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
01
Dec
Dec
GBP/USD flat lines near 1.3250 amid UK budget relief
The GBP/USD pair holds steady near 1.3245 during the Asian session on Monday as traders continue to digest the UK’s Autumn Budget. The potential downside for the major pair might be limited due to the rising expectations of a Federal Reserve (Fed) interest rate cut in the December meeting. The US November ISM Manufacturing Purchasing Managers Index (PMI) […]
01
Dec
Dec
Japanese Yen climbs to over one-week top vs USD amid divergent BoJ-Fed expectations
The Japanese Yen (JPY) jumps to a one-and-a-half-week top against a broadly weaker US Dollar (USD) during the Asian session on Monday. The latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda reaffirmed bets for an imminent interest rate hike, pushing Japanese government bond (JGB) yields to their highest levels in years. The resultant narrowing of […]
01
Dec
Dec
USD/CAD rebounds above 1.3950 despite upbeat Canadian GDP data
The USD/CAD pair recovers some lost ground to around 1.3980 during the Asian trading hours on Monday. The potential upside might be limited amid rising bets of a US Federal Reserve (Fed) rate cut this month. Traders brace for the US November ISM Manufacturing Purchasing Managers Index (PMI) report later on Monday for fresh impetus. Investors ramp up expectations […]
28
Nov
Nov
Chart of The Day – EUR/USD
The euro–dollar pair is pulling back toward the 1.157 area today ahead of Germany’s inflation data, which will be released at 2:30 p.m. Yesterday’s ECB minutes had a fairly hawkish tone, with the bank signaling a pause in rate cuts. On the other hand, recent data from the United States continue to show persistent resilience […]
28
Nov
Nov
Offshore Yuan Set for Monthly Gains
The offshore yuan steadied around 7.07 per dollar on Friday, remaining on track for monthly gains as a weakening US dollar supported the currency. The greenback declined as markets increased expectations for a further Federal Reserve rate cut in December, with futures now pricing in an 87% probability of a 25-basis-point reduction. Meanwhile, the People’s […]
28
Nov
Nov
US Dollar Index hovers around 99.50, downside appear amid dovish Fed stance
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after three days of losses and trading around 99.60 during the Asian hours on Friday. However, the US Dollar (USD) could further lose amid rising odds of Federal Reserve (Fed) rate cut bets in December. Traders […]
28
Nov
Nov
GBP/JPY retreats from YTD peak, trades below 207.00 amid modest JPY uptick
The GBP/JPY cross attracts some intraday sellers following an Asian session uptick to the 207.20 area, or a fresh high since July 2024, and turns lower for the second straight day on Friday. The downtick, however, lacks bearish conviction, with spot prices holding above mid-206.00s and remaining on track to register strong gains for the […]
28
Nov
Nov
When are the German Retail Sales and how could they affect EUR/USD?
The German Retail Sales Overview The Federal Statistics Office of Germany, Destatis, will publish the Retail Sales report on Friday at 07:00 GMT. Germany’s Retail Sales are expected to remain consistent at a 0.2% increase month-over-month (MoM) in October. The annual Retail Sales are also anticipated to remain consistent at 0.2%. How could the German […]
28
Nov
Nov
EUR/JPY Bullish outlook prevails above 181.00
The EUR/JPY cross trades in negative territory near 181.05 during the early European session in Friday. The Japanese Yen (JPY) edges higher against the Euro (EUR) amid some verbal intervention from Japanese authorities. Traders brace for the release of Germany’s Retail Sales and Consumer Price Index (CPI) inflation data, which will be released later on Friday. In […]
28
Nov
Nov
Japanese Yen struggles for a firm intraday direction; USD/JPY benefits from USD uptick
The Japanese Yen (JPY) struggles to attract any meaningful buyers despite higher than forecast Tokyo consumer inflation data, which backs the case for a further policy tightening by the Bank of Japan (BoJ). Cautious signals from BoJ policymakers indicate that rate normalization will be gradual, forcing investors to reassess expectations for the next policy move. […]
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