Silver price (XAG/USD) remains subdued for the third successive day, trading around $55.50 per troy ounce during the Asian hours on Thursday. Silver is on track to drop over 7% this week as escalating Middle East tensio…
Read more →US President Donald Trump is delivering a primetime address to the nation from the White House on Friday.
Read more →On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7934 compared to the previous day's fix of 6.7909 and 6.7734 Reuters estimate.
Read more →Japan’s Finance Minister Satsuki Katayama said on Friday that the authorities are ready to act on currency moves whenever necessary.
Read more →NZD/USD inches higher after posting minor losses in the previous day, trading around 0.5840 during the Asian hours on Friday. The currency pair remains stronger as the New Zealand Dollar (NZD) holds its ground following…
Read more →The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen oscillating in a narrow range just above the 100.50 level as traders await US President Donald Trump's speech. In the meantim…
Read more →Taco Bell has issued a statement as the fast food chain pulls certain ingredients from some locations amid the outbreak of parasitic infections causing "explosive" diarrhea across the U.S.
Read more →Federal Reserve (Fed) Vice Chair Philip Jefferson said that the current policy stance should support the job market and allow inflation to resume decline toward 2% as tariff effects and energy prices pass through, Reute…
Read more →BNY’s Geoff Yu highlights a hawkish 25bp hike by the Bank of Korea (BoK) to 2.75%, with guidance that Gross Domestic Product (GDP) and core inflation will exceed earlier forecasts. Authorities are also tightening rules …
Read more →Dollar-Yen has spent the week doing almost nothing at the most dramatic level in four decades. USD/JPY adds a tenth of one percent to hold just below 162.50, short of the cycle top printed just under 163.00, inside the …
Read more →West Texas Intermediate (WTI) Crude Oil is fading about one percent to just below $79.00 after a third consecutive failure at the $80.00 handle, where the 50-day Exponential Moving Average sits just above the figure and…
Read more →The Australian Dollar is going nowhere with great precision, with AUD/USD flat on the session and pinned to the 0.7000 handle for a fourth consecutive day. The recovery off the 0.6900 area earlier this month has run dir…
Read more →Sterling is enduring its heaviest session of the month, with GBP/USD fading around half of one percent to just below 1.3500 after the week's advance stalled short of 1.3550 for a second consecutive day. The pullback tri…
Read more →The GBP/JPY retreats some 0.34% on Thursday after the pair reached a new 18-year high of 219.62 on Wednesday. Nevertheless, at the time of writing, the cross-pair retreated to 218.80, down 0.34%, as the Yen recovers som…
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that USD/CNH downside momentum continues to build after the pair slipped to 6.7653. Intraday, there is a chance of testing major support at 6.7600 wh…
Read more →MUFG’s Lloyd Chan notes that softer US inflation data has weakened the Dollar and lowered Fed rate hike expectations, but USD/THB has still broken above 33.50. He highlights Thailand’s low carry, deteriorating terms of …
Read more →The USD/CHF reversed course, rising by over 0.40% late Thursday as the Greenback staged a recovery amid overall risk aversion, heightened tensions in the Middle East, and strong US economic data. The pair trades at 0.80…
Read more →The US Dollar Index (DXY) rises toward 100.80, gaining around 0.3% as stronger-than-expected United States labor-market data supports the Greenback. US Initial Jobless Claims fell to 208K, below expectations of 217K and…
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD downside momentum has intensified after a sharp intraday swing, with firm support highlighted at 1.2875 and 1.2860. In the near term, the pai…
Read more →The Mexican Peso depreciated by about 0.30% on Thursday as market participants turned risk-averse amid an escalation of the Middle East conflict, which has driven energy prices higher. Also, a round of positive US data …
Read more →OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNY has extended its decline on softer United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI), with firmer People's Bank of China (…
Read more →EUR/USD trades lower near the 1.1440 area on Thursday, retreating around 0.2% as the US Dollar (USD) gains support from stronger-than-expected United States (US) labor market data.
Read more →Standard Chartered analysts Christopher Graham and Carol Liao discuss how the European Union is seeking to rebalance its trade relationship with China without shutting the door on engagement. They highlight a large and …
Read more →Gold price drops over 1.80% as tensions between the US and Iran fuel fears of a possible Oil supply disruption, driving energy prices higher and potentially triggering another round of inflation. The XAU/USD trades at $…
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