USD
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Japanese Yen bears turn cautious amid intervention fears, modest USD pullback
USD/JPY trades with a mild negative bias and is undermined by a combination of factors. Easing inflationary concerns temper Fed…
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Canadian Dollar strengthens as US Dollar decline despite hawkish Fed outlook
USD/CAD loses ground as the US Dollar weakens despite rising expectations of later Fed rate hikes. CME FedWatch tool indicates…
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Australian Dollar remains subdued following labor data
AUD/USD loses ground as the Australian Dollar holds losses following domestic labor market data. Australia’s Unemployment Rate ticked down to…
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British Pound holds gains above 1.3150, US PCE inflation data looms
GBP/USD rebounds to around 1.3175 in Thursday’s Asian session. UK PM Keir Starmer resigned on Monday, throwing UK politics into…
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EUR/USD Price – Rebounds above 1.1350, but outlook stays bearish below key resistance
EUR/USD gains ground to near 1.1370 in Thursday’s early European session. The bearish outlook of the major pair remains intact…
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Australian Dollar Approaches 3- Month Low
The Australian dollar fell further below $0.690, approaching a three-month low as broad US dollar strength outweighed a rebound in…
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Offshore Yuan Holds Near 1-Month Low
The offshore yuan steadied around 6.81 per dollar on Thursday, hovering near a one-month low after the People’s Bank of…
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USD/JPY Price – Range tightens further at around 161.60
USD/JPY consolidates around 161.60 as hawkish BoJ supporting Japanese Yen counters outperforming the US Dollar. One BoJ member expects interest…
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Offshore Yuan Hits 1-Month Low
The offshore yuan depreciated to around 6.80 per dollar on Wednesday, hitting its lowest level in a month, as a…
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South Korean Won at Over 2-Week Low
The South Korean won traded around 1,539 per dollar, extending losses to its lowest level in over two weeks after…
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