The South Korean won appreciated past 1,460 per dollar on Friday, rebounding from multi-month lows as policymakers moved to reassure markets and address volatility in the foreign exchange market. Investor sentiment was lifted after senior economic officials convened an emergency policy meeting, signaling a readiness to deploy a wide range of tools and to work […]
Forex
Forex
Forex
14
Nov
Nov
Offshore Yuan Weakens on Disappointing Data
The offshore yuan weakened to around 7.09 per dollar on Friday, retreating from a two-week high reached in the previous session as disappointing economic data weighed on market sentiment. Fixed-asset investment fell 1.7% year-on-year in January–October 2025, a sharper decline than both market expectations and the previous month’s reading. In addition, industrial output eased to […]
14
Nov
Nov
New Zealand Dollar Set for Weekly Gain
The New Zealand dollar rose to $0.569 on Friday, heading for a weekly advance, supported by encouraging manufacturing data. The country’s manufacturing sector expanded for a fourth straight month in October, driven by rising new orders and improved demand. The kiwi also benefited from a weaker US dollar as investors worry that the upcoming release […]
13
Nov
Nov
USD/CHF Has Little Reaction to Swiss PPI Data
07:30 AM BST, Switzerland – Inflation Data for October: Producer inflation data in Switzerland came in noticeably weaker than expected on MoM basis. Although the Swiss franc did not initially react much to the release, over the past hour there has been a significant pullback in the USDCHF pair. Source: xStation The material on this page does not constitute […]
13
Nov
Nov
Cart of The Day – AUD/USD
October data from the Australian labour market turned out to be much stronger than expected, with the unemployment rate falling to 4.3% against a forecast of 4.4%. Even more impressive is the increase in jobs – 42,200 new positions, twice as many as the average forecast. The Reserve Bank of Australia would like to see […]
13
Nov
Nov
EUR/GBP holds positive ground above 0.8800 as UK economy slows to 0.1% in Q3
The EUR/GBP cross gains ground to around 0.8835 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data. The Eurozone Industrial Production report for September will be published later on Thursday. Data released by the Office for National Statistics (ONS) on Thursday showed that the UK economy […]
13
Nov
Nov
Won Slides as Investor Caution and Outflows Weigh
The South Korean won depreciated to around 1,469 per dollar, reaching a seven-month low and nearing levels not seen since March 2009. Governor Rhee Chang-yong indicated on Wednesday that policymakers stand ready to act should market volatility intensify. However, he played down recent losses, suggesting the market is overly reactive to global factors such as […]
13
Nov
Nov
Offshore Yuan Hits 2-Week High
The offshore yuan appreciated past 7.10 per dollar on Thursday, reaching its strongest level in two weeks as investors awaited the release of key economic indicators scheduled tomorrow. Among the forthcoming data, retail sales are expected to decelerate for the fifth consecutive month, marking the longest stretch of slowing consumption growth since the post-COVID recovery […]
13
Nov
Nov
Indian Rupee Stuck Near Record Lows
The Indian rupee hovered around 88.6 per USD, trading in a tight range near all-time lows, after subdued inflation fueled expectations of a December rate cut. India’s retail inflation slumped to 0.25% in October, the lowest on record and well below the RBI’s 2%-6% tolerance band for a second consecutive month. This gives the central […]
13
Nov
Nov
AUD/JPY revisits yearly high near 101.60 after upbeat Australian employment data
The AUD/JPY pair revisits the yearly high around 101.60 during the late Asian trading session on Thursday. The pair strengthens as the Australian Dollar (AUD) outperforms its peers, following the release of the Australian labour market data for October, published earlier in the day. Australian Dollar Price Today The table below shows the percentage change […]
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