FX Daily: Negative USD Seasonality Starting To Show
The dollar decline is trying to gather some pace with December’s negative seasonality pairing up with poor US data and lingering USD overvaluation relative to short-term drivers.
Japanese Yen Extends The Range Play Against USD; BoJ Rate Hike Bets Favor Bulls
The Japanese Yen (JPY) extends its sideways consolidative price move against the broadly rebounding US Dollar (USD) through the early European session on Thursday amid mixed cues.
USD/CHF Edges Higher Above 0.8000 On Softer Swiss Annual Inflation Data
The USD/CHF pair trades in positive territory around 0.8010 during the early European trading hours on Thursday.
USD/INR Rallies Further Amid Continuous Outflow Of Foreign Funds From India
The Indian Rupee (INR) slumps for the seventh trading day in a row against the US Dollar (USD) on Thursday.
