Why is Garmin stock surging today?
See how FDA guidance on wearables could impact Garmin’s fitness segment growth by modeling regulatory scenarios on TIKR for free →
Read more →Foreign Exchange
Japanese Yen: Fed risk clouds recovery against US Dollar – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses how the Federal Reserve (Fed) and Bank of Japan (BoJ) decisions could shape USD/JPY, noting that Fed Chair Warsh’s stance on forward guidance adds uncertainty. Foley …
Read more →US Dollar: Fed hold to test recent resilience – ING
ING strategists Francesco Pesole and Frantisek Taborsky expect the Federal Reserve to keep rates unchanged, with two dissenters possibly voting for a hike, limiting downside in front-end USD rates. They argue the Dollar…
Read more →Swiss Franc: Moderate pass-through weigh on CHF against Euro – Commerzbank
Commerzbank’s Michael Pfister analyses how the Swiss National Bank’s recent shift toward tolerating a weaker Swiss Franc affects inflation and EUR/CHF. Using a structural exchange rate pass-through model based on invoic…
Read more →Why is the US Dollar vulnerable when the Federal Reserve is expected to deliver a hawkish hold?
The US Dollar (USD) stands at a critical juncture as financial markets prepare for the Federal Open Market Committee's (FOMC) upcoming interest rate announcement. Following a volatile month marked by sharp swings in cru…
Read more →Australian Dollar: Pressured against US Dollar by softer CPI – Societe Generale
Societe Generale analyst highlight that AUD/USD is offered below 0.6950 after softer June Consumer Price Index (CPI), with markets scaling back expectations for an RBA hike. Technically, the pair has defended the March …
Read more →Gold struggles for direction ahead of Federal Reserve policy verdict
Gold (XAU/USD) consolidates above $4,000 on Wednesday, as price action remains choppy amid growing caution ahead of the Federal Reserve’s (Fed) monetary policy announcement, while the war in the Middle East intensifies …
Read more →EUR/USD Price Forecast: Struggling below 1.1400 with YTD lows at a short distance
The Euro (EUR) holds marginal gains against the US Dollar on Wednesday after finding some support in the mid-range of the 1.1300s earlier this week but remains unable to find acceptance above 1.1400. This leaves the EUR…
Read more →Federal Reserve: Surprise risk keeps global rates elevated – ING
ING’s Michiel Tukker expects the Federal Reserve (Fed) to keep rates on hold, even as markets price a 30% chance of a hike. He notes that any decision will move United States (US) rates and influence global curves. Tukk…
Read more →Swiss Franc remains depressed despite brightening ZEW Economic Expectations
The US Dollar (USD) holds gains near 13-month highs against the Swiss Franc (CHF), with the USD/CHF pair trading a few pips shy of 0.8200, set for a 1.3% monthly rally. Swiss ZEW Economic sentiment has shown a significa…
Read more →Equities: Record allocation sustains Dollar exposure – BNY
Geoff Yu at BNY reports that global equity allocations have reached a record share of portfolios, with United States (US) markets dominating both equity and fixed-income holdings. Yu sees recent Dollar-selling from equi…
Read more →Why is Bureau Veritas stock rising sharply today?
This Monday, March 2, the Paris Stock Exchange begins the week in a climate of strong tension. At 10:17 AM, the CAC 40 drops 1.93% to 8,415.02 points, in a session marked by a dramatic imbalance: 36 stocks are down, onl…
Read more →Australian Dollar: Softer inflation tempers rate hike odds – MUFG
MUFG’s Lee Hardman notes that the Australian Dollar, a beneficiary of AI-related demand, has weakened after another softer-than-expected Australian Consumer Price Index (CPI) release. Core inflation undershot the Reserv…
Read more →Canadian Dollar gains as oil prices rebound
USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday. The pair loses ground as the Canadian Dollar (CAD) gains on higher oil prices, which have rebounde…
Read more →US Dollar: Long positioning faces FOMC risk – DBS
DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevin Warsh. However, h…
Read more →Silver Price Forecasts: XAG/USD returns above $58.00 as US Dollar weakens
Silver (XAG/USD) shows a moderate bullish tone on Wednesday, following a two-day reversal, with price action returning to levels above the $58.00 line at the early European trading session. Precious metals are drawing s…
Read more →AUD/USD Price Forecast: Seems vulnerable near 0.6950 after soft CPI-driven breakdown
The AUD/USD pair attracts sellers for the third straight day on Wednesday and dives to an over two-week trough following the release of softer Australian consumer inflation figures. Spot prices, however, rebound a few p…
Read more →Indonesian Rupiah gains as Fed uncertainty weighs on US Dollar
USD/IDR depreciates after two days of gains, trading around 18,120 during the Asian hours on Wednesday. However, the pair has lost ground as the US Dollar (USD) struggles ahead of the Federal Reserve’s (Fed) upcoming po…
Read more →Iran's IRGC confirms striking US base in Jordan
In European trade on Wednesday, the Iranian Islamic Revolutionary Guard Corps (IRGC) announces that it fired several ballistic missiles at a United States (US) air base and the military Central Command (CENTCOM) center …
Read more →Rescuers in Japan haul survivors from collapsed mall as earthquake toll rises to 13
A 7.1-magnitude earthquake killed at least 13 people near the southern Japanese city of Kumamoto and rescuers are frantically searching for survivors trapped beneath the rubble, Prime Minister Sanae Takaichi says.
Read more →Indian Rupee fails to extend winning streak as oil prices bounce back
The Indian Rupee (INR) opens marginally lower against the US Dollar (USD) on Wednesday after a three-day winning streak. The USD/INR pair rebounds to near 95.85 as oil prices have rebounded strongly due to revived geopo…
Read more →New Zealand Dollar holds steady below 0.5900 vs USD as traders seem hesitant ahead of FOMC
The NZD/USD pair struggles to build on the overnight bounce from the 0.5860 horizontal support and seesaws between tepid gains/minor losses during the Asian session on Wednesday. Spot prices remain below the 0.5900 mark…
Read more →Gold consolidates near two-week low, holds above $4,000 as traders await FOMC decision
Gold (XAU/USD) enters a bearish consolidation phase after touching an over one-week low during the Asian session on Wednesday, though it manages to hold above the $4,000 psychological mark. A softer tone surrounding the…
Read more →India Gold price today: Gold falls, according to FXStreet data
The price for Gold stood at 12,389.67 Indian Rupees (INR) per gram, down compared with the INR 12,404.04 it cost on Tuesday.
Read more →