In Asia on Thursday, USD/MXN continued its upward momentum on Monday, trading around 17.7110. Maintaining risk aversion, higher U.S. bond yields and improving economic data boosted USD/MXN. The U.S. dollar…
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USD/CAD extended its overnight pullback from a one-and-a-half-week high near 1.3500 on Thursday, facing some selling pressure for a second day in a row. USD/CAD continued to fall in Asia,…
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In early Asian trading on Thursday, EUR/USD lost momentum near 1.0500. A stronger dollar, better U.S. economic data and rising U.S. bond yields weighed on EUR/USD. EUR/USD is currently trading…
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In early Asian trading on Thursday, NZD/USD remained on the defensive, encountering resistance at mid-range 0.5900. A stronger U.S. dollar and rising U.S. bond yields boosted NZD/USD. NZD/USD is currently…
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In early Asian trading on Thursday, gold prices were still facing selling pressure. A stronger U.S. dollar and rising U.S. bond yields supported gold’s decline. Gold prices are currently trading…
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USD/JPY surged to 149.50 in early Asian trade on Thursday. USD/JPY was boosted by rising U.S. bond yields, upbeat U.S. economic data and maintaining risk aversion in the market. At…
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USD/CAD jumped short and opened higher on Wednesday to 1.3543, as the market maintained risk aversion and good U.S. data made the U.S. dollar (USD) fully sought after by the…
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Sterling (GBP) extended its five-day losing streak as investors expect the UK economy to slip into recession due to deteriorating labor market conditions and poor demand prospects. The GBP/USD pair…
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We highlighted yesterday that “USD/CNH still has room to rise, but it is unlikely to threaten the main resistance level of 7.3400”. Our expectations did not materialize, with USD/CNH trading…
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Over the past two trading days, we have seen USD/SEK and EUR/SEK fall sharply twice on Monday and shortly after 09:00 GMT on Tuesday. Today we will be keeping a…