Forex
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Australian Dollar rises as CPI beats forecasts, RBA policy in focus
The Australian Dollar gains as monthly inflation boosts RBA caution. Australia’s CPI rose 3.8% YoY in October, beating the market…
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Japanese Yen retreats from one-week top against weaker USD; downside seems limited
The Japanese Yen struggles to capitalize on modest intraday gains against a weaker USD. The upbeat market mood and fiscal…
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USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD
USD/CHF drifts lower for the second straight day on Wednesday amid sustained USD selling. Tuesday’s US macro data reaffirmed December…
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GBP/USD inches lower to near 1.3100 as UK Gilts tick down
GBP/USD loses as UK 10-year Gilt yields weaken ahead of the looming November 26 budget. The Pound Sterling struggles as…
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EUR/JPY trade with negative bias around mid-180.00s; eyes German GDP for fresh impetus
EUR/JPY edges lower on Tuesday as intervention fears offer some support to the JPY. Fiscal concerns and the BoJ rate…
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USD/CHF clings to gains near 0.8100, multi-week top amid bullish USD and risk-on mood
USD/CHF sticks to a positive bias as the USD preserves its gains to a multi-month high. A positive risk tone…
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EUR/GBP flat lines near 0.8800 as traders await UK Autumn Budget
EUR/GBP trades flat around 0.8790 in Tuesday’s early European session. The UK government’s Autumn Budget will take center stage later…
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Yen Edges Up on Intervention Watch
The Japanese yen rose to around 156.6 per dollar on Tuesday, recovering losses from the previous session amid speculation that…
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Won Rises on Fed Rate-Cut Expectations, Domestic Growth Signals
The South Korean won appreciated to around 1,471 per dollar on Tuesday, rebounding from multi-month lows as expectations of a…
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Offshore Yuan Hits Over One-Year Peak
The offshore yuan climbed to around 7.09 per dollar on Tuesday, reaching its highest level since early October last year,…
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