By FXStreet Chinese data continues to improve, with today’s Caixin services PMI coming at 52.2 vs 51.2 last, while China’s services PMI composite was 51.3 vs prior 49.4.
By FXStreet MNI quoting traders, China PBOC injects CNY30 billion via 7-day reverse repos. For more information, read our latest forex news. …read more Source:: FX Street
By FXStreet Following a relatively positive start of trading in Tokyo, which saw USD/JPY edge higher towards 110.50, renewed selling pressure in the Nikkei 225, now down by
By FXStreet Analysts at Deutsche Bank explained that the valuation differentials across the dollar bloc are at all-time highs. Key Quotes: “The Antipodes are 15% too expensive on
By FXStreet Analysts at Westpac explained that the USD/JPY remained heavy amid equity weakness, the yen showing its safe haven status once again. Key Quotes: “The pair slipped
By FXStreet NZD/USD was making a modest recovery overnight on the GDT price index that arrived as +2.1% vs -2.9% prior with the average auction price arriving as
By FXStreet Analysts at Westpac noted the price action in the antipodeans overnight. Key Quotes: “AUD/USD had initially bounced to 0.7632 on the RBA’s steady cash rate but
By FXStreet AUD/USD was sold-off further overnight in the US shift due to a poor performance on Wall Street and in a continuation of the long covering witnessed
