Forex
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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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EUR/USD moves higher to near 1.1550 ahead of HCOB PMI data
EUR/USD gains ground amid increasing bets for the Fed rate cut in December. CME FedWatch Tool suggests pricing in 36%…
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EUR/JPY edges lower below 181.50 as Japan unveils stimulus package
EUR/JPY softens to near 181.40 in Friday’s early European session. Japan’s cabinet approved 21.3 trillion yen economic stimulus package. ECB’s…
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Australian Dollar holds ground as Australia Manufacturing PMI rises in November
The Australian Dollar rises after the release of S&P Global Purchasing Managers Index data. S&P Global Manufacturing PMI rose to…
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USD/INR trades steadily ahead of India/US flash PMI data
The Indian Rupee opens on a stable note against its major peers ahead of India’s flash private sector PMI data.…
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