As the Fed concluded its meeting on Wednesday, tapering has not been announced. However, it hinted that “a moderation in the pace of asset purchases” may happen soon. Powell added that tapering could ...

USD eased slightly from its one-month high as investors waiting cautiously for updates from the Fed’s meeting. Moreover, solvency uncertainty also surrounds the global financial market. Beijing so far...

Offshore Chinese Yuan (CNH) weakened by -0.17% against USD, dropping to its lowest level in a month. Investors are worried about the real estate developer Evergrande’s solvency issues. For investors o...

USD reached its three-week peak on Friday, primarily supported by the higher-than-expected retail sales data on Thursday. DXY Index is still trading above the 93-level at press time. Business sentimen...

The DXY Index was up this morning near 92.922, near its three-week high at 92.965. Currently, it has slid back to 92.823. The upward momentum was mainly brought by the promising US retail sales data. ...

GBPUSD reached the 1.3850-mark overnight, mainly fueled by the high-than-expected inflation data. August CPI surged by 3.2% on a yearly basis. The Bank of England has made the same statement as the Fe...

Asian stocks fell today as weaker-than-expected Chinese economic data have been released. Factory growth has further slowed down in August, and retail sales hit the one-year low as sporadic COVID case...

New Zealand released its ANZ Business Outlook in mid-September. Compared with the August release, the confidence index rose from -14.2 to -6.8. Although it is still in the negative region, the progres...

USD started the week on a positive note, as investors are turning to the US inflation data which will be released tomorrow. DXY Index has increased by 0.22% to 92.79. USD has also gained against EUR a...