USD is expected to edge lower; the major support level at 7.2100 is unlikely to come under threat.
EUR/USD: EUR amounts 1.0600 12.5b 1.0760 580m 1.0900 735m 1.1000 587m GBP/USD: GBP amounts 1.2745 509m 1.3200 600m USD/JPY: USD amounts 147.00 672m 147.50 828m 149.00 1.1b AUD/USD: AUD amounts 0.6345 473m USD/CAD: USD amounts 1.4275 559m 1.4300 407m EUR/GBP: EUR amounts 0.8435 879m 0.8500 782m .
US Dollar (USD) is expected to edge higher vs Chinese Yuan (CNH); any advance is unlikely to reach 7.2650.
FX option expiries for Mar 14 NY cut at 10:00 Eastern Time via DTCC can be found below.
US Dollar (USD) is expected to trade in a range between 7.2230 and 7.2520.
FX option expiries for Mar 13 NY cut at 10:00 Eastern Time via DTCC can be found below.
BNB price rose as high as $574 on Thursday as markets reacted to news that Binance received major investments from an Abu Dhabi based firm.
As long as any recovery in US Dollar (USD) remains below 7.2500 vs Chinese Yuan (CNH), there is room for another leg lower towards 7.2200 before stabilization can be expected.
FX option expiries for Mar 12 NY cut at 10:00 Eastern Time via DTCC can be found below.
Dogecoin price reached $0.14 on Tuesday, posting 46% losses in the last 10 days.
USD is likely to trade in a 7.2400/7.2700 range vs Chinese Yuan (CNH).
FX option expiries for Mar 11 NY cut at 10:00 Eastern Time via DTCC can be found below.
Further sideways trading seems likely; probably between 7.2300 and 7.2530.
USD/CNH rallied overnight by roughly 0.45% towards 7.2700, BBH FX analysts report.
After a week when FX markets were very much dominated by events in Europe, focus this weeks shift to China.
FX option expiries for Mar 10 NY cut at 10:00 Eastern Time via DTCC can be found below.
US Dollar (USD) is likely to trade sideways between 7.2300 and 7.2600 vs Chinese Yuan (CNH).
US Dollar (USD) could decline gradually vs Chinese Yuan (CNH); it does not appear to have enough momentum to break below 7.2260.
FX option expiries for Mar 6 NY cut at 10:00 Eastern Time via DTCC can be found below.
Hedera (HBAR) price rose 20% to hit $0.24 on Wednesday after Nasdaq filed to list Grayscale’s spot HBAR ETF.
Arbitrum price rose 10% on Wednesday, as Bitcoin led the market recovery on news that President Trump could roll back tariffs imposed on Canada and Mexico this week.
Solana price stagnated below $150 on Wednesday, despite a positive uptick in market sentiment.
USD/CNH is consolidating near recent lows around 7.2600. China boosts fiscal spending.
Further US Dollar (USD) weakness vs Chinese Yuan (CNH) is not ruled out, but any decline is likely part of a lower range of 7.2400/7.2800.
FX option expiries for Mar 5 NY cut at 10:00 Eastern Time via DTCC can be found below.
Pound Sterling (GBP) is moderately firmer but, in the absence of any major news at home, the pound’s performance reflects broader USD weakness more than anything, Scotiabank's Chief FX Strategist Shaun Osborne notes.
The EUR is benefitting from the softer overall USD tone and market focus on the likelihood of increased European government (defence) spending to extend its recovery back through low 1.05 area where EUR gains have been capped so far this year, Scotiabank's Chief FX Strategist Shaun Osborne notes.