A chance for the British pound
Great Britain will release the level of CPI on May 22, at 11:30 MT time.
Currencies
Key information updates for profitable trading
Information is not investment advice
Weaker risk sentiment pulls the AUD to its lowest levels since January
AUD/USD continues to move within the downward channel.
Evergreen buck goes up
On Wednesday, the evergreen buck jumped, backed by comments from senior Fed officials playing down the probability of interest rate cuts, and also by a fresh round of safe-haven buying on geopolitical tensions…
Chinese Yuan is intact
On Wednesday, the Chinese yuan and the evergreen buck were nearly intact in Asia because market participants waited for further news on the China-US trade front…
Chinese Yuan rebounds
On Tuesday, the Chinese Yuan managed to rebound in Asia reacting to reports that the Asian country’s state-backed funds, dubbed the “National Team,” have pumped cash into the market in an attempt to back local stocks as well as currency…
Breaking: China will raise tariffs on the US goods on June 1
Chinese authorities plan to apply tariffs on $60 billion of US goods.
Evergreen buck reaches fresh 4-month peak
On Monday, the evergreen buck reached a four-month maximum versus the Chinese yuan, although it was lower against the Japanese yen as well as Swiss franc due to the fact that the escalating trade conflict between China and America backed bids for…
Chinese yuan weakens as risk-on sentiment fades
The trade tensions between the US and China weakened the offshore yuan.
Japanese yen tacks on
On Monday, the safe-haven yen managed to rally, while the Chinese yuan and Australian dollar tumbled right after the latest escalation in the trade conflict between China and America…
Evergreen buck rallies against Japanese yen
On Friday, the evergreen buck was generally steady versus the safe-haven Japanese currency, taking in stride the lift in American levies on China’s goods, which came into effect and waiting for the resumption of negotiations between top statesmen of the…
Evergreen buck keeps to six-week minimum vs yen
On Thursday, the evergreen buck kept to a six-week minimum against the Japanese yen due to the fact that risk aversion gripped broader financial markets against the backdrop of worries that the US-China trade war could escalate…
Will the USD be supported?
The United States will publish the level of its CPI and core CPI on May 10, at 15:30 MT time.