USD/JPY extends its rebound on Tuesday and trades around 155.00 at the time of writing, up 0.41% on the day. The pair continues its recovery from levels below 153.00 reached last week, mainly supported by broad-based st…
Read more →UOB’s Quek Ser Leang reports USD/JPY reversed earlier downside expectations, dipping to 153.29 before surging to 154.99 and closing at 154.35. The bank now sees scope for a move above 155.00, though 155.50 is likely out…
Read more →EUR/USD remains on the back foot on Tuesday as rising US Treasury yields support the US Dollar. However, the pair lacks strong follow-through selling as traders avoid placing large bets ahead of the Federal Reserve’s (F…
Read more →TD Securities’ macro team, including Oscar Munoz and colleagues, expects the FOMC to deliver a 25bps hike, with the dot plot signaling fewer hikes than markets imply.
Read more →Deutsche Bank’s Chief UK Economist Sanjay Raja assesses latest United Kingdom (UK) labour market data as signalling a still weak backdrop, with employment struggling and vacancies falling.
Read more →Societe Generale economist Kunal Kundu notes that India’s headline Consumer Price Index (CPI) inflation rose to 4.8% year-on-year in August 2026, staying above the Reserve Bank of India ’s (RBI) 4.0% median target for a…
Read more →The Yen has finally reached the part of the rally where the easy money has probably already been made.
Read more →Silver price (XAG/USD) is marginally lower to near $63.14 during the European trading session on Tuesday. The white metal remains under pressure as investors shift their focus to the Federal Reserve’s (Fed) monetary pol…
Read more →ING strategists Warren Patterson and Ewa Manthey say Gold has slipped as higher Oil prices stoke inflation concerns and reinforce expectations of a potential Federal Reserve rate hike, lifting Treasury yields and the US…
Read more →Commerzbank’s Michael Pfister argues that rising Oil prices have sharply lifted UK rate expectations, with markets now discounting four Bank of England hikes by mid-2027 versus just over one in June. However, he highlig…
Read more →The US Dollar (USD) gathers strength to a near two-week high around 99.60 in early European trading on Tuesday as surging oil prices pushed Treasury yields to fresh peaks since 2007. US Consumer Price Index (CPI) accele…
Read more →Deutsche Bank’s Jim Reid reports that US equities weakened as AI slowdown headlines triggered a sharp selloff in semiconductor names, dragging the broader S&P 500 lower. The Philly Semiconductor Index suffered its worst…
Read more →Standard Chartered’s Chong Hoon Park and Nicholas Chia expect the Bank of Japan (BoJ) to deliver a 25bps rate hike in September but maintain a gradual normalisation path. They argue that USD/JPY is unlikely to fall on B…
Read more →The British Pound (GBP) extends losses against the US Dollar (USD) on Tuesday, with the GBP/USD pair hovering a few pips above five-week lows near 1.3465 at the London session opening times. Mixed UK employment figures …
Read more →Gold (XAU/USD) trades with a mild negative bias below the $4,300 mark heading into the European session on Tuesday and remains close to an over one-month low, which it touched the previous day. The downside, however, re…
Read more →The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7670 compared to the previous day's fix of 6.7698 and 6.7051euters estimate.
Read more →The USD/CAD pair holds steady near the 1.3900 mark during the Asian session on Tuesday, stalling the previous day's modest pullback from a nearly two-week top. Traders, however, seem hesitant to place aggressive directi…
Read more →West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $98.60 per barrel during the Asian hours on Tuesday. Crude oil prices appreciate as traders continue to navigate he…
Read more →The USD/JPY pair gains ground to near 154.55 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as traders ramp up their bets on a US interest rate hike in Septembe…
Read more →Iran's President Masoud Pezeshkian said on Monday that Tehran is not at war with Saudi Arabia. Pezeshkian added that Iran’s demands for negotiation with the United States (US) are the same as our previous demands.
Read more →Saudi Arabia's Civil Defense on Monday issued emergency alerts for the Khamis Mushait Governorate and Abha City. The officials then lifted the warnings shortly after, urging residents to continue following official inst…
Read more →Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US F…
Read more →The Aussie Dollar registered losses of over 0.73% on Monday as sentiment soured due to a fall in technology shares, along with heightened tensions in the Middle East, high energy prices, and a jump in bond yields. The A…
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