WTI (West Texas Intermediate) Crude Oil edges lower on Monday, trimming earlier gains after a brief rebound from last week’s three-month low.
Instead of continuing to rise, New Zealand Dollar (NZD) is more likely to range trade between 0.5855 and 0.5915. In the longer run, for a continued rise, NZD must first close above 0.5930, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
The British Pound attempted to appreciate against a weaker Yen in the early morning trade, but sellers appeared at the 200.30 area, sending the pair 0.15% lower to the mid-range of the 199.00s.The Japanese Yen depreciated across the board in early trading as investors reacted to the announcement of