Forex
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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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Sterling Little Changed Ahead of Budget
The British pound hovered just below $1.31 as traders awaited the UK’s Nov. 26 budget. Finance minister Rachel Reeves is…
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Yen Slips in Holiday-Thinned Trade
The Japanese yen slipped past 156.5 per dollar on Monday, giving back part of the prior session’s gains as traders…
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Won Falls as Capital Outflows Mount
The South Korean won depreciated to around 1,472 on Monday, approaching its lowest level in more than seven months, as…
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Offshore Yuan Holds Firm
The offshore yuan traded around 7.11 per dollar, moving sideways near a one-week high, as the central bank continued to…
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Pound Sterling slumps after poor UK Retail Sales, flash PMI data
The Pound Sterling faces selling pressure amid UK Retail Sales declining 1.1% and S&P Global PMI dropping sharply. Investors await…
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Chart of The Day – USD/JPY
The USD/JPY exchange rate is currently around 156.7. Today’s trading is influenced by a complex mix of fundamental factors, where…
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European PMI Below Expectations – EUR/USD Under Pressure
Key Data: 09:15 – FrancePreliminary Manufacturing PMI – November: actual 47,8 (forecast 49 (previous 48.8)Preliminary Services PMI – November: actual…
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USD/CAD dips below 1.4100; downside seems limited amid bullish USD, sliding Oil prices
USD/CAD edges lower as the USD pauses following the recent rise to a multi-month top. Reduced December Fed rate cut…
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