EUR/USD pair gains ground to near 1.1535 The EUR/USD pair rose during the early Asian session on Friday. The US Dollar softened against the Euro following a softer-than-expected US inflation report. The US July Retail Sales data will be released later on Fr
The daily yuan reference rate will signal policy intent amid managed float rules and US dollar volatility. The People’s Bank of China is set to announce its daily USD/CNY reference rate around 0115 GMT, with market estimates centering on 6.7413. The fixing serves as a key
Japan may intervene at any yen level to support the currency Japan's former top currency diplomat Mitsuhiro Furusawa said the yen is too weak and hurting the economy. The yen had been drifting back to around 159.50 against the USD after intervention drove it as low as
The currency pair consolidates below its 50-day SMA after UK data and yen intervention fears curb fresh directional bets. The GBP/JPY pair traded flat near 215.00 on Thursday, down 0.02%, as investors hesitated to take new positions. Caution stemmed from potential FX marke
The AI leader’s annualized revenue pace has doubled since late 2025, driven by consumer and enterprise demand for generative AI tools. OpenAI’s annualized revenue run rate has reached $40 billion, marking a sharp acceleration from its pace in late 2025. The milestone refle
The Australian Dollar holds near 0.7060 as traders await insights from RBA Governor Michele Bullock on monetary policy. The Australian Dollar traded near 0.7060 against the USD, registering modest losses after US inflation data briefly pressured the Greenback. The AUD/USD
Softer US inflation data and mixed jobless claims prompt Fed rate hike repricing, while hawkish RBA signals support the Aussie. The Australian Dollar steadies around 0.7060 USD, posting a slight 0.01% dip as traders digest US inflation data and RBA commentary. US Producer
Nearly half of Japan’s historic 8.45 trillion Yen intervention to support the currency has been erased in seven trading sessions. The Dollar-Yen pair climbed to 159.50, erasing half the gains from Japan’s largest-ever currency intervention. The level sits midway between th
Britain’s June GDP rose 0.3% month-on-month, beating forecasts, but temporary factors drove the gain as GBP/USD holds near 1.3500. The British pound edged higher after UK GDP data showed a 0.3% monthly rise in June, exceeding expectations of no growth. The year-on-year rat
Softer US PPI data reduces expectations for a September Fed rate hike, lifting the euro against the dollar ahead of EU growth figures. The euro held above 1.1500 USD as US inflation data weakened expectations for a Federal Reserve rate hike in September. The Producer Price
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