USD/CNH: Downside pressure gathers traction – UOB
According to FX Strategists at UOB Group, USD/CNH could be headed for 6.4300 in case
EUR/CHF: Subdued US real rates trim upside potential to 1.11 – Danske Bank
EUR/CHF has continued to edge lower now trading below 1.09 as US real rates have
China: GDP still expected to expand more than 9% in 2022 – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest set of Chinese data
South Korea: BoK could hike rates in October – UOB
According to the latest BoK event, the central bank could start normalizing its monetary policy
Canada: ADP Employment decreases by 294,200 in June
ADP Employment Change in Canada arrived at -294.2K in June. USD/CAD preserves bullish momentum after
AUD/USD slides further below mid-0.7400s, fresh session lows post-US data
A combination of factors prompted some fresh selling around AUD/USD on Thursday. COVID-19 jitters, softer
US: Industrial Production expands by 0.4% in June vs. 0.7% expected
Industrial Production in US grew at a softer pace than expected in June. US Dollar
RBNZ Core Inflation Model rises by 2.2% QoQ in Q2 2022, Kiwi revisits highs
The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the second
EUR/USD remains under pressure around 1.1800
EUR/USD stays well on the defensive near 1.1800. The rebound in the dollar puts the
USD/CAD remains depressed below 1.2600 mark, downside seems limited
USD/CAD edged lower on Friday and eroded a part of the overnight gains to multi-month