News

The Bank of England (BOE) will hold a monetary policy meeting today. The Bank of England may signal that interest rates have now peaked. Over the past few months, the…

Yesterday, we expected USD/CNH to trade in the range of 7.2850-7.3150. USD/CNH then traded between 7.2895/7.3160. In early trading in Asia today, the US dollar/offshore RMB trend is strong and…

The NOK may find some support in the short term, but a longer-term recovery will depend on external factors. Norges Bank is widely expected to raise interest rates by 25…

During early European trading on Thursday, USD/CAD closed on the positive line for the second consecutive day. The pair’s recovery was supported by the hawkish stance of the Federal Reserve…

The Swiss National Bank (SNB) holds a meeting today. Swiss National Bank to raise policy rate by 25 basis points The Swiss National Bank is widely expected to raise its…

EUR/USD extended losses for the third consecutive day. During the Asian session on Thursday, spot prices fell to around 1.0640. As expected, the U.S. Federal Reserve (Fed) chose to keep…

The U.S. dollar (USD) strengthened late in U.S. trading on Wednesday as investors reacted to the Federal Reserve’s (Fed) hawkish pause in interest rate hikes, with the U.S. dollar index…

Yesterday we expected USD/JPY to trade within the 147.50/148.10 range. We were not expecting such extreme volatility, with the pair fluctuating between 147.46 and 148.36 before closing at 148.33 (+0.32%).…

The U.S. dollar index has been higher for a third straight session so far on Thursday, as market participants continue to assess that the Federal Reserve will remain on hold…

In Asia on Thursday, GBP/USD extended losses for the second consecutive day, falling to around 1.2320. The Fed maintained its hawkish stance, weighing on GBP/USD. As expected, the Federal Reserve…