USD/CAD turns lower for the second straight day and is pressured by a combination of factors. Bullish crude oil prices underpin the Loonie and weigh on...
AUD/USD drifts into negative territory for the second straight day amid firmer USD. Rebounding US bond yields and a softer risk tone benefit the safe-haven Greenback....
USD/CAD oscillates in a narrow band and is influenced by a combination of diverging forces. A modest uptick in crude oil prices underpins the Loonie and...
NZD/USD prints mild gains on upbeat China data. China Q4 GDP joins Industrial Production, Retail Sales for December to please Kiwi buyers. Mixed sentiment, sluggish yields...
AUD/USD steadies after reversing from five-month high, inactive of late. Market sentiment remains dicey amid US holiday, cautious mood ahead of key data from China, Australia....
AUD/USD gains some follow-through traction on Monday and climbs to a fresh five-month high. Bets on smaller Fed rate hikes, a positive risk tone undermines the...
For the first time ever, the People’s Bank of China (PBOC) has included its central bank digital currency (CBDC) in official cash reports. China’s digital yuan,...
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
Oil prices have turned sideways after failing to extend recovery to near $80.00. The black gold price has not run out of steam as the US...
Alibaba Group Holding Limited (BABA) is a multinational technology conglomerate that has footprints in e-commerce, retail, logistics, artificial intelligence, cloud computing and finance services. It provides...
A spokesperson from China Customs said on Friday, “Foreign trade still faces many challenges and difficulties this year.” “Fundamentals of long-term improvement remain unchanged, and the...
What you need to take care of on Wednesday, January 11: The FX board saw little action on Tuesday amid a scarce macroeconomic calendar and as...
What you need to take care of on Tuesday, January 10: The US Dollar started the week on the back foot as optimism weighed on the...
Alibaba founder Jack Ma cuts voting stake in Ant Group to 6%. BABA stock jumps more than 4% on the news. Jack Ma’s control of Ant...
USD/CAD drops to a seven-week low on Monday and is pressured by a combination of factors. An intraday rally in crude oil prices underpins the Loonie...
Gold price grinds higher after refreshing multi-day high. China unlock, PBOC’s gold stocking underpins XAU/USD run-up. US dollar bears the burden of downbeat data, mixed Fedspeak....
AUD/JPY clings to mild gains around three-week high. Australia Building Permits slumped in November, Tokyo markets are off for Coming-of-Age Day. China-linked headlines propel risk-on mood...
WTI remains on the front foot around intraday highs. China reopening, PBOC’s Shuqing propel expectations of higher energy demand. US data triggers economic slowdown fears, weighs...
US Dollar Index takes offers to refresh intraday low, extends Friday’s U-turn from one-month high. China’s reopening of national border, growth optimism at PBOC underpin risk-on...
“The world’s second-largest economy is expected to quickly rebound because of the country’s optimized Covid-19 response and after its economic policies continue to take effect,” Bloomberg...