This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
EUR/GBP strengthens to around 0.8565 in Wednesday’s early European session. UK CPI inflation declined to 2.6% YoY in March vs. 2.7% expected. The ECB is…
EUR/USD is supported by an improvement in global risk sentiment. The Euro could face headwinds as markets anticipate a 25 basis point rate cut by…
AUD/JPY attracts fresh sellers and retreats further from over a one-week high set on Tuesday. Trade uncertainties continue to weigh on investors’ sentiment and underpin…
GBP/USD reached a fresh six-month high at 1.3256 on Wednesday. Markets have largely priced in a 90% probability of a rate cut in May, according…
The Australian Dollar holds steady despite the release of a softer Westpac Leading Index on Wednesday. China’s GDP grew by 5.4% YoY in Q1, surpassing…
Euro (EUR) is quietly consolidating within a relatively tight range around 1.1350, Scotiabank’s Chief FX Strategist Shaun Osborne notes. EUR/USD’s rally is showing signs of…
GBP/USD Forecast: Pound Sterling ignores overbought conditions after UK data GBP/USD preserves its bullish momentum after posting gains for five consecutive days and trades at…
GBP/JPY moves higher to near 189.00 on the back of upbeat UK labor market data for three months ending February The escalating US-China trade war…
Here is what you need to know on Tuesday, April 15: The action in financial markets turns subdued early Tuesday as investors finally take a…