Asia-Pacific Wrap

South Korea central bank is suspected of buying dollars to curb Wons gains Earlier South Korean finance minister spoke Earlier, the finance minister was on the wires saying: Looking at the USDKRW, the pair has seen a modest rise over the last few minutes, but remains below a topside trend line on the hourly chart below. The pair has been trending to downside since running away from its 100 and 200... Read full article Dollar higher, stocks lower and gold heading lower Stocks off to a weak start The Asian equity markets are moving lower and the US futures markets are also weaker. The weakness in equities is helping to strengthen the US dollar, and with those gains, sending gold lower. Fundamentally, the markets are concerned about the US stimulus deal. A news story that Russia and Iran were interfering in the... Read full article China's Shanghai composite index opens down -0.28% Softer tone in Asian equities In other indices:... Read full article USDCAD runs into overhead targets. Key area for buyers and sellers. MAs and 50% test the buyers will to push higher. The USDCAD is continuing the move to the upside started yesterday. Yesterday, the USDCAD pair was initially able to move to a new low going back to September 7 on the move below the October low at 1.30989. The low price reached 1.30804 before rotating back above the old October low... Read full article PBOC sets USD/CNY reference rate for today at 6.6502 (vs. yesterday's 6.6781) Central rate for onshore yuan trading for session ahead set by the People's Bank of China The PBOC set the USD/CNY reference rate 0.6502 which is lower than the fix at 6.6781 yesterday.... Read full article Read The Full Feed Latest Forex Orders Dollar comes up for air after the London fix Some dip buying The dollar is showing a slight pulse following the London fix. It's been trounced today on several fronts but it's gotten extreme on a few of them; GBP/USD in particular. Cable hasn't come down much but the good news on Brexit is all out there. For bank trade ideas, check out eFX Plus  All Forex Orders Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network

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