USD/CAD Price Analysis: Political Stability Restores Loonie
Canada’s new Finance Minister, Dominic Leblanc, took office, restoring political calm. The US economy grew by 3.1% in the fourth quarter. US jobless claims dropped more than…
British Pound Stabilizes as Retail Sales Edge Up
The British pound has steadied on Friday, after sliding 1.6% in the past two days. In the European session, GBP/USD is trading at 1.2510, down 0.10% on…
GBP/USD Outlook: Pound Slides as Rate Cut Bets Grow
Three BoE policymakers were ready to lower borrowing costs. Data revealed that UK retail sales missed forecasts, increasing by 0.2%. The US economy expanded by 3.1% in…
Japan’s Top FX Diplomat Mimura says will take appropriate action against excess FX moves
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, on Friday, warned against speculative moves on the foreign exchange (FX) market, adding…
Dollar Index Hits Two-Year High Against Forex Rivals as Rate Cut Outlook Settles — TradingView News
Key points: Dollar pops to 2-year high Forex markets digest Fed message Fed’s preferred inflation measure on deck Illustration by TradingView King dollar rules the forex board…
South Korea to Ease Rules for Banks to Improve Forex Liquidity Conditions
By Kwanwoo Jun South Korea decided Friday to ease capital-control rules for banks to allow easier access to overseas borrowings and thus improve foreign-exchange liquidity conditions. The…
South Korea to ease foreign exchange regulations, expand FX swap line
Kim Beom-seok, first vice minister of economy and finance, holds an emergency economic meeting, to announce measures to ease Korea’s forex regulations South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial market, a day after the…
Fed-inspired USD rally pauses, eyes on PCE inflation data
Here is what you need to know on Friday, December 20: After rising sharply on Wednesday, the US Dollar (USD) Index preserved its bullish momentum on Thursday…
USD/JPY Jumps Post-Fed: Can The Rally Sustain?
Key Highlights USD/JPY started a fresh surge above the 154.00 resistance. A key bullish trend line is forming with support at 154.50 on the 4-hour chart. EUR/USD…
FX option expiries for 20 December 10am New York cut
There are plenty of significant and massive expiries in play today, as highlighted in bold. The very much larger ones are for EUR/USD and the ones to…