Markets World Tech USA · World
Markets
Loading…
Live feed

Home / FX

FX

Federal Reserve: Prolonged pause with hike risks – UOB

UOB strategists observe that the Federal Open Market Committee (FOMC) kept the Fed Funds Target Rate at 3.50%–3.75% for a fifth meeting, with a 9–3 split as three presidents sought a 25 bps hike. Their base case is an e…

Swiss Franc holds losses following weaker Real Retail Sales

USD/CHF gains ground after two days of losses, trading around 0.8070 during the Asian hours on Friday. The pair appreciates as the Swiss Franc (CHF) remains subdued following the release of Swiss Real Retail Sales data,…

Japanese Yen weakens as Bank of Japan holds rates at 1%

USD/JPY rises after two days of losses, trading around 160.80 during the Asian hours on Friday. The currency pair continues to appreciate as the Japanese Yen (JPY) weakens following the Bank of Japan’s (BoJ) decision to…

Chinese Yuan: Gradual gains versus US Dollar – Commerzbank

Commerzbank FX & Commodity Analyst Volkmar Baur argues that China’s large trade surplus, driven increasingly by green technology exports, is supporting a stronger Chinese Yuan. The bank expects USD/CNY to remain in a 6.…

China: Incremental support and trade risks – TD Securities

TD Securities’ Senior Asia Economist Alex Loo assesses the July Politburo meeting, noting no major new stimulus despite acknowledged growth challenges. The focus is on fiscal execution, accelerating spending and bond us…

Japan’s Mimura: Always prepared to take suitable measures

Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he is in close contact with relevant authorities on foreign exchange, adding that the offici…