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British Pound remains weaker as UK-US yields narrow, US Dollar strengthens
GBP/USD extends its losses for the second consecutive day, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the British Pound (GBP) softens even as United Kingdom (UK) political risk fades.
New Zealand Dollar hangs near weekly low after China's trade data as USD bulls await NFP
The NZD/USD pair sticks to a negative bias for the second consecutive day and trades near the lower end of its weekly range, around the 0.5865 region, during the Asian session on Friday.
Indonesia Foreign Reserves fell from previous $145.6 to $145.3 in July
Indonesia Foreign Reserves fell from previous $145.6 to $145.3 in July
China Trade Balance CNY came in at 767.07B, above expectations (740B) in July
China Trade Balance CNY came in at 767.07B, above expectations (740B) in July
China Exports (YoY) CNY down to 17.8% in July from previous 20.8%
China Exports (YoY) CNY down to 17.8% in July from previous 20.8%
China’s July Trade Balance: Surplus widens more than expected to $112.5 billion
China's Trade Balance for July, in US Dollar (USD) terms, arrives at $112.5 billion, higher than the $107.0 billion expected, but lower than the prior release of 125.62 billion.
China Exports (YoY) came in at 23.9%, above expectations (22.2%) in July
China Exports (YoY) came in at 23.9%, above expectations (22.2%) in July
China Imports (YoY) registered at 27.5%, below expectations (27.9%) in July
China Imports (YoY) registered at 27.5%, below expectations (27.9%) in July
China Exports (YoY) CNY increased to 23.9% in July from previous 20.8%
China Exports (YoY) CNY increased to 23.9% in July from previous 20.8%
China Trade Balance USD registered at $112.5B above expectations ($107B) in July
China Trade Balance USD registered at $112.5B above expectations ($107B) in July
China Trade Balance CNY registered at 767B above expectations (740B) in July
China Trade Balance CNY registered at 767B above expectations (740B) in July
Australian Dollar bulls remains on the sidelines as Iran risks support USD ahead of US NFP
The AUD/USD pair steadies around the 0.7030-0.7025 region during the Asian session on Friday as traders opt to wait for the release of the closely watched US monthly employment details before placing fresh directional bets.
Euro weakens against US Dollar amid Middle East tensions
EUR/USD extends its losses for the second consecutive day, trading around 1.1520 during the Asian hours on Friday. The currency pair faces downward pressure as the US Dollar (USD) gains strength, propelled by renewed safe-haven demand among global investors.