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French Polynesia, an overseas collectivity of the French Republic, is located in the southern Pacific Ocean. It is made up of several groups of Polynesian islands, the most famous being Tahiti, Moorea, Bora Bora, and the Society Islands. These isl...
The French territory of New Caledonia is located in the southwest Pacific Ocean, about 1,200 km east of Australia and 16,000 km from France. The archipelago, which covers 18,576 km2, consists of the main island of Grande Terre, the Loyalty Islands...
The CFP franc is also referred to as the franc pacifique since it is used in the Pacific Ocean region. The initials CFP originally stood for Colonies Françaises du Pacifique (“French colonies of the Pacific”). As with the old French franc the...
Currently, the USD/XPF trades near recent highs at 104.5, holding above the 3-month average of 102.9. The pair is consolidating within its recent range, with risk sentiment acting as the dominant driver.
Currently, NZD/XPF is trading close to 30-day highs near 60.25, holding near its 3-month average within a range. The pair’s stability is supported by risk sentiment which favors cyclical currencies.
Currently, EUR/XPF is trading close to its 90-day average at 119.3, holding near recent lows within a narrow range. Risk sentiment remains the dominant driver, leading to a sideways bias.
Currently, AUD/XPF is trading close to recent highs near 72.70, holding near the 3-month average. The pair’s stability is supported by a risk-off environment, with investors favoring safe havens.