Key Takeaways: 
Standard Chartered has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week 
The suspension is due to "commercial reasons" as explained by the London-headquartered bank 
The move comes amid Beijing’s efforts to stem capital outflows as weaker yuan and a slowing … Read more
Key Takeaways 
Dollar is experiencing its largest two-day decline since 2009 
Rate outlook is shifting, impacting the value of the dollar 
Global economic factors are influencing the forex market 
Other currencies may be gaining strength relative to the dollar during this period 
The dollar was mostly lower on Monday … Read more
Key Takeaways Reserve Bank of India (RBI) has allowed banks to resume arbitrage trading upon their requests. Arbitrage trading enables investors to profit from price differences in securities across markets. RBI had informally prohibited dollar/rupee arbitrage trading in August 2023 to prevent the rupee from hitting record lows. Banks’ arbitrage positions … Read more
Key Takeaways: Gold is mainly traded in USD, making it less expensive for other nations when the dollar weakens Weekly US Dollar Index measures USD value compared to trading partners 
Strengthening USD due to expectations of Federal Reserve interest rate increase Weakening major currencies like Japanese yen and euro contribute to … Read more
Key Takeaways: Dollar is lower ahead of a week of important data releases on inflation and rate outlook 
Core PCE price index data is due on Thursday, with a forecasted 0.4% rise on a monthly basis 
Euro is stronger against the dollar with a focus on inflation in the euro zone … Read more
Key Takeaways: Chinese banks bought the most dollars via FX swaps from clients in January The foreign exchange purchases hit $50.9 billion, a record high 
Exporters are using FX swaps to convert overseas earnings into yuan 
The swap involves exporters giving dollars and receiving yuan Heightened interest in FX swaps … Read more
Key Takeaways: The dollar remained stable ahead of a data-heavy week that includes U.S. inflation readings and rate decisions 
Inflation figures from various regions such as the euro zone, Japan, and Australia will also be released this week ECB officials are focused on euro zone inflation, especially in the service sector and … Read more
Key Takeaways: 
Dollar gains ground ahead of busy economic data week US inflation data takes center stage with expectations of 0.4% increase Global economic releases this week include euro zone, Japan, and Australia inflation figures 
Reserve Bank of New Zealand (RBNZ) rate decision and PMI readings in China also scheduled … Read more
Key Takeaways: 
Most Asian currencies weakened while the dollar gained ground Investors are awaiting cues on interest rates and U.S. inflation Anticipation of Japanese inflation and Chinese PMI data is keeping traders on edge 
Focus is on Japanese CPI data for January 
Potential government intervention limited further losses in the … Read more
Key Takeaways: The Canadian dollar weakened against the USD this week Market drivers of loonie weakness include spreads working against the CAD 
Canadian CPI data coming in cooler than expected may lead to a Bank of Canada rate cut Scotiabank analysts expect the CAD’s linkage with stocks to soften Wells … Read more