Japan Markit Services PMI registered at 51.8, below expectations (52.3) in July

Aug 5, 2019

USD/CNH rises above the symbolic level of 7.00

USD/CNH jumped above 7.00 soon before press time and hit a high of 7.0436. The offshore Yuan (CNH) is taking a beating on escalating trade tensions. T

NZD/USD technical analysis: 0.6500 flashes on sellers’ radar

In addition to a two-day long descending trend-line, the NZD/USD pair’s sustained trading below another resistance-line also portrays the quote's weakness.