USD

South Korean Won Strengthens on FX Swap Talks

The South Korean won rose to around 1,400 per dollar on Thursday, rebounding notably from recent lows as optimism built…

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Offshore Yuan Rebounds on PBoC Fixing

The offshore yuan rose to around 7.13 per dollar on Thursday, paring back significant losses from the previous session, after…

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USD/CAD holds gains near 1.3850 amid increased risk aversion

USD/CAD appreciates as market sentiment weakens following fresh Trump tariff threats on Russia. Trump also condemned European nations for purchasing…

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GBP/USD softens to near 1.3500 on weaker UK PMI data

GBP/USD loses traction to around 1.3510 in Wednesday’s early European session. UK S&P Global Composite PMI declined to 51.0 in…

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JPY weakens further against a broadly firmer USD; downside seems cushioned

The Japanese Yen drifts lower in reaction to the disappointing Japan Manufacturing PMI. A modest USD uptick further contributes to…

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USD/CHF trades calmly around 0.7920, SNB’s interest rate policy comes under spotlight

USD/CHF consolidates around 0.7920 as the US Dollar trades calmly after Fed Powell’s speech. Fed Powell signals caution on reducing…

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Offshore Yuan Weakens

The offshore yuan weakened to around 7.11 per dollar on Wednesday, snapping a two-session winning streak as cautious remarks from…

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South Korean Won Falls Amid Tariff Concerns and Firm Dollar

The South Korean won fell to around 1,394 per dollar on Wednesday, extending losses from the previous session as investors…

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EUR/USD pulls back from highs ahead of Eurozone business activity data

The Euro trims Monday’s gains, retreating below 1.1800 after hitting 1.1820 highs. Eurozone flash PMIs are expected to show that…

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USD/CAD holds gains near 1.3850 amid lower Oil prices

USD/CAD appreciates as the commodity-linked CAD struggles on declining Oil prices. WTI prices edge lower as rising oversupply concerns ease…

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