The Euro (EUR) edges higher on Thursday, with the US Dollar (USD) on its back foot, as recent US inflation figures triggered a significant repricing of near-term rate hikes by the Federal Reserve (Fed). The EUR/USD pair…
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD has surged to a two‑month high, with deeply overbought conditions but scope for further gains. Intraday, upside is seen limited to a test of …
Read more →The GBP/JPY cross enters a bullish consolidation phase following the previous day's blowout rally and oscillates in a range near mid-219.00s through the early European session on Thursday. Meanwhile, the constructive fu…
Read more →According to an Iranian army spokesperson, the United States (US) continues to attack several areas, while warning that the war will spread to new arenas, the Islamic Republic News Agency (IRNA) reported. The spokespers…
Read more →The US Dollar (USD) remains under pressure as traders have repriced the Federal Reserve’s (Fed) interest rate hike expectations. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six m…
Read more →Deutsche Bank notes that softer US producer inflation prompted a dovish Fed repricing, supporting the S&P 500 near record highs. Strong BlackRock earnings and an Apple-led mega-cap rally offset semiconductor weakness, w…
Read more →Publicis' recent strong performance runs counter to a general slowdown in the advertising industry, which is seen as a bellwether for broader economic health. "Over the past 3 months, we think the macro backdrop has in …
Read more →The Bank of Japan (BoJ) quarterly survey in June showed on Thursday that 90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in the previous survey.
Read more →The price for Gold stood at 12,488.37 Indian Rupees (INR) per gram, down compared with the INR 12,573.30 it cost on Wednesday.
Read more →The EUR/USD pair holds steady above the 1.1450 level during the Asian session on Thursday and consolidates its strong gains registered over the past two days, to the highest level since June 18.
Read more →The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the…
Read more →USD/IDR gains ground after two days of losses, trading around 18,100 during the Asian hours on Thursday. The pair holds ground as the Indonesian Rupiah (IDR) faces downward pressure as surging oil import costs stretch t…
Read more →Gold (XAU/USD) attracts fresh sellers during the Asian session on Thursday and drops back closer to the previous day's swing low, around the $4,025 region in the last hour. Despite soft US Consumer Price Index (CPI) and…
Read more →Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.
Read more →USD/CHF inches lower after opening at a bullish gap, remaining in positive territory and trading around 0.8060 during the Asian hours on Thursday. The pair holds ground as the US Dollar (USD) recovers its daily losses a…
Read more →EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period E…
Read more →This is an Insight article, written by a selected contributor as part of GIR's co-published content. Read more on Insight
Read more →Kuaishou Technology Class B stock (KUAISHOU‑W, HKEX: 1024) traded slightly higher in Hong Kong on Thursday, as investors digested its strong third‑quarter results, a fresh share repurchase and ongoing optimism around it…
Read more →The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating around the 100.50 region during the Asian session on Thursday, close to the nearly four-week low touched the pr…
Read more →The USD/JPY pair loses ground to near 162.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after verbal intervention from Japanese authorities. Traders await …
Read more →Silver price (XAG/USD) extends its losses for the second successive day, trading around $57.00 per troy ounce during the Asian hours on Thursday. The price of the non-yielding white metal faces significant challenges as…
Read more →Japan’s Finance Minister Satsuki Katayama said on Thursday that the authorities are ready to take appropriate action on currency anytime as needed.
Read more →The GBP/USD pair declines to near 1.3530 during the early Asian session on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) as renewed conflict and shipping disruptions in the Strait of Hormuz have …
Read more →The USD/CAD pair is seen oscillating in a range during the Asian session on Thursday and consolidating its recent losses to a four-week low, touched the previous day. Spot prices currently trade just below mid-1.4000s, …
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