China’s CPI inflation edges higher to 0.6% YoY in August vs. 0.7% expected
China’s Consumer Price Index (CPI) rose at an annual pace of 0.6% in August after reporting a 0.5% growth in July.
Market news & Insights
Read More
Japan’s Hayashi on rate hikes: Monetary policy should be considered, judged by BoJ
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Monday that the “monetary policy should be considered, judged by the Bank of Japan (BoJ)” when asked about market expectations of further rate hikes by the BoJ.
GBP/USD sticks to intraday gains, remains below mid-1.3100s amid modest USD uptick
The GBP/USD pair attracts some dip-buying during the Asian session on Monday and climbs back closer to mid-1.3100s in the last hour, though a combination of factors might cap any further gains.
PBOC sets USD/CNY reference rate at 7.0989 vs. 7.0925 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0989, as against Friday’s fix of 7.0925 and 7.0951 Reuters estimates.
EUR/USD holds ground below 1.1100, faces challenges due to rising odds of ECB rate cut
EUR/USD attempts to recoup losses from the previous session, trading near 1.1090 during Monday’s Asian session.
Gold price falls and end week below $2,500 ahead of US inflation data
Gold retreated after failing to test the all-time high of $2,531 and diving more than 0.80% late in the North American session.
NZD/JPY Price Analysis: Bears extend their control, aiming for 87.00
The NZD/JPY pair has maintained its bearish stance, extending the selloff that started in Tuesday’s session.
US Dollar held its ground after mixed NFPs
The US Dollar Index (DXY), a measure of the US Dollar against a basket of six currencies, recovered its footing on Friday after the release of August Nonfarm Payrolls (NFP) data came in mixed.
NZD/USD Price Analysis: Bearish bias emerges as pair plunges
The NZD/USD pair has been trading lacklusterly within a narrow range, but Friday’s sharp decline has shifted the technical outlook to bearish, at least for the short-term, shedding more than 0.80% at the end of the week.
Mexican Peso falls on concerns over judicial reform, ends week down over 1.40%
The Mexican Peso depreciated against the American currency on Friday after the US Nonfarm Payrolls (NFP) report spurred volatility in the bond market.