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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…

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…

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…

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…

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…

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…

USD/JPY was trading around the psychological level of 149.10 in Asia on Wednesday, hovering just below its high since November. The market cautiously increased U.S. bond yields, supporting the dollar…

The U.S. dollar index consolidated after breaking through the 106.00 mark The Fed’s “longer-term interest rate hike” argument supports the U.S. dollar index Weekly mortgage applications and durable goods orders…

Yesterday we believed that “downside risks to GBP are limited.” We expected it to trade in the 1.2170/1.2245 range. Contrary to range trading, GBP fell to a low of 1.2154.…

USD/CNH hovers around 7.3125 after Chinese data China Conference on Chamber of Commerce Consumer Confidence Index rose to 103.0 in September from the previous value of 108.7 China’s industrial profits…