Share: USD/MXN remains depressed for the third successive day on Monday. The mixed technical setup warrants some caution for bearish traders. Any further decline towards the...
Share: NZD/USD hovers around the 0.6000 mark, benefiting from a softer Greenback as US Treasury bond yields experience a decline. US inflation data reveals a 3.9%...
Share: USD/JPY recovers to around 149.40, gaining 0.12%, after US Core PCE data reveals a 3.9% YoY increase, below the anticipated 4%. Dovish stance from the...
Share: The upcoming week is expected to see the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) hold interest rates steady....
Share: EUR/USD trades at 1.0572, registering marginal gains of 0.06%, as softer German inflation data and US government shutdown fears impact prices. US Core PCE data...
Share: The AUD/USD has walked back all of the day‘s gains in Friday trading as the DXY sees resurgence. Friday sees the Aussie down over 1% against...
Share: The GBP/USD initially rose on Friday, but got knocked lower as the market broadly swept back into the US Dollar. The US Dollar index caught...
Share: EUR/JPY adds to Thursday’s advance and surpasses 158.00. Next on the upside comes the monthly peak at 158.65. EUR/JPY extends Thursday’s gains and reclaims the...
Share: DXY extends the correction to the 105.70/65 band. A deeper pullback should meet contention near 104.70. DXY adds to Thursday’s losses and briefly visits the...
Share: EUR/USD gathers further impulse and surpasses 1.0600. The immediate target for bulls emerges at the 1.0770 region. EUR/USD regains composure and extends the recovery beyond...
Share: The Euro gathers extra pace vs. the US Dollar. Stocks in Europe close Friday’s session with decent gains. EUR/USD reaches four-day highs near 1.0620. The DXY...
Share: Mexican Peso aims to recover further as Mexico’s central bank doesn’t foresee rate cuts. Mexico’s economic docket will report its Fiscal Balance on Friday. USD/MXN...
Share: USD/CNH risks a potential pullback to 7.2600 once it breaches 7.2800. comment UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia....
Share: FX option expiries for September 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0500 1.7b 1.0550 593m 1.0570 520m 1.0575 503m...
Share: EUR/GBP meets with a fresh supply on Friday and trades just above the weekly low. The disappointing German macro data undermines the Euro and exerts...
Share: Japan Finance Minister Shun’ichi Suzuki reiterated this Friday the government will take action against the recent decline in the Japanese Yen (JPY), which remains depressed...
Share: EUR/USD fails to attract any follow-through buying and oscillates in a range on Friday. Bets that any further ECB rate hikes may be off the...
Share: During the Asian session, Japan will release critical economic reports including the September Tokyo Consumer Price Index, the August Unemployment Rate, Industrial Production, Retail Sales,...
Share: The Mexican Peso hovers around 17.60s on hawkish Bank of Mexico hold. Banxico upward revised its inflation forecasts in 2024 from 3.57% to 3.875%. The...
Share: Further range bound trade remains likely in USD/CNH for the time being, comment Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at...