Disappointing Chinese retail sales and industrial output figures weigh on the New Zealand Dollar amid deep trade ties. The NZD/USD pair fell to 0.5895 in Asian trading Tuesday, pressured by weaker-than-expected Chinese economic data. China’s retail sales grew just 0.6% yea
Structural headwinds may outweigh near-term Fed hike expectations, pushing EUR/USD and GBP/USD higher by end-2027. The US dollar index ended July 1.5 points lower at 99.5 after fluctuating within a 0.5-point range, reflecting market indecision rather than resilience. Westp
XAG/USD declines amid geopolitical tensions and reduced Fed rate hike expectations, trading near $65.50 per ounce. Silver prices (XAG/USD) fell to near $65.50 per troy ounce in Asian trading on Tuesday, reversing two days of gains. The decline comes as prospects for a US-I
Canada’s July CPI rose to 3.0% YoY, exceeding forecasts, while crude prices support the Loonie against modest USD strength. The USD/CAD pair remains near 1.3870, unchanged on the day, as rising oil prices and stronger-than-expected Canadian inflation offset safe-haven USD
Cooler US inflation data reduces Fed rate hike bets, weakening the USD and lifting the British Pound ahead of key UK employment figures. The GBP/USD pair climbed to near 1.3550 in early Asian trading on Tuesday, extending gains as the US Dollar softened. Traders scaled bac
Cooler US inflation data reduces Fed rate hike bets, lifting GBP/USD ahead of key UK employment figures. The GBP/USD pair rose to near 1.3550 in early Asian trading as the US Dollar weakened. Cooler US inflation and retail sales data have trimmed expectations for a Federal
PBOC sets USD/CNY reference rate above Reuters estimate, signaling potential easing in currency support amid policy objectives. The People’s Bank of China set the USD/CNY reference rate at 6.7905 for Tuesday, weaker than Monday’s 6.7873 fix and above the 6.7452 Reuters est
The currency pair stabilizes around 1.1575-1.1580 as rising oil prices stoke inflation concerns, bolstering the USD. The EUR/USD pair remains steady near 1.1575-1.1580 during Tuesday’s Asian trading session, halting a modest recovery from its two-month low. Persistent infl
The People’s Bank of China sets the daily reference rate above market expectations, signaling potential yuan depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.7905, weaker than the Reuters estimate of 6.7452. The fix allows the yuan to t
Rising crude prices and geopolitical tensions bolster the USD, offsetting recent Fed rate hike doubts and capping EUR gains. The EUR/USD pair remains steady around 1.1575-1.1580 in early Asian trading, halting a pullback from its two-month high. A modest USD rebound, drive
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