Currency markets are volatile and unpredictable. We help businesses mitigate risks to their cashflow by providing strategic support and analysis of all the latest trends from around the world.
Currency List
Currency List
Non EU
Forex
Forex
Forex
22
Dec
Dec
Japanese Yen stays firm amid safe-haven flows, intervention fears; lacks follow-through
The Japanese Yen (JPY) retains its bullish bias through the early European session on Monday, though it lacks bullish conviction amid a combination of diverging forces. Rising tensions between the US and Venezuela, along with concerns about renewed Israel-Iran conflict and persistent uncertainties stemming from the protracted Russia-Ukraine war, underpin the JPY’s safe-haven status. Furthermore, […]
22
Dec
Dec
Offshore Yuan Steady After PBoC Decision
The offshore yuan held steady to around 7.04 per dollar, hovering near a three-month high, as investors assessed the People’s Bank of China’s decision to keep loan prime rates unchanged. The central bank kept its one-year LPR at 3.0% and the five-year LPR at 3.5%, holding both at record lows for the seventh consecutive month […]
22
Dec
Dec
USD/CAD steadies near 1.3800 as Oil prices climb on supply fears
USD/CAD moves little after registering little gains in the previous session, trading around 1.3800 during the Asian hours on Monday. The pair may come under pressure as the commodity-linked Canadian Dollar (CAD) draws support from rising Oil prices, given Canada’s status as the largest Oil exporter to the United States (US). West Texas Intermediate (WTI) Oil […]
22
Dec
Dec
GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data
GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the United Kingdom (UK) Gross Domestic Product (GDP) for the third quarter. The British Pound may face headwinds as markets have fully priced in a […]
22
Dec
Dec
Australian Dollar holds gains following PBOC decision
The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Monday after the People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchanged. The one- and five-year LPRs were at 3.00% and 3.50%, respectively. Traders will likely focus on the Reserve Bank of Australia’s (RBA) Meeting Minutes due […]
22
Dec
Dec
Yen Rebounds on Intervention Signals
The Japanese yen rose to around 157 per dollar on Monday, rebounding from a four-week low hit in the previous session, as authorities signaled the possibility of intervention. Top currency diplomat Atsushi Mimura emphasized that officials would take “appropriate” action against excessive exchange-rate movements, reflecting concern over sharp, one-way trends. His comments followed remarks by […]
19
Dec
Dec
USD/INR remains on backfoot on RBI’s tentative boost to Indian Rupee
The Indian Rupee (INR) opens on a bullish note against the US Dollar (USD) on Friday. The USD/INR pair declines to near 90.30 as weakness in the US Dollar due to an unexpected slowdown in the United States (US) inflation has supported the Reserve Bank of India’s (RBI) tentative boost to the Indian Rupee. On Thursday, the […]
19
Dec
Dec
USD/CAD Price Forecast: Remains broadly sideways below 1.3800
The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by soft United States (US) Consumer Price Index (CPI) data for November. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six […]
19
Dec
Dec
EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold
The EUR/GBP cross trades on a flat note around 0.8760 during the early European session on Friday. This move follows the Bank of England’s (BoE) interest rate cut and market expectations for a steady European Central Bank (ECB) policy. The UK Retail Sales report for November will be in the spotlight later on Friday. The UK central […]
19
Dec
Dec
EUR/USD Price Forecast: Tests nine-day support near 1.1700
EUR/USD remains weaker for the fourth consecutive session, trading around 1.1720 during the Asian hours on Friday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains within the ascending channel pattern. Additionally, the 14-day Relative Strength Index (RSI) stands at 62.11, signaling firm positive momentum without overbought pressure. The […]
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