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09:46 23 May /2016 Forex

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USD/JPY: Struggle with 104.00 continues…

USD/JPY is seen making another attempt to extend its upmove well beyond 104 handle, despite broad based USD strength remaining the key theme in Asia this Monday. USD index hits 8-month topsThe recovery in the USD/JPY pair from 103

06:00 24 October /2016 Forex

EUR/USD revisits Friday’s low on broad based USD strength Omkar Godbole

Bid tone around US dollar strengthened in Asia, pushing the EUR/USD pair back to Friday’s low of 1.0859 levels.Focus on Eurozone PMIs and Fed speakPreliminary manufacturing PMI figures are due for release across the

05:46 24 October /2016 Forex

USD/CNY rises to fresh six-year high on weaker PBOC fix

Another weaken Yuan daily fix by the People’s Bank of China (PBOC) amid broad based USD strength pushed USD/CNY pair to a fresh six-year high of 6.7747 levels.PBOC set Yuan reference rate at 6.7690 vs Friday’s fix of 6.7558. The central bank

05:23 24 October /2016 Forex