AUD/USD remains steady after experiencing volatility, hovering around 0.6960 during Asian hours on Tuesday. The pair moves little after the Reserve Bank of Australia (RBA) published the Minutes of its September monetary…
Read more →The comments from Bank of England (BoE) Monetary Policy Committee (MPC) member Megan Greene released during the Asian trade on Tuesday signals that she is worried about second-round inflation effects coming into play if…
Read more →The International Monetary Fund (IMF) raised its 2026 global growth forecast to 3.1% from 3.0% in July, with strong AI investment offsetting the energy shock from the Middle East war. However, 2027 growth remained uncha…
Read more →The USD/JPY pair loses ground to near 158.25 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) despite softer Japanese Producer Price Index (PPI) inflation data. T…
Read more →The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asians session on Tuesday, eroding a part of the previous day's strong gains to a fresh high since April 2025…
Read more →The EUR/USD pair gains ground to near 1.1165 during the early Asian trading hours on Tuesday. Nonetheless, the potential upside for the major pair might be limited amid growing fiscal and political instability in France…
Read more →GBP/USD inches higher after posting modest losses in the previous day, trading around 1.3220 during Asian hours on Tuesday. The pair appreciated as the British Pound (GBP) gained ground following the release of British …
Read more →Every session since September 24 has bottomed within about 25 pips of 1.3200, and Monday was the 13th. GBP/USD closed near 1.3210 after a climb to just above 1.3250, made before London opened, was given back as Brent ro…
Read more →Cleveland Fed President Beth Hammack said that further tightening is needed but reiterated earlier remarks that she is open “to adjusting the pace of rate increases.”
Read more →Micron fell about 4% on Monday and the NASDAQ 100 fell with it, while the Dow Jones Industrial Average (DJIA), which holds no memory-chip maker, finished higher. The S&P 500, which holds Micron and all 30 Dow members, f…
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/CNH unexpectedly fell to 6.6919 on Friday, with downside momentum starting to build. Intraday, they see potential for a brief dip below 6.6900, provid…
Read more →Buyers are stepping in and keeping the US Dollar (USD) bid due to safe-haven demand, as the resumption of hostilities in the Middle East and strikes between Russia and Ukraine have pushed energy prices higher.
Read more →Gold (XAU/USD) price drifts lower by about 1.49% on Monday as the Greenback gains ground amid escalating hostilities in the Middle East, pushing energy prices higher and increasing the likelihood of higher interest rate…
Read more →Societe Generale strategists note that the recent USD/KRW bounce stalled around 1390 and the pair is now testing the lower end of its consolidation, suggesting the broader downtrend may resume.
Read more →West Texas Intermediate (WTI) Oil reverses course on Monday and climbs to a two-week high as doubts over a Russia-Ukraine energy ceasefire and supply concerns in the Middle East keep a geopolitical premium in energy mar…
Read more →MUFG’s Lee Hardman notes the Chinese Renminbi has outperformed the Euro against the Dollar, with USD/CNY hitting a year-to-date low near 6.6900. PBoC’s lower daily fixes have supported trade‑weighted CNY gains. Growing …
Read more →Cleveland Federal Reserve (Fed) President Beth Hammack said on Monday that the neutral rate for the Fed funds “is likely higher,” that she is hearing signs of a problem with inflation expectations and that the question …
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD was little changed around 1.2800 on Friday and expect consolidation to persist. Intraday, they see the pair confined between 1.2790 and 1.2820, wi…
Read more →Cleveland Federal Reserve (Fed) President Beth Hammack said Monday that interest rates need to be higher, that inflation remains “too high”, and that more economic tightness is needed.
Read more →Rabobank's Senior FX Strategist Jane Foley discusses EUR/SEK, noting Sweden’s resilient economy, stronger-than-expected GDP and a hawkish shift at the Riksbank.
Read more →USD/JPY extends its advance on Monday, gaining 0.28% on the day to trade around 158.70 at the time of writing.
Read more →Rabobank strategist Molly Schwartz and Christian Lawrence discuss Mexico’s rates outlook after Banxico held the overnight rate at 6.50%. They note upside risks to inflation, market pricing for more than 100bp of hikes o…
Read more →NZD/USD declines by 0.23% on Monday, trading around 0.5600 at the time of writing, as the New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD). The pair approaches its lowest level in 17 months ar…
Read more →ING’s Chris Turner notes that the Dollar stays well supported as markets focus on solid US growth, above-target inflation and expectations for further Federal Reserve tightening. A potentially strong US September CPI is…
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