Chinese banks lift dollar deposit rates as Beijing seeks to slow yuan rally
Several Chinese banks are lifting dollar deposit rates, in some cases above US benchmarks. Bankers say the moves are attracting…
Forex Minor Pairs News
Latest news on forex minor pairs — EUR/JPY, GBP/JPY, AUD/JPY and other active currency crosses beyond the major seven pairs.
GBP/JPY Holds Neutral Bias as 213.75 Resistance Caps Rebound
ActionForex keeps a neutral initial bias on GBP/JPY for the week ahead after the pair retreated from 213.75. A break…
EUR/AUD Eyes 1.6334 Resistance After Breaching 1.6264
EUR/AUD's extended rebound and breach of 1.6264 suggest a medium term bottoming at 1.5774. The initial bias this week stays…
UBS Keeps EUR/SEK Forecasts as It Sees Krona Gaining on Lower Yields and Energy Prices
UBS Switzerland AG expects the Swedish krona to keep gaining against the euro as falling global yields and lower energy…
Riksbank raises policy rate to 2% as inflation pressures build
The Riksbank raised its policy rate by 0.25 percentage points to 2%, citing rising inflation and stronger economic activity. It…
