Share: Global rating agency Moody’s cuts its economic growth forecasts for China, as well as revise up the US Gross Domestic Product (GDP) predictions in its...
Share: “China will promote the integrated development of high-end manufacturing and modern service industries,” said Chinese President Xi Jinping while speaking via video at the China International...
Share: AUD/USD turns lower for the sixth straight day and slides back closer to the YTD low. China’s economic woes continue to exert pressure on the...
Share: Gold Price stays defensive at key technical levels, pressured around multi-day low of late. XAU/USD fails to cheer US Dollar’s previously sluggish moves, risk aversion...
Share: The Reserve Bank of New Zealand (RBNZ) kept the Official Cash Rate (OCR) unchanged at 5.50%. Economists at MUFG Bank analyze NZD outlook after the...
Share: AUD/USD touched levels below 0.64 after the release of the softer-than-expected Australian July labour report. Economists at Rabobank analyze Aussie outlook. Under pressure It is...
Share: Asian stock markets edge lower amid the fear of more rates hike, China’s economic woes. Evergrande, China’s second-largest real estate company filed for bankruptcy in...
Share: It is quite a success for EUR/USD to be trading around 1.0900. Economists at ING analyze the pair’s outlook. Surprisingly resilient It does look like...
Share: US Dollar Index consolidates weekly gains above 103.00. Economists at ING analyze DXY’s outlook. Balance of risks is moderately tilted to the upside for the...
Share: Economists at ING analyze EUR/GBP outlook. The 0.8500 support is under threat The Sonia curve is fully pricing in a 6.0% peak rate in the...
Share: AUD/USD remains depressed at YTD low after five-week losing streak. Weekend news from China pauses further downside of Aussie pair ahead of top-tier data/events. PBoC...
Share: USD/CNH picks up bids to refresh intraday high after China infuses market liquidity. PBoC cuts one-year LPRs, China Commerce Ministry offers help to farmers. Mixed...
Share: AUD/USD gains some follow-through positive traction and climbs to a multi-day top on Tuesday. A recovery in the risk sentiment, retreating US bond yields weigh...
Share: AUD/USD stays defensive while keeping three-day rebound from yearly low. Australia’s S&P Global PMIs for August came in softer but headlines suggesting improvement in US-China...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1988 on Wednesday, versus the previous fix of 7.1992 and market expectations of 7.3050. It’s worth noting that...
Share: Economists at Société Générale make an upward revision to USD/CNY. An arduous march to 7.60 by the end of 2023 We revise up our year-end...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1886 on Thursday, versus the previous fix of 7.1988 and market expectations of 7.2791. It’s worth noting...
Share: Asian equities climb on Thursday after Nvidia reported stronger-than-expected results. The concern about the economic slowdown in China remains in focus. The Bank of Korea...
Share: Kit Juckes, Chief Global FX Strategist at Société Générale, notes that China’s troubles are set to weigh on AUD, NZD and JPY. The cracks in...
Share: AUD/USD declined sharply following the surge in worries related to the Chinese real estate sector and financial stability. Economists at Danske Bank analyze the pair’s...