The Canadian Dollar holds gains against a softer US Dollar, reversing two days of losses amid improved market sentiment. USD/CAD declined to around 1.3660 during Asian trading hours on Friday, retreating from two consecutive days of gains. The move follows a broad weakenin
PBOC sets USD/CNY reference rate above Reuters estimate, signaling potential easing amid economic growth concerns. The People’s Bank of China set the USD/CNY reference rate at 6.8502, weaker than the prior day’s 6.8487 fix and above the 6.8138 Reuters estimate. The adjustm
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 6.8502, compared with a market estimate of 6.8138. The fix allows the yuan to tr
USD/JPY pair flat lines around 157.00 The Japanese Yen has steadied following another intervention by Japanese authorities. The USD/JPY pair is currently trading around 157.00 during the early Asian session. Traders are waiting on the sidelines ahead of the
China’s central bank daily yuan reference rate influences trading within a 2% band, signaling policy intent amid market pressures. The People’s Bank of China is poised to set its USD/CNY reference rate at approximately 6.8138, a key benchmark for the yuan’s daily trading r
The currency pair climbs as geopolitical optimism offsets caution ahead of key US jobs data later today. The EUR/USD pair advanced to 1.1730 in early Asian trading, extending gains above 1.1700. Sentiment improved on reports of progress toward a US-Iran peace agreement, ea
Optimism over a potential US-Iran peace deal lifts the euro, while traders brace for April US jobs data due later today. The EUR/USD pair climbed to 1.1730 in early Asian trading Monday, driven by optimism around a possible US-Iran peace agreement. Reports indicate Iran is
AI bull market has one to two years left to run Paul Tudor Jones estimates the AI productivity cycle is roughly 50 to 60 percent complete. He warns that a further 40 percent rally in equities could push the market-to-GDP ratio to 300 to 350 percent, setting up breatht
AUD/USD slips from multi-year highs as Aussie trade slumps and Dollar bounces AUD/USD edged about 0.2% lower on Thursday to around 0.7205, easing back from a multi-year peak just shy of 0.7280 reached earlier in the...
AUD/USD edged about 0.2% lower on Thursday to around 0.7205, easing back from a multi-year peak just shy of 0.7280 reached earlier in the session.
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