Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
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SK Won Recovers Amid Market Stabilization Efforts
The South Korean won appreciated past 1,460 per dollar on Friday, rebounding from multi-month lows as policymakers moved to reassure…
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Offshore Yuan Weakens on Disappointing Data
The offshore yuan weakened to around 7.09 per dollar on Friday, retreating from a two-week high reached in the previous…
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New Zealand Dollar Set for Weekly Gain
The New Zealand dollar rose to $0.569 on Friday, heading for a weekly advance, supported by encouraging manufacturing data. The…
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Sterling Under Pressure Amid Disappointing UK Data
The British pound hovered around $1.31, near its seven-month low, and touched a two-and-a-half-year low against the euro, after weaker-than-expected…
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USD/CHF Has Little Reaction to Swiss PPI Data
07:30 AM BST, Switzerland – Inflation Data for October: PPI: actual -1.7% YoY; previous -1.8% YoY; PPI: actual -0.3% MoM; forecast -0.1% MoM; previous…
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Chart of The Day – AUD/USD
October data from the Australian labour market turned out to be much stronger than expected, with the unemployment rate falling…
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EUR/GBP holds positive ground above 0.8800 as UK economy slows to 0.1% in Q3
EUR/GBP strengthens to near 0.8835 in Friday’s early European session. UK preliminary GDP grew 0.1% QoQ in Q3 2025, weaker…
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Won Slides as Investor Caution and Outflows Weigh
The South Korean won depreciated to around 1,469 per dollar, reaching a seven-month low and nearing levels not seen since…
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Offshore Yuan Hits 2-Week High
The offshore yuan appreciated past 7.10 per dollar on Thursday, reaching its strongest level in two weeks as investors awaited…
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Indian Rupee Stuck Near Record Lows
The Indian rupee hovered around 88.6 per USD, trading in a tight range near all-time lows, after subdued inflation fueled…
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