USD/CHF depreciates after posting modest gains the previous day, trading around 0.8250 during Asian hours on Tuesday. The pair loses ground as the US Dollar (USD) weakens under growing market expectations that the Feder…
Read more →Gold price (XAU/USD) declines to near $4,120 in the early European trade on Tuesday . The precious metal faces selling pressure amid a recovery in yields on United States (US) bonds and rising oil prices.
Read more →The Euro (EUR) is up 0.15% at around 1.1230 against the US Dollar (USD) during the Asian trading session on Tuesday. The major currency pair gains as the US Dollar is under pressure ahead of Meta Q3 earnings on Wednesda…
Read more →The EUR/USD pair holds positive ground near 1.1215 during the early European session on Tuesday. However, the potential upside for the pair might be limited as violent protests in France add to concerns about the countr…
Read more →The US President Donald Trump administration has not approved the transfer of interceptor missiles to Ukraine, the Washington Post reported on Monday.
Read more →Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Monday that Tehran has not yet completely closed the Strait of Hormuz and can expand the scope of the blockade to the Bab al-Mandeb Strait and the Suez Canal, Tehr…
Read more →Gold price (XAU/USD) falls to around $4,135 during the early Asian session on Tuesday. The precious metal extends its downside as US bond yields stayed elevated despite falling energy prices. Traders continue to assess …
Read more →The Australian Dollar registers two days of consecutive gains versus the US Dollar, trading at 0.6980, up more than 0.50% as risk appetite improved, while the Aussie was supported by strong data on China’s GDP and Retai…
Read more →Standard Chartered economist Hunter Chan notes that China’s Q3 GDP rose 1.2% q/q and 4.5% y/y, helped by robust exports and AI-related industrial demand, while household consumption stayed soft. The bank keeps its Q4 an…
Read more →MUFG’s Lloyd Chan highlights that the Dollar has softened after comments from Fed Chair Warsh reduced expectations of another rate hike, but still-high global yields keep the backdrop challenging for Asia FX. Indonesia’…
Read more →The AUD/JPY advances late on Monday during the North American session, up 0.88%, as the cross-pair continues to trade above the resistance trendline of a ‘falling wedge,’ a bullish chart pattern that could open the door…
Read more →On July 30, Japan’s finance ministry reportedly sold as much as $59 billion to buy the Japanese currency, then at 40-year-lows. Tokyo and Washington later confirmed they had acted together to bolster a weak yen. It was …
Read more →OCBC remains cautiously negative on the Indonesian Rupiah (IDR) after MSCI proposed reclassifying Indonesia from emerging market to standalone status, triggering sharp equity outflows and USD/IDR gains. The bank expects…
Read more →Silver (XAG/USD) drifts higher during Monday’s North American session, up 0.38% to $57.21, yet it remains near last week's low of $55.38, suggesting the white metal could be poised for a near-term bearish continuation.
Read more →United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD slipped on Friday but downside momentum remains only tentative. In the very near term, the pair is expected to stay confined betwee…
Read more →The Mexican Peso (MXN) appreciates against the US Dollar (USD) on Monday amid speculation that the interest rate differential between Mexico and the US will remain unchanged, with the Federal Reserve (Fed) projected to …
Read more →Commerzbank’s Volkmar Baur notes China’s reported 4.5% year-on-year Q3 growth, despite weak investment and flat real retail sales. He argues Beijing appears broadly satisfied and unlikely to deliver major new stimulus. …
Read more →Gold (XAU/USD) falls about 0.54% on Monday as the Greenback drifts higher and market mood shifts to neutral amid tensions in the Middle East, sparking a risein Oil prices, with West Texas Intermediate (WTI) bouncing off…
Read more →The US Dollar (USD) has managed to regain some composure, leaving behind two daily drops in a row helped by rising US Treasury yields and reignited social/political concerns in France.
Read more →NZD/USD trades with a mild positive bias on Monday as the New Zealand Dollar (NZD) benefits from improved risk sentiment. However, a rebound in US Treasury yields following last week’s pullback supports the US Dollar (U…
Read more →Anthropic has started letting outside researchers inside its own walls. The company confirmed this week that it has given six employees from METR (Model Evaluation and Threat Research) “employee-like access” to its inte…
Read more →Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is underperforming as French protests weigh on local assets and widen spreads versus Germany. However, EUR/USD technicals are described as neut…
Read more →TD Securities strategists see limited scope for a sustained Canadian Dollar (CAD) rally after softer-than-expected September inflation data, despite hawkish signals from the Bank of Canada (BoC). They expect the next Bo…
Read more →The Euro (EUR) trades on the back foot on Monday as political concerns in France weigh on the currency, helping the US Dollar (USD) pause last week’s correction. At the time of writing, EUR/USD trades around 1.1215, dow…
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