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Markets
USD/CNH extends decline as CNY fix hits 14-month low – OCBC
USD/CNH continues to drift lower amid a softer US Dollar (USD) and another strong CNY fix, with the PBoC guiding the RMB along a controlled appreciation path. USD/CNH last seen at…
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Extends losing streak for fourth trading day
The USD/CAD pair extends its losing streak for the fourth trading day on Friday. The Loonie pair trades 0.1% lower to near 1.3750 during the European trading hours. The pair is…
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Indian Rupee hits record low on absence of US-India trade deal breakthrough
The Indian Rupee (INR) extends its decline against the US Dollar (USD) on Friday, with the USD/INR pair hitting fresh all-time highs at 90.86. The Indian currency continues to…
UK GDP unexpectedly falls by 0.1% MoM in October vs. +0.1% expected
The UK economy remained in contraction in October, with the Gross Domestic Product (GDP) declining by 0.1% following a 0.1% drop reported in September, the latest data published by…
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Gathers strength above 182.50 with bullish RSI momentum
The EUR/JPY cross posts modest gains near 182.75 during the early European session on Friday. The Japanese Yen (JPY) softens against the Euro (EUR) as traders remain worried about…
Gold price in Philippines: Rates on December 12
Gold prices fell in Philippines on Friday, according to data compiled by FXStreet.The price for Gold stood at 8,103.85 Philippine Pesos (PHP) per gram, down compared with the PHP…
US Dollar Index struggles above 98 as investors expect more rate cuts in 2026 than Fed
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, seems vulnerable near its fresh seven-week low of 98.13 posted on Thursday. The US…