The USD/CHF pair trades 0.15% higher to near 0.7930 during the Asian trading session on Monday. The Swiss Franc pair gains as the US Dollar (USD) trades higher amid risk-off market sentiment, following the United States’ (US) strike on Venezuela and the capture of President Nicolas Maduro to face drug-trafficking charges in New York. At the […]
GBP/USD extends its losses for the second successive session, trading around 1.3420 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the 14-day Relative Strength Index (RSI) at 53 (neutral) has eased from near overbought, indicating that momentum has cooled while remaining above the midline. RSI holds above 50, […]
The EUR/JPY cross loses ground to around 183.65 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) on rising geopolitical tensions in Venezuela. The Eurozone Sentix Investor Confidence report will be released later on Monday. The US Army’s Delta Force attacked Venezuela and captured its President Nicolás Maduro, along with […]
The Japanese yen depreciated past 157 per dollar on Monday, hitting a two-week low even after Bank of Japan Governor Kazuo Ueda reiterated that the central bank will continue raising interest rates if economic and price projections materialize. His comments underscore growing confidence that Japan is moving beyond its long-standing deflationary period toward a more […]
The South Korean won depreciated to around 1,447 per dollar on Monday, retreating after a brief stabilization as investors weighed policy uncertainty following a major government restructuring and renewed geopolitical tensions. Market caution heightened after the government formally split the Ministry of Economy and Finance into two separate entities, which took effect on Friday, ending […]
The Australian dollar slid past $0.668 on Monday, extending losses from the previous week as renewed geopolitical tensions weighed on global risk sentiment. The commodity-heavy currency, used as a liquid proxy for global risk appetite, depreciated following the US capture of Venezuelan President Nicolas Maduro. The decline highlights how sensitive risk-linked currencies can be to […]
The New Zealand dollar weakened to around $0.576, hovering near a two-week low, as investors assessed the Reserve Bank of New Zealand’s policy outlook. The central bank has signalled that its easing cycle likely ended last year after delivering a cumulative 225 basis points of rate cuts, while also pushing back against expectations of a […]
The offshore yuan edged lower below 6.98 per dollar, but remained near its highest level since May 2023, as investors assessed the latest PMI figures for signs on the country’s economic outlook. A private survey showed China’s composite PMI remained expansionary for the seventh straight month, though services activity recorded its softest growth in six […]
The South Korean won held steady around 1,440 per dollar on the first trading day of 2026, as investors digested remarks from the Bank of Korea’s governor. BOK Governor Rhee Chang-yong said the won remains “misaligned” with economic fundamentals, warning that persistent depreciation could heighten inflation and weigh on domestic-oriented firms. He emphasized that the […]
The offshore yuan steadied around 6.97 per dollar on Friday, but traded at its strongest since May 2023, defying weaker central bank guidance as exporters continued selling dollars. The currency also recorded its largest annual gain since 2020, rising roughly 5% for 2025 to snap its three-year losing streak. The yuan’s rapid advance has prompted […]