USD
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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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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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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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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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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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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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