Category: Trading
Silver Price Forecast: XAG/USD tests the $55 floor as s...
Silver (XAG/USD) extends its decline on Thursday as the US Dollar (USD) rebounds and US Treasury yields stabilize following a two-...
European Union: Trade tools and China rebalancing – Sta...
Standard Chartered analysts Christopher Graham and Carol Liao discuss how the European Union is seeking to rebalance its trade rel...
Euro falls as strong US jobless claims support US Dolla...
EUR/USD trades lower near the 1.1440 area on Thursday, retreating around 0.2% as the US Dollar (USD) gains support from stronger-t...
Chinese Yuan: Gradual gains with capped upside against ...
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNY has extended its decline on softer United States (US) Consum...
Mexican Peso drops as risk aversion underpins the US Do...
The Mexican Peso depreciated by about 0.30% on Thursday as market participants turned risk-averse amid an escalation of the Middle...
Singapore Dollar: Further upside risk builds against US...
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD downside momentum has intensified after a sharp intr...
Forex Today: US Dollar rises on resilient labor data, w...
The US Dollar Index (DXY) rises toward 100.80, gaining around 0.3% as stronger-than-expected United States labor-market data suppo...
USD/CHF Price Forecast: Swissie rebounds at 0.8042 supp...
The USD/CHF reversed course, rising by over 0.40% late Thursday as the Greenback staged a recovery amid overall risk aversion, hei...
Thai Baht: Overvaluation points to weakness against US ...
MUFG’s Lloyd Chan notes that softer US inflation data has weakened the Dollar and lowered Fed rate hike expectations, but USD/THB ...
South Korean Won: Hawkish BoK and equity correction sup...
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Korean Won (KRW) is outperforming, supported by a hawkish 25 bps Bank of Ko...
Chinese Yuan: Upside bias toward 6.7600 against US Doll...
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that USD/CNH downside momentum continues to build after the ...
GBP/JPY Price Forecast: Retreats from 18-year high, str...
The GBP/JPY retreats some 0.34% on Thursday after the pair reached a new 18-year high of 219.62 on Wednesday. Nevertheless, at the...
