January 17, 2025 at 10:31AM Fundamental Overview The USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after....
January 17, 2025 at 09:46AM Fundamental Overview The USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after....
January 17, 2025 at 08:59AM Fundamental Overview The USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after....
January 17, 2025 at 08:24AM Fundamental Overview The USD has been unusually resilient this week despite lots of negative catalysts. The US PPI and Core CPI came in on the softer side which saw the market increasing the easing expectations from 24 bps before the data to 37 bps after....
January 17, 2025 at 02:22AM In a research note UOB Global Economics & Markets Research says USD/JPY may fall to 151.80, the bottom of their weekly Ichimoku cloud. Also: daily moving average convergence divergence indicator shows clear bearish divergence, similar to the divergence seen during the pullback to 148.63 last...
January 17, 2025 at 01:16AM The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a...
January 17, 2025 at 12:21AM People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
January 16, 2025 at 10:40PM TD say the U.S. dollar is expected to maintain a strong performance through the first half of the year, supported by a favorable macroeconomic backdrop. The bank’s quantitative and macroeconomic framework remains bullish on the dollar relative to G10 currencies, even as short-term positioning and...
January 16, 2025 at 07:55PM THe USDCHF felll sharply after yesterday’s US CPI and in the process fell below its 200 hour moving average (green line on the chart below currently at 0.9119). However, the momentum could not be sustained, and a snapback rally ensued with the price moving back...
January 16, 2025 at 06:13PM The AUDUSD started the day today testing the high from yesterday at 0.6257 and finding willing selllers. The double-top increases the levels importance today and going forward. If the buyers are to take more control, getting and staying above that level is required. Meanwhile, seller...
