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Markets
EUR/JPY holds gains near 176.50 due to weakening safe-haven demand
EUR/JPY recovers its losses registered in the previous session, trading around 176.50 during the Asian hours on Monday. The currency cross appreciates as the Japanese Yen (JPY)…
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Japanese Yen struggles amid political uncertainty and risk-on mood
The Japanese Yen (JPY) maintains its offered tone through the Asian session on Monday amid domestic political uncertainty. This, along with the US President Donald Trump's pivot on…
Surplus narrows in September despite solid Exports
China's Trade Balance for September, in Chinese Yuan (CNY) terms, arrived at CNY645.47 billion, narrowing from the previous figure of CNY732.7 billion.Exports rose 8.4% YoY in…
AUD/USD rises toward 0.6550 ahead of China’s Trade Balance data
AUD/USD advances after registering around 1.25% losses in the previous session, trading around 0.6530 during the Asian hours on Monday. The pair lost ground due to renewed trade…
PBOC sets USD/CNY reference rate at 7.1007 vs. 7.1048 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1007 compared to Friday's fix of 7.1048 and 7.1210 Reuters estimate.…
XAU/USD rises to near $4,050 as Trump’s 100% tariffs ignite safe-haven demand
Gold price (XAU/USD) extends the rally to around $4,040 during the early Asian session on Monday. The escalating trade tensions between the United States (US) and China provide…
USD/JPY rebounds above 152.00 on political turmoil in Japan
The USD/JPY pair trades in positive territory near 152.05 during the early Asian session on Monday. The pair recovers some lost ground after facing some selling pressure in the…
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