Forex
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Japanese Yen sticks to recovery gains as Japan’s cabinet approves stimulus package
The Japanese Yen stalls its recent slide amid intervention fears and reviving safe-haven demand. Fiscal concerns and BoJ rate hike…
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Dollar Set for Weekly Gain
The dollar index held above 100 on Friday, poised to rise nearly 1% for the week amid expectations that the…
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EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut
EUR/GBP edges lower to around 0.8820 in Thursday’s early European session. Analysts expect the Bank to cut rates in December,…
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EUR/USD slides further to near 1.1500 ahead of US NFP data
EUR/USD falls further to near 1.1500 as the US Dollar strengthens amid receding Fed dovish speculation. Many FOMC policymakers believe…
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GBP/JPY reaches fresh 16-month highs above 205.50
GBP/JPY hit a 16-month high of 205.52 as traders expect PM Takaichi to announce a stimulus package. Reuters poll suggests…
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USD/CAD flat lines above 1.4050, all eyes on US NFP data
USD/CAD trades on a flat note around 1.4060 in Friday’s early European session. The delayed US Nonfarm Payrolls (NFP) data…
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Offshore Yuan Steady After PBOC Decision
The offshore yuan steadied around 7.11 per dollar on Thursday, as China signaled reduced urgency for further monetary policy easing…
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EUR/GBP holds positive ground above 0.8800 after UK CPI data
EUR/GBP drifts higher to around 0.8815 in Wednesday’s early European session. UK CPI inflation eased to 3.6% YoY in October…
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GBP/USD Ticks Lower After Mixed U.K CPI Print
UK CPI (M/M) Oct: 0.4% (0.4%; prev 0.0%) – CPI (Y/Y): 3.6% (est 3.5%; prev 3.8%) – CPI Core (Y/Y):…
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EUR/USD stays silent below 1.1600 as Fed rate cut bets recede
EUR/USD may further decline as the US Dollar gains amid declining Fed rate cut bets. The CME FedWatch Tool indicates…
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