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The People's Bank of China set the onshore Yuan (CNY) reference rate for the trading session aheadUSDCNY is the onshore yuan. It permitted to trade plus or -2% from this daily reference rateCNH is […]

After rebounding after the US election last week, and approaching the AUDUSDs 100 day MA, buyers turned to sellers and have pushed the price lower ever since. For this week, each of the days have […]

The PBOC is expected to set the Yuan the point at 7.2482 per USD according to Reuter esimate. Yesterday they set the reference rates at 7.1966 This article was written by Greg […]

Japan's Nikkei 225 index is opening up 0.55% at 38749.56.For the trading week, the Nikkei 225 index is down -1.75% after rising 3.8% last week This article was written by Greg […]

Prior month 0.7%GDP QoQ 3Q 0.2% vs 0.2% estimateGDP Annualized 0.9% vs 0.7% estimateAnnualize last quarter 2.9%Capital expenditures -0.2% versus -0.2% expected. Previous quarter +0.8%.Private […]

Chinese Pres Xi to push for open Asian Pacific economy. Later today (and p.m. ET).New home prices will be released (-0.7% last month)Industrial Production 5.5% est. vs 5.4% last monthRetail Sales YoY […]

Australia's ASI's 200 is higher by 0.1% in early trading. A modest increase to start the new trading day.As we head into the last day of trading for the week, the index is down -0.9%. That comes […]

The USDJPY moved above a swing area yesterday between 154.54 and 155.21 and also above a upside trendline. The break was more bullish. When the price modestly corrected into the first few hours of […]

The EURUSD fell to new low in 2024 and low going back to October 2023 in trading yesterday. The low price reached to 1.0495. That low got within 12 pips of the low swing area target at 1.0483 (see […]

In more geopolitical news:Meeting: Elon Musk met with Iran’s U.N. Ambassador Amir Saeid Iravani in New York to discuss defusing U.S.-Iran tensions.Session Details: The meeting lasted over an hour, […]