Tag: weaker

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Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate

Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate

ABUJA, June 2 (Reuters) - Nigeria's central bank has sold the dollar at 645 naira at its latest auction, results showed on Friday, lower than 465 nair [...]
USD/CNH Bullish Advance Gains Pace on Stronger USD, Weaker Chinese Data

USD/CNH Bullish Advance Gains Pace on Stronger USD, Weaker Chinese Data

Bullish Bias Towards USD/CNHWeaker Chinese manufacturing data dents reopening optimismRate hike odds jump higher as debt ceiling fears ease – the inf [...]
USD/CNH Bullish Advance Gains Pace on Stronger USD, Weaker Chinese Data

USD/CNH Bullish Advance Gains Pace on Stronger USD, Weaker Chinese Data

Bullish Bias Towards USD/CNHWeaker Chinese manufacturing data dents reopening optimismRate hike odds jump higher as debt ceiling fears ease – the in [...]
G10 FX Talking: US default stands in the path to a weaker dollar

G10 FX Talking: US default stands in the path to a weaker dollar

EUR/USD: The bumpy path to a higher EUR/USD• Based on our view that the Fed tightening cycle is over and that a credit crunch makes a US recession m [...]
MUFG on the weaker data from China weighing on AUD

MUFG on the weaker data from China weighing on AUD

This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and pre [...]
Copper Prices Drop on Weaker Chinese Data, Demand Concerns

Copper Prices Drop on Weaker Chinese Data, Demand Concerns

Copper News and AnalysisSoft Chinese data and reduced copper demand brings recovery into questionTechnical levels to consider when analysing the pote [...]
Forexlive Americas FX news wrap 2 May: Weaker JOLTs and banking fear sends USD/rates lower

Forexlive Americas FX news wrap 2 May: Weaker JOLTs and banking fear sends USD/rates lower

The USD declined today following lower-than-expected JOLTS data. The job openings totals 9.595M which was less than the 9.775M last month. The number [...]
ZAR Bid on Sticky Inflation and Weaker USD

ZAR Bid on Sticky Inflation and Weaker USD

RAND ANALYSIS & TALKING POINTSWill the SARB be forced into another rate hike?Federal Reserve path forward will be crucial for SARB and ZAR.Local [...]
Australian Dollar Boosted by Solid Jobs Data and Weaker USD. Where to for AUD/USD?

Australian Dollar Boosted by Solid Jobs Data and Weaker USD. Where to for AUD/USD?

Australian Dollar, AUD/USD, US Dollar, Unemployment, US CPI, Fed – Talking PointsThe Australian Dollar nudged higher again after robust jobs numbersTh [...]
Forexlive Americas FX news wrap 5 Apr: Weaker US data starts to pile on

Forexlive Americas FX news wrap 5 Apr: Weaker US data starts to pile on

Weaker US data continued to pile on with the ADP job change coming in weaker at 145K vs 200K estimate. Later in the day the ISM services index fell to [...]
Yields move sharply lower after weaker ISM services data

Yields move sharply lower after weaker ISM services data

Yields have moved sharply lower after the weaker than expected ISM services data. Prices paid lowest since May 2020.Two year yield 3.687% -14.7 basis [...]
Will Bitcoin break above $30K? New JOLTS data, weaker dollar boost chances

Will Bitcoin break above $30K? New JOLTS data, weaker dollar boost chances

On April 4, the U.S. dollar index (DXY), which measures the greenback's performance versus the basket of six leading foreign currencies, dropped by 0. [...]
USD/JPY Weaker on Banking Worries Despite Positive Economic Data

USD/JPY Weaker on Banking Worries Despite Positive Economic Data

Daily USD/JPY Japanese Yen Surges Against the Dollar on Banking Concerns Despite Positive Economic Data Early Friday, the Japanese Yen saw a signific [...]
NZDUSD Trending Lower Amid Weaker NZD and Broken Technical Levels

NZDUSD Trending Lower Amid Weaker NZD and Broken Technical Levels

The NZD is the weakest of the major currenciesThe NZD is currently the weakest among major currencies, with the NZDUSD pair trending downwards, down [...]
GBPUSD Weaker As Market Looks To Fed, Bank of England

GBPUSD Weaker As Market Looks To Fed, Bank of England

GBPUSD Chart, Analysis, and PricesGBP/USD awaits interest rate calls from both central banksRates are expected to rise yet againWill banking stresses [...]
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