USD/CNY to advance nicely through the second half of 2022 – HSBC
China’s State Council meeting on 7 July opens the door for a possible targeted RRR
USD/CNH: Upside momentum improves further – UOB
UOB Group’s FX Strategists noted USD/CNH could now advance well above the 6.5000 level in
US: Weekly Initial Jobless Claims rose to 373K vs. 350K expected
Weekly Initial Jobless Claims in the US jumped to 37K from 364K. US Dollar Index
GBP/USD stays below 1.3800 after UK GDP misses estimates with 0.8% in May
UK GDP arrived at 0.8% MoM in May vs. 1.7% expected. GBP/USD remains little changed
UK Manufacturing Production drops unexpectedly by 0.1% MoM in May
The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting
USD/JPY to plunge towards the 108.56 May low and the 107.48 April low – Commerzbank
The Japanese yen soars in risk-off trade. USD/JPY has snapped the 2021 uptrend at 110.36.
ECB’s Rehn: New inflation goal is unambiguous
The European Central Bank (ECB) Governing Council Member Olli Rehn made some comments on the new inflation
French FinMin Le Maire: ECB decisions on strategic review is great news
French Finance Minister Bruno Le Maire said on Friday, the European Central Bank’s (ECB) decision
USD/CAD consolidates above 1.2500, awaits Canadian jobs data
USD/CAD in bullish consolidation amid a rebound in the US dollar. Rising oil prices limit
Stablecoin firm Circle plans to go public through SPAC merger at $4.5 billion valuation
Cryptocurrency firm Circle announced that it will merge with blank cheque company Concord Acquisition Group to