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.
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Currency List
Non EU
Forex
Forex
Forex
17
Nov
Nov
EUR/JPY slips near 179.50 after less disappointing Japan’s preliminary Q3 GDP data
EUR/JPY extends its losses for the second consecutive day after pulling back from a record high of 179.97 reached in the previous session, trading around 179.40 during the Asian hours on Monday. The currency cross remains subdued as the Japanese Yen (JPY) holds ground after the release of better-than-expected Japan’s Gross Domestic Product (GDP) data […]
17
Nov
Nov
EUR/USD falls to near 1.1600 due to fading Fed rate cut bets
EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) receives support from cautious remarks given by US Federal Reserve (Fed) officials, diminishing the likelihood of an interest rate cut in December. Kansas City Fed President Jeffery Schmid said on Friday that […]
17
Nov
Nov
GBP/USD weakens to near 1.3150 as BoE rate cut expectations grow on weak UK data
The GBP/USD pair declines to near 1.3155 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the US Dollar (USD) amid concerns about the UK’s fiscal debt and weak economic data from the UK. Bank of England (BoE) External Member Catherine Mann is set to speak later on Monday. The pound loses […]
17
Nov
Nov
USD/CAD holds gains near 1.4050 due to declining Oil prices
USD/CAD edges higher after registering modest losses in the previous session, trading around 1.4030 during the Asian hours on Monday. The pair advances as the commodity-linked Canadian Dollar (CAD) struggles amid lower crude Oil prices. West Texas Intermediate (WTI) Oil price retreats after posting more than 2% gains in the previous session, trading around $59.30 […]
17
Nov
Nov
Aussie Dollar Weakens on Stronger Greenback
The Australian dollar weakened to around $0.652 on Monday, reversing gains from the previous week as a stronger greenback weighed on the currency. The US dollar appreciated after Fed officials expressed doubts about the need for a December rate cut, with some dismissing the possibility outright. Markets now assign roughly a 46% chance of a […]
17
Nov
Nov
Yen Hovers Near 9-Month Low
The Japanese yen slipped to around 154.6 per dollar on Monday, staying close to its lowest level since February despite stronger-than-expected growth data. Japan’s economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The currency remains under pressure […]
17
Nov
Nov
New Zealand Dollar Weakens
The New Zealand dollar fell to around $0.565, giving back some of last week’s gains, as expectations of an imminent rate cut from the Reserve Bank overshadowed the US decision to roll back tariffs on Kiwi exports. Food prices declined for the second straight month, while the services sector remained in contraction, reinforcing expectations for […]
14
Nov
Nov
EUR/USD drifts away from highs despite positive Eurozone data
EUR/USD is trimming gains on Friday, following a seven-day rally and trades at 1.1615 at the time of writing, still on track for a 0.45% weekly appreciation. The fairly positive Eurozone Gross Domestic Product and the upbeat Trade Balance reports have failed to support the Euro, which has lost steam, weighed down by a negative market sentiment. Eurozone GDP has […]
14
Nov
Nov
Swiss Franc at 2011-Highs
The Swiss franc continued to appreciate toward 0.79 per USD, holding close to its highest since July 2011, boosted by safe-haven demand amid lingering global economic uncertainty despite the end of the US government shutdown. The currency also remained supported by expectations of accelerating domestic inflation. SNB officials have expressed confidence that inflation will increase […]
14
Nov
Nov
USD/CHF struggles near 0.7920 even as traders trim dovish Fed bets
The USD/CHF pair ticks down to near 0.7920 during the late Asian trading session on Friday. The Swiss Franc pair struggles to gain ground after revisiting an over three-week low of 0.7910 posted on Thursday. The pair is under pressure as the US Dollar (USD) underperforms even as traders have trimmed bets supporting an interest rate […]
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