Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the government will continue to closely communicate with the United States (US) to ensure orderly foreign exchange markets.
Read more →The NZD/USD pair gains some positive traction during the Asian session on Friday, reversing a part of the previous day's heavy losses to sub-0.5800 levels, or the lowest since late July. The upside potential, however, s…
Read more →The GBP/USD pair trades on a flat note near 1.3510 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the key US August Consumer Price Index (CPI) inflation report later on Friday.
Read more →The USD/JPY pair struggles to capitalize on the previous day's recovery momentum and edges lower during the Asian session on Friday. Spot prices currently trade below mid-154.00s, though the downside seems limited as tr…
Read more →The British Pound enters 2026 with cautious upside against the US Dollar, but conviction remains limited. Following the Federal Reserve’s December 2025 rate cut to 3.50–3.75%, consensus among major investment banks plac…
Read more →The US Dollar Index (DXY) reclaimed the 99.00 barrier and then some, rebounding firmly as the hot Producer Price Index (PPI) rose 5.4% over the year to August, hardening expectations for a Fed rate hike at next week's m…
Read more →Silver (XAG/USD) price erases Wednesday's gains and forms a bearish head-and-shoulders chart pattern on Thursday after the white metal tanks and breaks a support trendline around $64.00-$64.15, exacerbating the decline …
Read more →The New Zealand Dollar (NZD) fails to clear a confluence of key Simple Moving Averages (SMAs) and dives below 0.5800 on Thursday, printing a near two-month low of 0.5797. At the time of writing, NZD/USD is down 0.65% an…
Read more →Commerzbank notes USD/MYR has risen to 4.07, marking a fourth consecutive session of Ringgit weakness, weighed by foreign portfolio outflows from Malaysian equities. However, they stress that resilient manufacturing, fi…
Read more →West Texas Intermediate (WTI) Oil rallies nearly 5% on Thursday, climbing to its highest level since May 21 as escalating tensions in the Middle East raise fears of further disruption to already tight supplies. At the t…
Read more →According to Reuters sources, the European Central Bank (ECB) is expected to further tighten monetary policy in the months ahead and could raise rates in October.
Read more →Gold price retraces by about 0.90% on Thursday as traders price in a hawkish Federal Reserve (Fed) following the release of the US Producer Price Index (PPI) for August. The risk-off sentiment in the market is supported…
Read more →Iranian armed forces launched attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on Iran's southern coastal and eastern provinces, further straining a three-week-old ceasefire. Sep…
Read more →TD Securities economists Eli Nir and Oscar Munoz raise their August core PCE forecast after stronger PCE-relevant components in the August PPI report. They now expect core PCE at 0.24% m/m and 3.3% y/y, with headline PC…
Read more →The Australian Dollar eased against the US Dollar on Thursday, slipping back below the 0.7200 mark after touching its highest level since mid-May earlier in the week. AUD/USD trades in the 0.7160 area, lower on the day,…
Read more →Nordea analysts Jan von Gerich and Tuuli Koivu note that the European Central Bank (ECB) delivered a 25bp rate hike and signalled a bias toward further tightening as its projections show Eurozone inflation above target …
Read more →EUR/GBP trades with a modest positive bias on Thursday but stays within the narrow range that has been in place for more than a week.
Read more →Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD is holding a tight sideways range near 1.38 with no domestic data, leaving the Canadian Dollar (CAD) driven by external factors and technicals.
Read more →USD/JPY advances to around 154.15 on Thursday at the time of writing, up 0.40% on the day. The pair benefits from a rebound in the US Dollar (USD), supported by US data showing accelerating producer price pressures and …
Read more →In all the turmoil, investors now expect the European Central Bank to hike rates more than once this year at a time when the Federal Reserve is cutting. Does that really make sense? It's not unprecedented, but the bar f…
Read more →Gold (XAU/USD) trades with a downside bias on Thursday as a steady US Dollar (USD), rising US Treasury yields and Federal Reserve (Fed) rate-hike expectations weigh on the precious metal, while traders also assess the l…
Read more →The Pound Euro (GBP/EUR) exchange rate made modest gains on Tuesday, with higher oil prices and fresh Eurozone inflation data prompting markets to reassess the outlook for monetary policy.
Read more →GBP/USD remains stronger for the fourth successive day, trading around 1.3550 during the European hours on Thursday. The pair is maintaining a modest bullish bias as it holds above both the nine- and 50-day Exponential …
Read more →The USD/JPY pair seesaws between tepid gains and minor losses through the first half of the European session on Thursday, consolidating its recent heavy losses to a nearly seven-month low, touched earlier this week. Spo…
Read more →