NZD/USD trades lower near the 0.5820 area on Wednesday, extending its recent pullback as the New Zealand Dollar (NZD) struggles to benefit from stronger-than-expected domestic inflation data.
DBS Group Research economist Ma Tieying analyses South Korea’s new South Korean Won (KRW) internationalisation roadmap, unveiled by the Ministry of Finance and Economy, Bank of Korea and Financial Services Commission. T…
Australia’s Unemployment Rate stayed at 4.4% in June, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of 4.4%.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2…
GBP/JPY holds firm on Wednesday, with the cross-pair trading above the 218.00 figure, as sellers seem to have the upper hand, after a break of a key support trendline, which could open the door for further losses. At th…
Commerzbank’s FX research notes USD/CNY trading around 6.77, slightly lower on the day. The combination of weaker Chinese growth and expectations of further policy easing is seen generating a modest depreciation bias fo…
USD/CHF registers solid gains on Wednesday, with buyers reclaiming the 0.8100 figure amid a trading session in which the Greenback loses ground against most G8 FX currencies but posts gains versus the safe-haven status …
EUR/JPY trades marginally higher near the 186.20 area on Wednesday as the Japanese Yen (JPY) remains under pressure near multi-decade lows. The Euro (EUR) is relatively stable as investors avoid taking large positions a…
Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions and hostilities betwe…
The European Commission has cleared Paramount and Warner Bros. Discovery’s pending $110 billion merger, subject to full compliance with commitments previously offered by the David Ellison-led media giant.
Silver (XAG/USD) trades with modest gains on Wednesday, supported by a slight pullback in the US Dollar (USD). However, the metal lacks strong upside momentum as traders weigh energy-driven inflation risks and their imp…
EUR/GBP edges higher on Wednesday as a mixed UK inflation report weighs modestly on the British Pound (GBP). At the time of writing, the cross trades around 0.8533, extending its recovery after falling to its lowest lev…
The Dow Jones Industrial Average trades near 52,400 on Wednesday, up around 200 points and on track for a second consecutive daily gain, while the S&P 500 hugs the flatline and the Nasdaq slips into the red. The index d…
The Pound Sterling holds firm during the North American session as UK inflation data dipped, easing pressure on the Bank of England to tackle higher prices, while attacks between the US and Iran don’t seem to be ending …
USD/CAD edges lower on Wednesday as a mildly softer US Dollar (USD) and rising Oil prices help the Canadian Dollar (CAD) snap a two-day losing streak. At the time of writing, the pair trades around 1.4085, down 0.16% on…
NZD/USD trades around 0.5815 on Wednesday at the time of writing, down 0.16% on the day. Despite stronger-than-expected inflation data from New Zealand, the New Zealand Dollar (NZD) remains under pressure as investors f…
Amazon.com AMZN delivered a strong operational finish to 2025, posting record quarterly revenues and accelerating cloud growth, yet the stock has struggled to build on that momentum. The company’s aggressive investment …
Standard Chartered economists Carol Liao and Shuang Ding argue that China’s July Politburo meeting will prioritise implementation of existing fiscal plans over new stimulus. They expect fiscal execution to accelerate in…
AUD/USD trades near 0.7000 on Wednesday, recovering from an intraday pullback but remaining marginally lower on the day. The pair briefly fell toward 0.6985 before rebounding, while the US Dollar Index (DXY) slipped tow…
The Japanese Yen (JPY) gives up earlier gains on Wednesday, failing to capitalize on hawkish signals from the Bank of Japan (BoJ) and a softer US Dollar (USD) as Middle East tensions keep markets on edge. At the time of…
ING analysts discuss changes to US Section 232 aluminium tariffs aimed at incentivizing domestic smelting investment. Qualifying projects can import at 25% instead of 50%, but ING stresses this is a long-term industrial…
Rabobank’s FX Strategy team reviews Bank of Japan policy, noting that the slow rate-hike pace reflects exceptional shocks such as tariffs, war and domestic political changes. Governor Ueda’s speeches emphasize continued…
TD Securities strategists expect modest US Dollar (USD) strength in Q3 2026 as positioning has room to rebuild. However, they see limited sustained upside, with the USD reverting to a traditional safe-haven profile and …