Please fill out the form below and we will get back to you as soon as possible.
The Indian rupee fell to around 94.61 per dollar, retreating from more than two-month highs as rising oil prices and increased importer hedging demand pressured the currency. The rupeeโs recovery has lost momentum as companies lock in dollar requirements amid concerns over costlier crude. Brent crude neared $97 a barrel as escalating US-Iran tensions and […]
The offshore yuan held steady around 6.70 per dollar on Tuesday, remaining near its strongest level since January 2023, as strong trade data reinforced optimism over Chinaโs external demand. Exports climbed 25.0% year-on-year to USD 401.44 billion in August 2026, accelerating from 23.9% growth in July, while imports surged 28.2% year-on-year to USD 282.4 billion, […]
AUD/USD halts its four-day winning streak, trading around 0.7210 during Asian hours on Tuesday. The pair holds ground following the release Trade Balance data from China, Australiaโs close trading partner. China’s Trade Balance, in US Dollar (USD) terms, arrived at $119.09 billion for August, almost in line with $119.1 billion estimates, but higher than the […]
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the second straight day and drops to an over two-week low during the Asian session on Tuesday. The index currently trades around the 98.80 region, down 0.10% for the day, though it manages to hold […]
USD/CAD extends its losses for the second successive day, trading around 1.3800 during the Asian hours on Tuesday. Analysts at HSBC caution that, despite the recent improvement in sentiment around the Fedโs anti-inflation stance, broader structural issues have not disappeared. They highlight ongoing worries over US fiscal sustainability, noting that they โremain cautious about broader […]
The GBP/USD pair gains ground to near 1.3545 during the Asian trading hours on Tuesday. The British Pound (GBP) edges higher against the US Dollar (USD) after UK Chancellor John Healey unveiled a series of measures designed to encourage economic growth and draw more private investment into the UK. Healey promised to cut regulatory barriers to UK […]
John Healeyโs first speech as Chancellor has had a minimal effect on UK Gilt markets. The 2-year yield is up less than 2 basis points this morning, and the 10-year Gilt yield is up by 1bp, in line with the movement in yields elsewhere. Sterling is also up a notch, but overall, the new Chancellor […]
The yen continues its appreciation, which began on September 2. On a weekly basis, the Japanese currency has strengthened against the US dollar by over 3%. Figure 1: G10 Currency Performance (31.08.2026 – 07.09.2026) Source: XTB Research, 07.09.2026 Shift in Fundamentals? There are many indications that the move was not the result of direct market […]
USDJPY pair sets lowest levels since February, breaking through previous intervention levels from August The USDJPY pair recorded another dynamic drop today of over 1%, breaking through previous post-intervention lows (155.23) and the psychological barrier of 155.00, reaching the 154 level. The yen is at its strongest against the US dollar since February, even despite […]
The British Pound (GBP) is marginally higher at around 1.3525 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair ticks up as the US Dollar struggles to attract bids despite the United States (US) Bureau of Labor Statistics (BLS) posting strong Nonfarm Payrolls (NFP) figures for August. At press time, the […]
