Category: Forex

Chinese Yuan: Activity data and PBOC stance guide FX – ...

MUFG’s Asia FX Weekly highlights that China’s July activity indicators, following weak Q2 GDP, will be central for the Chinese Yua...

EUR/USD Price Forecast: 100-Day SMA blocks bullish reve...

The EUR/USD pair registers gains of over 0.32% on Friday as traders face key resistance at the 100-day Simple Moving Average (SMA)...

Ethereum Price Forecast: Derivatives interest remains c...

Ethereum (ETH) derivatives interest has been ranging sideways over the past week after a mild flip in seller dominance.

Which retail sales number is the consumer?

US retail and food services sales are 5% higher than a year ago, which reads like a consumer in reasonable health. Nearly a quarte...

Chinese investment demand was resilient in Q2 despite r...

Despite gold trading sideways in the second quarter after its big price correction in the first, Chinese physical gold investment ...

Japanese Yen holds as soft US data meets a weak Yen

USD/JPY is holding near 159.40 at the time of writing, with little change on the day. A weak United States (US) Consumer Sentiment...

US Dollar Weekly Forecast: Fed hawks circle, but weak d...

It was a strange week for the US Dollar (USD): while the geopolitical situation has remained largely unchanged, with the usual bac...

USD/CAD Price Forecast: Bears target the 200-day SMA

USD/CAD extends its decline farther below 1.4000 on Friday and heads for a third consecutive weekly loss. At the time of writing, ...

The Dollar Index breaks on the fourth consecutive soft ...

The Dollar Index took a payroll contraction on August 7, a cooler consumer price reading on August 12 and a flat producer price re...

Singapore Dollar: Consolidation near 1.28 with upside r...

OCBC’s Sim Moh Siong and Christopher Wong note USD/SGD is consolidating around 1.28 as softer United States (US) Producer Price In...

USD/CHF Price Forecast: Bearish flag holds as bulls eye...

The USD/CHF turns negative on the day, snapping a four-day winning streak, yet it remains above 0.8100, suggesting further upside ...