5750 on upbeat Chinese Services PMI data
NZD/USD gains momentum to near 0.5750 in Wednesday’s early European session. Upbeat Chinese Services PMI data and less dovish-than-expected stance…
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GBP/USD edges higher above 1.3200 as Fed rate cut bets pressure US Dollar
GBP/USD gains ground to around 1.3235 in Wednesday’s early European session. Rising December Fed rate cut bets continue to undermine…
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EUR/GBP posts modest losses below 0.8800 despite dovish BoE expectations
EUR/GBP trades with mild losses around 0.8795 in Wednesday’s early European session. UK PM Starmer seeks lower interest rates to…
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Offshore Yuan Hits Over 1-Year High
The offshore yuan strengthened past 7.06 per dollar, hitting its highest level since October 2024, supported by a strong central-bank…
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Won Pressured by Capital Outflows
The South Korean won slipped toward 1,470 per dollar, hovering near seven-month lows as market sentiment remained pressured by ongoing…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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Limited Reaction in EUR/USD on Near Consensus Eurozone CPI Data
10:00 AM GMT, Euro Zone – Inflation Data for November: CPI: actual 2.2% YoY; forecast 2.1% YoY; previous 2.1% YoY; CPI: actual -0.3% MoM;…
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USD/CAD holds onto recovery move near 1.4000 despite firm dovish Fed bets
USD/CAD grips Monday’s recovery move around 1.4000 following footprints of the US Dollar. The US ISM Manufacturing PMI fell at…
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