USD/MXN pulled back from its recent gains, trading as low as 18.0160 during Monday’s Asian session. USD/MXN faces challenges following the release of a weaker-than-expected preliminary reading of the U.S.…
© 2023 Copyright fxcurrencyconverter.com
-
-
During Monday’s Asian trading session, the GBP/USD erased recent losses and traded higher around the 1.2150 level. The challenge for the GBP/USD may be due to changes in discussions regarding…
-
The USD/CHF remains under selling pressure above the 0.9000 level in early Asian trading on Monday. USD/CHF losses have been supported by dollar weakness and falling US Treasury yields amid…
-
The USD/JPY saw some bargain hunting near the 149.35-149.30 level during Monday’s Asian session, but lacked follow-through orders and still ran into resistance from last Friday’s one-and-a-half-week high. The U.S.…
-
The People’s Bank of China (PBOC) kept the one-year interest rate on the medium-term lending facility (MLF) unchanged at 2.50% on Monday. The People’s Bank of China kept the seven-day…
-
The NZD/USD has attracted some bulls in early Asian trading on Monday. Investors are awaiting New Zealand’s Consumer Price Index (CPI) data due later on Monday. New Zealand’s CPI is…
-
The USD/CAD struggled to gain any significant momentum on Monday, trading in a tight range around the 1.3650 level during the first half of the European session. The U.S. Dollar…
-
EUR/USD opened higher on Monday, recovering some of the losses it suffered after hitting a new one-week low on Friday, and is now trading just below the psychological 1.0500 level.…
-
The AUD/USD was still on the defensive in early Asian trading on Monday. Risk sentiment dominated AUD/USD ahead of Tuesday’s release of US Retail Sales and Reserve Bank of Australia…
-
Pan Gongsheng, Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange, spoke at the International Monetary Fund meeting in Morocco last weekend. Positive…