State-owned Chinese banks seen selling US dollars in onshore spot fx market - Reuters

Reuters reports that major state-owned Chinese banks are seen selling the US dollars in onshore spot forex market at around 6.97 Yuan/USD in an attempt to stem the Yuan decline.

Nov 13, 2018

EUR/JPY Technical Analysis: Eyes corrective rally on oversold conditions

Hourly chart The RSI was at its lowest since Aug. 10 a few minutes before press time, meaning the pair was most oversold in three months. As of w

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Nov 13, 2018

NZD/USD looking to carry a bounce from 0.6700

The NZD/USD is taking a bounce from the 0.6700 level into 0.6725 in early Tuesday action, but a rough chop on the hourly candles sees the Kiwi continu

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