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...
Share: GBP/JPY currently trades around 184.80, up 0.02% for the day. The number of people employed in the UK declined by 66,000 vs. market consensus of...
Share: GBP/JPY rose to a daily high near 186.20, displaying nearly 0.70% gains. GBP traded strongly against most of its rivals following hot inflation figures from...
Share: AUD/JPY takes offers to refresh weekly low on downbeat Aussie employment report. Fears of Japan’s intervention, risk-off mood also favors pair sellers. Firmer yields, BoJ’s...
Share: EUR/JPY remains on back foot at weekly low, lacks momentum of late. Clear break of 50-SMA, U-turn from ascending trend line and bearish MACD signals...
Share: EUR/JPY adds to Thursday’s pullback and breaks below 158.00. The 160.00 region aligns as the next target on the upside. EUR/JPY slips back below the...
Share: EUR/JPY dropped near 158.00, still trading in cycle highs. After two consecutive weeks of gains, the cross will close a weekly decline of 0.30%. The...
Share: EUR/JPY flirts with two-day highs above 159.00. Extra gains could see the 160.00 zone revisited in the short term. EUR/JPY reverses two consecutive daily pullbacks...
Share: AUD/JPY gains 0.81% on Monday, trading at 93.77, within the Ichimoku Cloud. A breach above these levels could target the July 18 high of 94.78...
Share: NZD/USD could see its selling bias alleviated once it breaks above the 0.5985 level, suggest Markets Strategist Quek Ser Leang and Senior FX Strategist Peter...
Share: EUR/JPY retreated near the 158.00 area, seeing more than 0.70% losses on the day. Alongside the NZD, the JPY is one of the session’s top-performer....
Share: AUD/JPY trades within a descending trend channel line on the four-hour chart. The first resistance level to watch is 94.00; the initial support level is...