GBP/JPY extends its steady recovery on Tuesday and has now recouped almost all the losses triggered by the joint US-Japan intervention in late July. The intervention was aimed at curbing excessive weakness in the Japane…
Read more →ING’s Francesco Pesole highlights escalating US-Canada trade tensions, with new US tariffs on Canadian autos and parts announced for early next year. He notes both sides remain entrenched in conflict territory and argue…
Read more →USD/JPY trades around 159.30 on Tuesday at the time of writing, up 0.15% on the day. However, the pair lacks a clear short-term direction, as concerns surrounding Japan’s public finances and the interest-rate differenti…
Read more →Commerzbank’s Carsten Fritsch notes that softer-than-expected US sanctions on Iran have added to downward pressure on Oil prices despite severe disruptions to tanker traffic through the Strait of Hormuz. At the same tim…
Read more →West Texas Intermediate (WTI), futures on NYMEX, trade 3% lower at around $82.00 during the European trading session on Tuesday. The Oil price faces intense selling pressure as market experts see warning of fresh United…
Read more →Since 1979, Iran’s revolutionary regime has been the nemesis of eight American Presidents. None could tame its political furies; its covert operations, which killed more than a thousand Americans in Lebanon, Iraq, and A…
Read more →The dollar hovered near multi-month lows on Monday, with markets unsettled by the U.S. Treasury's move to boost purchases of longer-dated bonds and traders awaiting clarity on Iran sanctions and upcoming policy addresse…
Read more →The Japanese Yen (JPY) remains on the defensive against the US Dollar (USD) on Tuesday, in a low-volatility market, as investors await key data releases and the Jackson Hole symposium, due in the second half of the week…
Read more →TD Securities strategists argue that the US Dollar (USD) has re-entered a bearish regime after the Treasury buyback announcement pushed the US Dollar Index (DXY) below its 200‑day SMA. They highlight weaker US data, ris…
Read more →The Euro (EUR) trades marginally lower against the US Dollar (USD) on Tuesday, extending its corrective move from the four-day high of 1.1711 to near 1.1655 during the European trading session. The major currency pair c…
Read more →The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) in the opening session on Tuesday. The USD/INR pair ticks lower to near 95.70 as the Indian Rupee edges up amid possible Reserve Bank of India’…
Read more →USD/IDR halts its three-day losing streak, trading around 17,770 during the Asian hours on Tuesday. The pair appreciates as the Indonesian Rupiah (IDR) struggles under the weight of cautious market sentiment driven by p…
Read more →The price for Gold stood at 14,243.41 Indian Rupees (INR) per gram, down compared with the INR 14,315.82 it cost on Monday.
Read more →Gold (XAU/USD) stabilizes below $4,650 heading into the European session, stalling its intraday retracement slide from the $4,700 neighborhood, or the highest since May 14, touched earlier this Tuesday. Despite tamer Ju…
Read more →The coming decade will require technology companies to decide how nuclear fits into their energy strategies—and grapple with the obligations that follow.
Read more →FluidStack, the AI cloud startup founded in 2017 as an “Airbnb for GPUs,” is in talks to raise $1 billion at an $18 billion valuation – more than doubling its $7.5 billion valuation from just months earlier. The round, …
Read more →The Australian Dollar began the week on a lower note, trading with a 0.28% loss against the Greenback as risk appetite soured after the US Department of the Treasury imposed sanctions on Iran-linked entities. At the tim…
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a downside bias on USD/CNH after the pair dipped to 6.7180 and closed near 6.7210. Intraday, they expect any further weakness to be limited within 6.7150–…
Read more →The EUR/JPY trades horizontally on Monday as market participants remain reluctant to push the cross higher amid fears of potential intervention by Japanese authorities, even though they have remained shut following the …
Read more →The GBP/JPY consolidates near familiar levels around 217.00 on Monday, as risk aversion dominates markets, with flows moving into haven assets like the US Dollar and Gold amid uncertainty over the Middle East conflict.
Read more →OCBC’s Sim Moh Siong and Christopher Wong note that South Korean Won (KRW) has extended its rally, with USD/KRW briefly touching 1380 on exporter and corporate US Dollar (USD) selling and a softer USD backdrop. While th…
Read more →The shared currency registers minimal losses of 0.13% versus the US Dollar as EUR/USD fails to surpass 1.1700, exacerbating the drop towards the 1.1660 area, despite retaining its current neutral-to-upward bias.
Read more →The New Zealand Dollar (NZD) is holding firm against the US Dollar (USD) at the time of writing, with NZD/USD consolidating near its recent multi-month highs, just south of the 0.6000 handle. The Kiwi has barely budged …
Read more →Can Japanese Yen Futures Survive the 160 Threshold?Macroeconomic Pressures and the 160 Defense Line Japanese Yen futures are testing critical technical levels once again. Speculators are actively pushing the exchange ra…
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