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...
AUD/USD is looking for an immediate cushion around 0.6800 ahead of Caixin Manufacturing PMI data. After scrutiny of the Chinese official PMI and consensus, the Caixin...
Oil price is likely to climb above $81.00 as China’s reopening measures secure firmer long-term demand. An announcement of an oil supply ban from Russia has...
NZD/USD has slipped sharply below 0.6320 as the US Dollar Index has shown a recovery move. Market mood is turning cautious as the Covid-19 situation in...
China’s Center for Disease Control and Prevention (CDC) top epidemiologist Wu Zunyou warned at a briefing on Thursday, Covid is seen spreading throughout the holiday season....
Gold price grinds higher inside three-week-old bearish triangle. Pullback in US Treasury bond yields, mixed US data favor XAU/USD bulls. Chinese travelers to face multiple tests...
Japan Prime Minister Fumio Kishida said on Tuesday, Japan will require travelers from China to quarantine for seven days if they test positive for COVID-19. Additional...
Asia-Pacific markets pare BOJ-linked losses despite mixed news from China, Japan. Pullback in Treasury bond yields, hopes of more stimulus add strength to the positive mood....
NZD/USD struggles to extend three-day uptrend, eyes snap seven-week uptrend. New Zealand Manufacturing Sales improved in Q3, Electronic Card Retail Sales came in mixed for November....
USD/INR eases from one-month high on the Reserve Bank of India’s (RBI) rate hike. RBI announces 0.35% increase to benchmark Repo rate, as expected. Sluggish US...
Gold price lacks clear directions as sellers attack the key support amid mixed clues. XAU/USD traders remain confused as recession woes contrast with China losing Zero-Covid...
Chinese equities have soared as the economy has started focusing on easing Covid-19 restrictions. Higher interest rate peak projections by Fed’s Evans have supported US Treasury...
USD/CNH remains mildly bid while consolidating the biggest daily loss since November 10. China’s official NBS Manufacturing PMI and Non-Manufacturing PMI both disappoint in November. Cautious...
AUD/JPY is declining towards 92.00 as China’s unrest-inspired volatility will stay for longer. Stable Japan’s employment numbers may weigh on the cross ahead. This week, the...
NZD/USD has witnessed an attempt at recovery after dropping to near 0.6160. More downside in the kiwi asset is still favored as the risk-off impulse is...
USD/JPY dives to a fresh three-month low on Monday and is pressured by a combination of factors. Bets for less aggressive Fed rate hikes and sliding...
GBP/USD reverses an intraday dip amid the emergence of fresh selling around the USD. Bets on less aggressive rate hikes by the Fed, sliding US bond...
USD/JPY meets with a fresh supply on Monday amid reviving demand for the safe-haven JPY. The narrowing of the US-Japan rate differential also underpins the JPY...
Asian indices have witnessed intense heat amid unrest in China due to the anti-Covid lockdown. The USD Index is struggling to overcome the immediate hurdle of...
Gold price snaps four-day uptrend, pressured around intraday low of late. Coronavirus fears amplify risk-aversion as China keeps reporting record-high numbers. Cautious mood ahead of the...