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Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian ...
USD/CNY is likely to fall on optimism on U.S.-China trade talks, with investors expecting some form of de-escalation in the coming months, said Goldman Sachs analysts in a commentary.
In the U.S., economic indicators remain mixed. The ISM Services PMI rose to 51.6 in April, and Nonfarm Payrolls surprised to ...
ISM Services data due today may drive near-term dollar moves. Traders brace for volatility ahead of Powell and Fed policy on ...
The dollar has begun the new week under pressure, though many financial centers are closed today. Click to read.
It was just four weeks ago that the gold price, following its furious rise to $3,167, experienced a sharp setback on April ...
Both one-week and one-month risk reversals on the Bloomberg Dollar Spot Index point to expectations of further losses in the ...
The offshore yuan strengthens against the dollar in the morning Asian session. China’s commerce ministry said earlier that it’s evaluating the possibility of discussing tariffs with the U.S. “Both ...
Bitcoin’s correlation with the Nasdaq 100 has surged to +0.70, countering decoupling claims. But with recession fears rising, analysts say BTC must hold above $91K to avoid slipping back into bearish ...
A price comparison to the dollar is what reveals Bitcoin as one of the world’s most stable and widely used currencies, at ...
US economy contracts in Q1 amid a pre-tariff implementation surge in imports. Absolute moves in financial markets relatively ...
USD/CNY slipped lower on Wednesday as tensions between the U.S. and China eased, with investors focusing on upcoming U.S.