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
USD
USD
USD
27
Nov
Nov
Offshore Yuan Retreats on Weak Fixing
The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following the People’s Bank of China’s first weaker-than-expected fixing in months. The central bank set the daily midpoint at 7.0779 per dollar, softer than Reuters’ forecast of 7.0733. This marked the first downside surprise in the […]
26
Nov
Nov
GBP/USD rises to near 1.3200 ahead of UK Autumn Budget
GBP/USD continues its winning streak for the fifth consecutive day, trading around 1.3190 during the Asian hours on Wednesday. Traders await the UK Chancellor of the Exchequer, Rachel Reeves, to deliver the Autumn Budget later in the day. The British Finance Minister Rachel Reeves is expected to unveil tens of billions of pounds in new […]
26
Nov
Nov
USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase
USD/CNH extends its losses for the fourth consecutive day, reaching a 13-month low of 7.0782 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) comes under pressure, with softer United States (US) economic data boosting expectations of a Federal Reserve (Fed) rate cut in December. The CME FedWatch Tool suggests that markets […]
26
Nov
Nov
Australian Dollar rises as CPI beats forecasts, RBA policy in focus
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, extending its gains for the fourth successive session. The AUD/USD pair holds ground after the Australian Bureau of Statistics (ABS) released the first “complete” monthly Consumer Price Index (CPI), which climbed by 3.8% year-over-year (YoY) in October. The reading surpassed the market consensus […]
26
Nov
Nov
Japanese Yen retreats from one-week top against weaker USD; downside seems limited
The Japanese Yen (JPY) retreats from a one-week top, touched against a broadly weaker US Dollar (USD) during the Asian session on Wednesday, though the downside seems limited. Despite reports that the Bank of Japan (BoJ) is ramping up rate hike messaging, the prospect for further policy tightening in December or January is still finely […]
26
Nov
Nov
USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD
The USD/CHF pair is seen extending the previous day’s pullback from a nearly three-week top – levels just above the 0.8100 mark – and losing ground for the second straight day on Wednesday. The slide is sponsored by the prevalent US Dollar (USD) selling bias and drags spot prices to mid-0.8000s, closer to the lower […]
25
Nov
Nov
GBP/USD inches lower to near 1.3100 as UK Gilts tick down
GBP/USD loses ground after three days of gains, trading around 1.3100 during the Asian hours on Tuesday. The Pound Sterling (GBP) came under pressure as UK 10-year Gilt yields edged lower to 4.54%, with investors awaiting the November 26 budget. Finance Minister Rachel Reeves is expected to find tens of billions of pounds to meet […]
25
Nov
Nov
USD/CHF clings to gains near 0.8100, multi-week top amid bullish USD and risk-on mood
The USD/CHF pair attracts some dip-buying during the Asian session on Tuesday and currently trades just below the 0.8100 mark, or a nearly three-week high touched the previous day. The mixed fundamental backdrop, however, warrants some caution before positioning for an extension of a nearly two-week-old uptrend from the 0.7880-0.7875 region. The recent data showed that […]
25
Nov
Nov
Yen Edges Up on Intervention Watch
The Japanese yen rose to around 156.6 per dollar on Tuesday, recovering losses from the previous session amid speculation that authorities could intervene to curb the currency’s decline. On Sunday, Takuji Aida, an adviser to Prime Minister Sanae Takaichi, said Tokyo is prepared to actively intervene in currency markets to offset the negative economic effects […]
25
Nov
Nov
Won Rises on Fed Rate-Cut Expectations, Domestic Growth Signals
The South Korean won appreciated to around 1,471 per dollar on Tuesday, rebounding from multi-month lows as expectations of a Federal Reserve interest rate cut grew, with investors awaiting the latest US economic data for signals on upcoming policy decisions. Domestic developments also bolstered sentiment, as the Bank of Korea prepares for Thursday’s rate-setting meeting. […]
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