EUR/USD extends its decline on Thursday, falling to its lowest level since May 2025 and setting a fresh year-to-date low as the US Dollar (USD) remains firmly supported by elevated US Treasury yields and resilient US ec…
USD/CAD trades around 1.4240 at the time of writing on Thursday, little changed on the day with a modest 0.07% gain. The pair remains supported by the strength of the US Dollar (USD), as United States (US) Treasury yiel…
In September, the US manufacturing sector lost some momentum. Indeed, the ISM Manufacturing PMI weakened to 54.5 in September from 54.6, below analysts' prediction of 55.
Minneapolis Federal Reserve (Fed) President Neel Kashkari told Bloomberg on Thursday that if they keep raising rates, they will put different pressure on different parts of the economy, per Reuters.
The Japanese Yen (JPY) underperforms its currency peers on Thursday, with the USD/JPY pair trading 0.55% higher to near 158.40. The Japanese currency trades lower as traders trim Bank of Japan (BoJ) interest rate hike e…
The New Zealand Dollar (NZD) keeps depreciating against the US Dollar (USD) on Thursday, hammered by a perfect storm of risk aversion, high Oil prices, and escalating US Treasury yields that have boosted the Greenback a…
Brown Brothers Harriman’s Elias Haddad highlights a resilient US economy underpinning Dollar strength, with the DXY at new cyclical highs. Upward revisions to US Q2 GDP and strong Q3 estimates from the Atlanta Fed GDPNo…
Gold (XAU/USD) treads water on Thursday as a stronger US Dollar (USD) and soaring US Treasury yields limit the upside. At the time of writing, XAU/USD trades around $4,167, up 0.26% on the day, as the precious metal str…
The British Pound (GBP) heads lower against the US Dollar (USD) on Wednesday, with the GBP/USD pair hitting three-month lows just below 1.3200 ahead of the US session opening. A dismal market mood, with Brent Oil prices…
The Australian Dollar (AUD) trades higher against its risky peers, but is down versus safe-haven peers during the European trading session on Thursday.
Heritage Auctions numismatist Rene Alvarenga discovered an unannounced “July 4th” privy-mark 2026 Donald J. Trump $1 coin inside an Advanced Delivery roll, according to CAC Grading.
Following the choppy action seen on the last day of the third quarter, the US Dollar (USD) holds its ground against its rivals in the European morning on Thursday. The US economic calendar will feature weekly Initial Jo…
The Japanese Yen (JPY) heads lower against the US Dollar (USD) on Thursday as higher US Treasury yields have offset the positive impact of a hawkishly tilted Summary of Opinions by the Bank of Japan (BoJ) and soft US in…
The GBP/USD pair trades in negative territory around 1.3250 during the early European trading hours on Thursday. The British Pound (GBP) edges lower against the US Dollar (USD) amid widening monetary policy divergence b…
The Australian Dollar (AUD) is up against its major currency pairs on Thursday, but is almost flat against the US Dollar (USD) at around 0.6948 in the early European trade. The antipodean outperforms even as market expe…
USD/CHF continues its winning streak for the seventh consecutive trading day, reaching its fresh 16-month high of 0.8367 during Asian hours on Thursday. The currency pair appreciated as the Swiss Franc (CHF) lost ground…
The Indian Rupee (INR) weakens against the US Dollar (USD) on Thursday after an upside move the previous day. The Indian currency faces selling pressure as United States (US) Treasury Yields extend their rally, supporti…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – comes under some renewed selling pressure during the Asian session on Thursday, reversing the previous day's modest recovery gains. The commodity, howev…
Gold (XAU/USD) builds on the steady intraday ascent heading into the European session on Thursday and reverses the previous day's modest losses, though the upside potential seems limited. The US Dollar (USD) climbs to a…
In its Financial Stability Review (FSR) published on Thursday, the Reserve Bank of Australia (RBA) said that “households and businesses are well placed to weather a slower economy and falling house prices.”
Australia's Trade Balance narrowed to A$495M MoM in August, followed a surplus of A$1,351M in the previous reading (revised from A$1,923M), according to the latest foreign trade data published by the Australian Bureau o…
The USD/CAD pair holds steady around the 1.4235 area during the Asian session on Thursday, consolidating its recent strong gains registered over the past four weeks or so. Meanwhile, the fundamental backdrop seems tilte…
US President Donald Trump unveiled a $200 billion investment plan from South Korea, $54 billion of which is slated to go to a liquefied natural gas (LNG) project in Alaska, Reuters reported on Thursday.