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6 Aug 2019

One-month HIBOR jumps 50 basis points

One-month Hong Kong Interbank Offered Rate (HIBOR) jumped 50 basis points to 2.51%.

The HIBOR is a reference rate for lenders and borrowers that participate in the Asian economy.

The USD/HKD pair is currently trading at 7.8398, representing a 0.10% drop on the day.

Aug 6, 2019

USD/JPY technical analysis: 19-week old support-line guards immediate downside

Having bounced off near-term falling support-line, the USD/JPY pair takes the bids to 106.17 during early Tuesday.

GBP/USD remains on the road to recovery, ignores no-deal Brexit concerns

GBP/USD fails to portray pessimism surrounding the no-deal Brexit as it pulls back to 1.2160 while heading into the London open on Tuesday.