
Chinese Yuan NEWS
*all rates are indicative market rates.
- EUR/JPY trades with mild losses, hovering around the 149.75 area. Data from the Euro zone showed a negative Gross Domestic Product revision to Q1 figu
- The EUR/USD had its best performance in weeks on Thursday on the back of a weaker US Dollar. The Greenback fell across the board following softer empl
- EUR/USD soars sharply past the 1.0750 area on Thursday after less stellar jobs data in the United States (US) weakened the US Dollar (USD). That said,
- "We felt it was necessary," said Bank of Canada Deputy Governor Paul Beaudry on Thursday regarding the 25 basis points rate hike announced on Wednesda
- The AUD/USD posted its highest daily close in almost a month, boosted by a weaker US Dollar and added to weekly gains. The slide of the USD further bo
- GBP/USD rallies above 1.2500 as labor market data from the United States (US) keeps investors expecting a pause on the Federal Reserve (Fed) hiking cy
- by Diego ColmanThe Bank of Canada's hawkish stance could weigh on USD/CAD in the near term, but the Fed could counter weakness if it embraces an aggressive stance at its June meeting next week.
- by Diego ColmanAfter a subdued performance on Wednesday, silver prices spring back to life, rallying more than 3% on Thursday, boosted by U.S. dollar weakness and falling yields.
- by Warren VenketasUSD/JPY is down 0.5% today on the back of strong Japanese GDP and US jobless claims. The Yen now looks to push away from the 140 handle.
- by Nick CawleyThe US dollar continues to trade sideways despite rising US Treasury yields and expectations of higher US rates in Q3. Next week’s economic calendar will steer the dollar’s short-term trajectory.
- by Richard SnowThe euro zone has technically entered a recession as downward revisions to both the Q4 2022 and Q1 2023 figures confirmed two consecutive quarters of negative growth
- by Zain VawdaSpot Gold faces continuous hurdles in an attempt to push higher. Could recessionary fears rekindle the safe havens appeal or is a freefall toward $1850/oz incoming?
- by IGAfter its huge run higher, the Nasdaq 100 has faltered, but the Dow and CAC40 are showing signs of strength
- by Warren VenketasGBP/USD is looking for a fundamental catalyst as it wades within a symmetrical triangle formation.
- Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian trading bias.
- Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
- Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.
- Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
- Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
- Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.