USD
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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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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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GBP/USD loses ground below 1.3150 ahead of UK CPI data
GBP/USD depreciates ahead of key economic data from the United Kingdom. The US Dollar receives support from the diminishing likelihood…
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NZD/USD tumbles below 0.5650 on RBNZ rate cut bets
NZD/USD slumps to around 0.5630 in Wednesday’s early European session, down 0.50% on the day. RBNZ rate cut bets exert…
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USD/CHF stands firm near 0.8000; await break through 50-day SMA ahead of FOMC minutes
USD/CHF attracts buyers for the fourth straight day amid a combination of supporting factors. A fall in Swiss GDP undermines…
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Japanese Yen sticks to modest gains amid safe-haven flow; lacks follow-through
The Japanese Yen attracts safe-haven flows on Wednesday amid intervention fears. A softer USD also exerts pressure on USD/JPY ahead…
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Chart of The Day – USD/JPY
The USD/JPY is currently trading around 155.40. Today’s movements remain clearly influenced by fundamental factors, with the balance of power between…
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GBP/USD remains subdued around 1.3150 as UK Chancellor Reeves abandons tax rises
GBP/USD struggles after UK Chancellor Rachel Reeves scrapped planned income-tax rises. The British Pound remains under pressure as softer economic…
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USD/INR opens flat despite improving US-India trade deal hopes
The Indian Rupee opens flat around 88.85 against the US Dollar. India’s Commerce Secretary Agarwal commented that the higher tariff…
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