USD

Offshore Yuan Extend Gains

The offshore yuan appreciated to around 7.12 per dollar on Monday, extending the previous session’s gains, driven by fresh policy…

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GBP/USD gains ground above 1.3400 as US PCE inflation data support Fed rate cut bets

GBP/USD gains traction around 1.3415 in Monday’s early Asian session. Softer US PCE inflation fueled confidence in further Fed monetary easing. …

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USD/CHF falls to near 0.7950, awaits updates on US government shutdown risks

USD/CHF loses ground as the Greenback extends its losses due to US government shutdown risks. The US August inflation report…

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NZD/USD strengthens above 0.5750 on growing risk of US government shutdown

NZD/USD gains momentum around 0.5770 in Monday’s Asian session. A possible government shutdown could undermine the US Dollar.  Analysts noted…

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EUR/USD gains above 1.1700 due to rising Fed rate cut bets

EUR/USD gains ground as the US Dollar weakens on increasing odds of further Fed rate cuts. US Personal Consumption Expenditures…

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USD/CAD remains below 1.3950 after pulling back from four-month highs

USD/CAD retreated after reaching a four-month high of 1.3958 on Friday. The US Dollar struggles as the August inflation report…

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Australian Dollar rises as US Dollar depreciates on Fed rate cut bets

Australian Dollar advances as RBA is widely expected to keep its interest rates unchanged on Tuesday. Australia posted a budget…

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Chart of The Day – EUR/USD

The euro is today the strongest G10 currency, rebounding about 0.15% against the dollar after two days of the deepest…

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Offshore Yuan Heads for Weekly Decline

The offshore yuan steadied around 7.14 per dollar on Friday but remained on course for substantial weekly losses amid a…

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GBP/USD stays near 1.3350 as traders adopt caution due to UK inflation risks

GBP/USD holds ground as the Pound Sterling steadies on the uncertain BoE policy stance. BoE’s Megan Greene signals caution on…

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