It is still early days and there's a lot of progress to be made, but there is hope that the People's Bank of China's (PBoC's) ...
EUR/USD stays defensive below 1.0950 in European trading on Monday. Broad risk aversion, amid the escalating geopolitical tensions in the Middle East and conflicts between China and Taiwan, underpin ...
Among the G10 currencies, the Australian dollar often acts as the China proxy is off more than 0.25%. The US dollar is mostly firmer, through mostly consolidating. The Canadian dollar is a notable ...
Apart from rocking the Pound Sterling (GBP), Britain's inflation data will likely shape expectations for the European Central ...
The Reserve Bank of New Zealand chopped interest rates by 50 basis points last week, as the weak economy is in danger of ...
The New Zealand Dollar (NZD) is likely to consolidate in a range of 0.6065/0.6115. In the longer run, oversold weakness has ...
Gold (XAU/USD) recovers to trade back in the $2,660s on Monday amid rising safe-haven demand after saber-rattling by the ...
USD/JPY has a downside bias if it consolidates in a 145-150 range, DBS’ FX analyst Philip Wee notes.
The US Dollar (USD) edges up slightly at the start of the week with several parts of the US markets closed for Columbus Day. Despite the bank holiday, three Federal Reserve (Fed) members are due to ...
The Australian Dollar (AUD) is likely to trade in a sideways range of 0.6710/0.6760. In the longer run, bias for AUD remains on the downside; a clear break below 0.6700 would suggest further decline, ...
Traders sell the Euro ahead of the expected cut at the ECB policy meeting on Thursday.
The Pound Sterling (GBP) is likely to decline; the major support at 1.3000 is probably out of reach. In the longer run, there has been no further increase in momentum; a breach of 1.3125 would suggest ...