Market Fundamentals: The spot price maintains positive traction around the 0.5600 mark during Asian trading hours, supported by the People’s Bank of China’s (PBOC) decision to keep its Loan Prime Rates (LPRs) unchanged. Investors remain cautious...
Market Fundamentals: Investors are closely monitoring upcoming US inflation data and Australian employment figures, both of which are expected to influence the Australian Dollar’s trajectory in the coming days. The market remains under selling...
Market Fundamentals: Japan’s third-quarter GDP was revised upward to 0.3% growth from the previously estimated 0.2%, while the annual expansion stood at 1.2%, exceeding the prior forecast of 0.9%. Despite this improvement, the economy experienced a...
Where Have Dollar Buyers Gone? Yesterday, President Donald Trump's statements about new trade tariffs were largely ignored by dollar buyers. However, risk-asset sellers were also notably absent. During his speech, Trump announced that he would...
The NZD/CAD currency pair remains a subject of keen interest among traders due to its fluctuating price action around significant technical levels. The pivot point at 0.8095 serves as a crucial reference for market participants, dictating the...