Share: GBP/CAD trades at 1.6924, pressured by rising oil prices and a UK unemployment rate increase to 4.3%. Bank of England hints at a rate cap...
Share: Further upside could motivate USD/THB to revisit the 35.66 level in the near term, comments Markets Strategist Quek Ser Leang at UOB Group. Key Quotes...
Share: Strong Chinese data and hawkish comments by BoJ Governor Ueda underpinned the JPY. The pair is neutral to upward biased from a daily chart, at...
Share: AUD/JPY recovers from the intraday losses amid BoJ’s hawkish comments. BoJ Governor Kazuo Ueda suggested the odds of interest rate hikes in the future. Investors...
Share: GBP/JPY cross trades within the descending triangle pattern since August. The 50-hour EMA is on the verge of crossing below the 100-hour EMA. The first...
Share: CAD/JPY rises 0.72% to 108.38 after Canadian jobs report beats expectations, adding 15K jobs and pushing the unemployment rate to 5.5%. Odds for a Bank...
Share: EUR/JPY advanced towards 158.15, setting a 0.40% weekly gain. The cross was rejected by the 20-day SMA the whole week. The daily charts flash signals...
Share: The AUD/NZD is sagging, breaking down below the two-week range. The AUD has lost the coin toss against the NZD as traders position ahead of...
Share: USD/CNH could revisit the 7.3800 region once it clears 7.3500, comment UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes...
Share: DXY comes under pressure and revisits the 105.00 zone. Extra upside could see the YTD top near 105.60 revisited. DXY sees its recent strong upside...
Share: The EUR has managed to climb up the charts against the GBP, but upside momentum remains limited. Eurozone data continues to miss expectations but hasn’t...
Share: In the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, NZD/USD faces extra weakness in the next few...
Share: GBP/JPY loses momentum, snaps two-day winning streak on Wednesday. UK S&P Global/CIPS Composite PMI fell to 48.6 in August vs. 50.8 prior. Japanese policymakers will...
Share: EUR/GBP struggles to recover from the previous day’s losses on the Eurozone’s weaker data UK’s better-than-expected PMIs reinforce the weakening of the cross pair. Investors...
Share: Further consolidation still remains in store for NZD/USD for the time being, note UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang....
Share: AUD/JPY drops to 94.25 following the weaker Chinese Services PMI data. RBA will maintain its benchmark interest rate at 4.10% on Tuesday. Japanese household spending...
Share: EUR/GBP pair drops to a new seven-day low of 0.8546, influenced by market expectations of a BoE rate hike and ECB’s unchanged stance. Technical analysis...
Share: There is still scope for USD/IDR to keep navigating within a 15,185-15,300 range for the time being, suggests Markets Strategist Quek Ser Leang at UOB...
Share: Further downside in USD/CNH appears likely on a breach of 7.2390, argue Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group....
Share: EUR/GBP slips past 50 and 20-day EMAs, reflecting increased bearish sentiment, trading 0.14% below the opening. EUR/GBP’s breaking daily EMAs and one-month-old support trendline, deeper...