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Thai Baht: Low yields drive THB underperformance – MUFG
Lloyd Chan at MUFG argues that Thai Baht (THB) weakness, despite lower Oil prices, reflects its low-...
China Producer Price Index (YoY) came in at 2.8%, above expectations (1.5%) in April
China Producer Price Index (YoY) came in at 2.8%, above expectations (1.5%) in April
PBOC sets USD/CNY reference rate at 6.8467 vs. 6.8502 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8467 compared to Friday's fix of 6.8502 and 6.7988 Reuters estimate.
Australian Dollar remains in the negative territory ahead of China’s CPI data
AUD/USD gains ground after opening at a bearish gap but still remains in the negative territory, trading around 0.7240 during the Asian hours on Monday. Traders await China’s Consumer Price Index (CPI ...
British Pound pares intraday losses; bulls seem hesitant near 1.3600 on firmer USD
The GBP/USD pair rebounds nearly 50 pips following a bearish gap opening at the start of a new week and climbs back to the 1.3600 mark during the Asian session. However, a modest US Dollar (USD) stren ...
Gold slumps below $4,700 on Trump rejection of Iran peace proposal
Gold price (XAU/USD) falls to around $4,690 during the early Asian session on Monday. The precious metal attracts some sellers after US President Donald Trump rejected Iran’s latest peace offer to end ...
EUR/USD edges lower to near 1.1750 as Trump rejects new Iran peace offer
The EUR/USD pair loses momentum to around 1.1765 during the early Asian session on Monday. The Euro (EUR) softens against the US Dollar (USD) amid a cautious mood after US President Donald Trump and I ...
When are the CPI, PPI and how could they affect AUD/USD?
The National Bureau of Statistics of China (NBS) will publish its data for April at 01.30 GMT. The Consumer Price Index (CPI) is expected to show an increase of 0.8% YoY in April, compared to 1.0% in ...
US President Donald Trump rejects new Iran peace proposal as ‘totally unacceptable’
US President Donald Trump and Iran rejected each other’s latest peace proposals to bring an end to the war in the Middle East as the two sides struggle to maintain a fragile ceasefire, Bloomberg repor ...
China Exports (YoY) CNY climbed from previous -0.7% to 9.8% in April
China Exports (YoY) CNY climbed from previous -0.7% to 9.8% in April
China Trade Balance USD registered at $84.82B above expectations ($83.3B) in April
China Trade Balance USD registered at $84.82B above expectations ($83.3B) in April
China Exports (YoY) came in at 14.1%, above expectations (7.9%) in April
China Exports (YoY) came in at 14.1%, above expectations (7.9%) in April
China Imports (YoY) above expectations (15.2%) in April: Actual (25.3%)
China Imports (YoY) above expectations (15.2%) in April: Actual (25.3%)