Category: Forex News

GBP/USD falls around 1.3330 on Monday, losing 0.25% for the day at the time of writing. The US Dollar (USD) strength limits any rebound in the pair, despite a generally risk-off market…

The British Pound (GBP) is treading water against the Japanese Yen (JPY) on Monday, as investors weigh renewed political uncertainty in Japan against lingering fiscal and monetary headwinds in the United Kingdom…

Speaking in an interview with Fox Business on Monday, US Treasury Secretary Scott Bessent emphasized that while the US is prepared to respond forcefully to China’s export restrictions, the imposition of 100%…

Analysts at UOB Group, Quek Ser Leang and Peter Chia, expect the US Dollar (USD) to remain range-bound against the Chinese Yuan (CNH) in the near term, following recent volatile price action….

The Euro (EUR) is under pressure at the start of the week, retreating below the 1.1600 mark against the US Dollar (USD) as investor sentiment turns cautious. At the time of writing,…

The Canadian Dollar remains under pressure just below the 1.4000 mark as investors await the release of Canada’s September Labour Force Survey, due Friday at 12:30 GMT. Market consensus anticipates a modest…

USD/CNH is likely to remain range-bound in the near term, with expected movement between 7.1200 and 7.1550, according to UOB Group FX strategists Quek Ser Leang and Peter Chia. Short-Term Outlook (24-Hour…

The British Pound (GBP) continues to underperform against major currencies, hitting a fresh two-month low near 1.3280 against the US Dollar (USD) during Friday’s European session. The decline is driven by growing…

The EUR/GBP pair is trading higher for a second consecutive day, currently around 0.8710, up 0.20% on the day. The Euro is supported by the European Central Bank’s (ECB) steady policy stance,…

The New Zealand Dollar (NZD) remains under bearish pressure, with further declines expected in the near term. However, analysts at UOB Group, Quek Ser Leang and Peter Chia, believe that the key…