TD Securities analysts characterize the upcoming September FOMC minutes as largely outdated given subsequent employment and PCE data. The minutes are expected to show disagreement over how much further tightening is nee…
Read more →USD/JPY trades around 157.65 on Friday at the time of writing, down 0.28% on the day. The pair briefly dropped to 156.95 following the release of the United States (US) employment report before erasing the entire move a…
Read more →Royal Bank of Canada analysts review Canada’s September labour report, the first full dataset since U.S. Section 338 tariffs took effect. They estimate around 0.4% of Canada’s GDP and employment is tied to tariff-listed…
Read more →MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight that Asia FX will be driven by the Reserve Bank of India’s (RBI) finely balanced decision on 7 October. They expect RBI to keep rates on hold but…
Read more →The Pound Sterling (GBP) registers modest gains on Tuesday after Iran's IRGC threatened to attack US companies as of April 1, turning the market mood sour, while the US Dollar (USD) trimmed some of its earlier losses. N…
Read more →The Euro (EUR) reverses previous daily gains against the British Pound (GBP) on Friday, diving to fresh two-and-a-half-month lows just above 0.8500, and is set to show a more than 1% weekly decline. A toxic mix of surgi…
Read more →The Australian Dollar (AUD) is 0.17% higher at around 0.6640 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair gains as the Australian Dollar rises despite experts doubting about…
Read more →The Swiss Franc (CHF) is emerging as a safe haven amid the global government bonds sell-off, showing a surprising comeback against an otherwise firm US Dollar (USD) this week, as Switzerland's sound fiscal position stan…
Read more →Brown Brothers Harriman’s Elias Haddad reports EUR/USD has slightly recovered after hitting fresh cyclical lows, with support at 1.1200 and 1.1111.
Read more →The Euro (EUR) trades lower against its major currency peers due to mounting fiscal worries in France. In the European trade, the major currency is down 0.35% at around 177.00 against the Japanese Yen (JPY).
Read more →Brown Brothers Harriman’s (BBH) Elias Haddad warns France’s budget crisis is deepening and complicating Eurozone fiscal dynamics. A minority government’s deficit-reduction plan faces parliamentary hurdles, while the fis…
Read more →Nordea’s Global Macro team of Tuuli Koivu, Jan von Gerich and Anders Svendsen note Euro-area inflation accelerated in September, driven mainly by energy and food.
Read more →The United States (US) Bureau of Labor Statistics (BLS) is set to release September Nonfarm Payrolls (NFP) data on Friday at 12:30 GMT.
Read more →The Euro (EUR) edges lower against the British Pound (GBP) on Friday, set to complete its worst weekly performance in four months with a 1% sell-off, hammered by high Oil prices and mounting concerns about France’s fisc…
Read more →The US Dollar (USD) trades marginally lower on Friday ahead of the United States (US) Nonfarm Payrolls (NFP) data for September at 12:30 GMT. In the early European trade, the US Dollar Index (DXY), which gauges the Gree…
Read more →USD/JPY declines after two days of gains, trading around 157.90 during Asian hours on Friday. The Japanese Yen (JPY) gained momentum following stronger-than-expected inflation data from Tokyo, putting downward pressure …
Read more →The NZD/USD pair recovers some lost ground to near 0.5610, snapping the three-day losing streak during the early European session on Friday. However, the potential upside for the pair might be limited, as rising US Trea…
Read more →USD/CAD loses ground for the second successive day, trading around 1.4210 during Asian hours on Friday. The technical analysis of the daily chart indicates that the price is positioned slightly below the top trendline o…
Read more →West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers during the Asian session on Friday, snapping a two-day winning streak and stalling the previous day's recovery from the vicinity o…
Read more →Gold (XAU/USD) extends its sideways move on Friday, trading below the $4,200 mark heading into the European session as traders await the release of US employment details. The US Nonfarm Payrolls (NFP) report is expected…
Read more →The EUR/USD pair declines to around 1.1235 during the Asian trading hours on Friday. The Euro (EUR) extends its downside on French fiscal concerns. The US jobs report for September will take center stage later on Friday.
Read more →Japanese Finance Minister (FM) Satsuki Katayama said on Friday that she will beef up efforts to promote the Japanese version of the doge review of subsidies and funds, adding that there are about 200 existing funds, wor…
Read more →Silver price (XAG/USD) loses ground after registering gains the previous day, trading around $60.30 per troy ounce during Asian hours on Friday. Silver price retreats as rising crude oil costs, driven by fears of a dete…
Read more →The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday. The Index remain…
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