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…
Read more →USD/CAD trims part of its earlier decline on Monday as the US Dollar (USD) regains ground after opening the week lower. The Canadian Dollar (CAD) struggles to attract buyers as differing monetary policy expectations for…
Read more →The Euro (EUR) has resumed its broader bearish trend against the British Pound (GBP) on Monday after a mild recovery attempt at the end of last week. EUR/GBP bears are testing the 16-month low of 0.8447 hit on Wednesday…
Read more →TD Securities economists Robert Both and Emma Lawrence expect the Bank of Canada (BoC) to keep the Overnight Rate at 2.25% through 2026, before lifting it back to a neutral 2.75% in 2027. They argue that, despite market…
Read more →Gold (XAU/USD) edges lower on Monday, reversing earlier gains as traders avoid taking large positions ahead of US inflation data due later this week, which could offer fresh cues on the Federal Reserve’s (Fed) next move…
Read more →The metals blinked. After spending last week holding their ground while yields surged around them, gold and silver took an aggressive tumble to open the week. Gold has now retraced almost the entire rise it built from t…
Read more →The dollar has pushed toward fresh highs because several pieces of the board have started moving in its favour at the same time: oil is higher, US equities have held up better than most, front-end rate differentials hav…
Read more →ING analysts Warren Patterson and Ewa Manthey note that Oil prices are weaker despite heightened Middle East tensions, as strong Persian Gulf flows and a US-Russia diesel deal weigh on the market. They highlight that ad…
Read more →USD/IDR gains ground after registering losses in the previous day, trading around 17,940 during European hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) struggles under the weight of Indonesia's gro…
Read more →The US Dollar (USD) trades subduedly at the start of the United States (US) Consumer Price Index (CPI) week. In the European trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currenc…
Read more →MUFG’s Lee Hardman highlights that the Euro (EUR) remains near recent lows around 1.1200 against the Dollar, pressured by fiscal and political concerns in the Euro area, especially France. IMM data show leveraged funds …
Read more →The GBP/JPY cross attracts some follow-through buyers at the start of a new week, climbing back closer to the 210.00 psychological mark during the early European session amid a combination of supporting factors. Spot pr…
Read more →The Euro (EUR) depreciates further against the British Pound (GBP) on Monday after dropping about 1.7% over the previous two weeks, as ongoing concerns about France's fiscal health keep investors on their toes. The EUR/…
Read more →Commerzbank’s Dr. Henry Hao and Charlie Lay note that the Reserve Bank of India (RBI) has unveiled a broad package of tools to stabilise the Indian Rupee (INR), including a special Dollar facility for oil importers, tig…
Read more →Gold (XAU/USD) extends its intraday retracement slide from a one-week high, hitting a fresh daily low around $4,170 during the early European session on Monday. The US Dollar (USD) attracts fresh buyers after a modest d…
Read more →The Indian Rupee (INR) trades significantly higher against the US Dollar (USD) on Monday. The USD/INR pair falls 1% to near 95.80 as the Reserve Bank of India’s (RBI) fresh measures to curb US Dollar demand have brought…
Read more →NZD/USD remains subdued for the second successive day, trading around 0.5610 during Asian hours on Monday. The currency pair depreciates as the New Zealand Dollar (NZD) struggles, with traders continuing to monitor the …
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