AUD/JPY struggles to build on a two-day-old recovery momentum from a multi-month trough. BoJ rate hike bets and rising trade tensions benefit the safe-haven JPY and weigh on spot prices. The US-China trade war supports prospects for further losses amid […]
Seems vulnerable near 93.00; bears might aim to challenge YTD low Read More »
The Japanese Yen snaps a two-day losing streak against the USD and recovers further from the weekly low. Concerns about Trump’s trade tariffs and hawkish BoJ expectations continue to act as a tailwind for the JPY. Fed rate cut bets
Japanese Yen consolidates in a range against USD, bullish potential seems intact Read More »
NZD/USD drifts lower on Wednesday amid a modest USD bounce from a multi-month low. China’s economic woes and escalating US-China trade tensions further undermine the Kiwi. Fed rate cut bets and a positive risk tone cap the USD and support
NZD/USD bulls remain on the defensive near 0.5700; focus remains on US CPI report Read More »
The Japanese Yen drifts lower against the USD for the second consecutive day on Wednesday. Concerns about Trump’s trade tariffs and a positive risk tone undermine the safe-haven JPY. The divergent BoJ-Fed policy expectations should limit any meaningful downside for
Japanese Yen sticks to intraday losses against recovering USD; lacks bearish conviction Read More »
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1733 as compared to Friday’s fix of 7.1705 and 7.2355 Reuters estimates. PBOC FAQs The primary monetary policy objectives of the
PBOC sets USD/CNY reference rate at 7.1733 vs. 7.1705 previous Read More »
The Japanese Yen is undermined by a combination of factors, though it lacks bearish conviction. A positive risk tone, tariff jitters, and rebounding US bond yields exert upward pressure on USD/JPY. BoJ rate hike bets and the narrowing US-Japan rate
Japanese Yen remains on the back foot; USD/JPY holds steady above 149.00 mark Read More »
Gold price gained some positive traction on Monday amid modest US Dollar weakness. Bets that the Fed will cut rates again undermine the USD and benefit the XAU/USD pair. Concerns about Trump’s tariff plans and a global trade war also
Gold sticks to positive bias on weaker USD, concerns over Trump’s tariff plans Read More »
Silver attracts some buyers near the 100-day SMA pivotal support on Friday. The setup favors support prospects for a breakdown below the said support. Any further move up could be seen as a selling opportunity and remain capped. Silver (XAG/USD)
XAG/USD defends 100-day SMA support near $31.15 area Read More »
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1738 as compared to the previous day’s fix of 7.1740 and 7.2873 Reuters estimates. PBOC FAQs The primary monetary policy objectives
PBOC sets USD/CNY reference rate at 7.1738 vs. 7.1740 previous Read More »
Gold price drifts lower as an uptick in US bond yields allows the USD to move away from a multi-month low. The uncertainty over Trump’s tariff plans and trade war fears should act as tailwinds for the XAU/USD pair. Bets
Gold price trades with modest losses; holds above $2,900 amid rising trade tensions Read More »
