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News
Kiwi Slides as RBNZ Caution Weighs Before Fed Decision
10+ hour, 3+ min ago (405+ words) The NZD/USD pair trades around 0.5790 in early Asian hours on Monday, with the New Zealand Dollar losing ground against the US Dollar. The move comes as investors continue to react to what has been perceived as a dovish rate…...
Kiwi Slides as Weak China Imports Hurt NZD/USD Recovery
6+ day, 9+ hour ago (324+ words) NZD/USD continues to edge lower for a third consecutive session, trading near 0.5850 during Asian hours on Tuesday. The New Zealand Dollar remains under pressure following the latest trade figures from China, New Zealand’s key export destination. China’s August Trade…...
Australian Dollar Holds Firm on China Trade Data Support
6+ day, 10+ hour ago (310+ words) TradingPedia Key Moments AUD/USD paused a four-session advance, trading near 0.7210 during Asian hours on Tuesday Chinaâs August Trade Balance came in at $119.09 billion, broadly matching forecasts and exceeding the prior $112.5 billion reading Westpacâs Consumer Confidence index fell…...
Canadian Dollar Firms as Oil Rally Offsets Fed Hike Bets
6+ day, 10+ hour ago (534+ words) USD/CAD continues to retreat for a second consecutive session, trading around 1.3800 during Asian hours on Tuesday. The pair weakens as the US Dollar (USD) slips, even as markets price in a higher likelihood of a Federal Reserve rate increase…...
Pound Edges Higher on UK Fiscal and Regulatory Reforms
6+ day, 10+ hour ago (476+ words) GBP/USD is trading near 1.3545 in early Asian dealings on Tuesday, with the British Pound gaining modestly against the US Dollar. The move comes after UK Chancellor John Healey introduced a package of measures aimed at bolstering economic activity and…...
PBOC Nudges Yuan Fix Higher as Daily Reference Rate Edges Up
6+ day, 11+ hour ago (285+ words) The People’s Bank of China (PBOC) set the USD/CNY central reference rate for Tuesday’s trading at 6.7804. This compares with the prior trading day’s official fixing of 6.7795 and a 6.7104 estimate reported by Reuters. The stated monetary policy goals of the…...
Pound-Yen Hits Multi-Week Low as BoJ Repricing Boosts JPY
1+ week, 4+ day ago (345+ words) The GBP/JPY pair remained under pronounced downside pressure for a second straight session, extending its decline to a three-and-a-half-week low in the Asian trading hours on Thursday. The cross traded in the 212.75-212.70 band, weighed down by a broadly stronger…...
Kiwi Dollar Climbs as Chinese Services Data Tops Forecasts
1+ week, 4+ day ago (358+ words) The New Zealand Dollar recovered ground against the US Dollar in early Asian trading on Thursday, with NZD/USD advancing to around 0.5860 and breaking a four-session losing run. The move higher followed stronger-than-expected Chinese services data, which supported the China-sensitive…...
Australian Dollar Steady as Trade Surplus Narrows
1+ week, 4+ day ago (355+ words) The AUD/USD pair is trading sideways during the Asian session on Thursday, unable to extend the prior day’s rebound from the 0.7120 area, which marked a nearly two-week low. The exchange rate is confined to a narrow range and is…...
Dollar-Yen Near July Highs as Bulls Hold Control
1+ week, 5+ day ago (449+ words) USD/JPY advanced to a new high since July 31 on Wednesday, before stalling and consolidating below the 160.50 mark during the Asian session. The pair has been extending a one-month-old uptrend, with momentum staying in favor of the bulls even as…...