MUFG’s Lee Hardman notes that the US Dollar (USD) has strengthened only modestly even as markets price in a Fed rate hike at this week’s FOMC meeting. Stronger US inflation and a hawkish repricing at the short end of th…
Read more →European Central Bank (ECB) Executive Board member Isabel Schnabel said recent energy-price developments have been "quite concerning" as officials consider further interest-rate increases after last week’s move, Bloombe…
Read more →The Australian Dollar (AUD) resumed its downtrend against the US Dollar (USD) on Monday, weighed by the risk-off market mood, as Oil prices consolidate above $100, and rising bets that the Federal Reserve (Fed) will hik…
Read more →Brent Oil gains on Monday and trades around $104.20 at the time of writing, up 2.49% on the day. Oil prices benefit from a renewed geopolitical risk premium as tensions in the Middle East revive concerns over potential …
Read more →According to a Reuters poll, the survey on September 9 showed that 86 of 101 economists expect the Federal Reserve (Fed) to hike interest rates by 25 basis points (bps) to 3.75%-4.00% on September 16. This is a dramatic…
Read more →US Dollar (USD) appreciates for the fourth consecutive day against the Canadian Dollar (CAD) on Monday, as rising bets of a Federal Reserve (Fed) rate hike on Wednesday offset the traditional positive impact of higher O…
Read more →Canada’s August Consumer Price Index (CPI) figures will be the focus of attention when published on Monday. Indeed, Statistics Canada data will provide markets with an update on price pressures following the Bank of Can…
Read more →The AUD/JPY cross trades on a flat note near 110.10 during the early European trading hours on Monday. The Japanese Yen (JPY) gains ground against the Australian Dollar (AUD) amid growing expectations that the Bank of J…
Read more →Gold (XAU/USD) struggles to capitalize on Friday's modest bounce from sub-$4,300 levels and oscillates in a narrow band at the start of a new week as traders await key central bank events before placing fresh directiona…
Read more →The Euro (EUR) is down 0.28% to near 1.1565 against the US Dollar (USD) during the European trading session on Monday. The major currency pair comes under pressure as traders have raised hawkish Federal Reserve (Fed) af…
Read more →EUR/JPY gains ground after registering losses in the previous day, trading around 178.30 during Asian hours on Monday. Technical analysis of the daily chart indicates the currency cross remains within the descending cha…
Read more →The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the third consecutive day and trading around 99.30 during Asian hours on Monday.
Read more →The AUD/USD pair touches a one-and-a-half-week low, around the 0.7140 region during the Asian session on Monday, though it lacks follow-through. Spot prices currently trade just above mid-0.7100s, down nearly 0.25% for …
Read more →Lime's IPO is current, but the clean version of the story is not that scooters are back. It's that the last big shared micromobility survivor still needs public-market money to prove the model works.
Read more →Yen has surged in September on expectations for an accelerated schedule of rate hikes by the BOJ
Read more →Hyundai Motor Group is pushing back the launch of its in-house autonomous driving software by roughly two years, opting to lean on Nvidia technology in the meantime as it races to close the gap with Tesla and Chinese au…
Read more →Oracle said Saturday that Executive Chair Larry Ellison has canceled a trading plan that could have sold as many as 50 million Oracle shares by Oct. 24. The company said no stock was sold under the plan and that Ellison…
Read more →A growing consumer push to buy Canadian and boycott US products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labelling and secure new sources of supply.
Read more →The global monetary landscape is experiencing unprecedented shifts as nations systematically reduce their reliance on dollar-denominated assets, a process known as de-dollarization and the rise of gold. This transformat…
Read more →As if the pandemic wasn’t warping global markets enough, China’s regulatory crackdown is suddenly adding new unpredictability. So how best to invest in these strange times?
Read more →The AUD/USD ended the day in the green but finished the week 0.45% lower amid growing bets that the Fed will raise rates next week, boosting the US Dollar. Nevertheless, on Friday, the pair traded at 0.7171, up a decent…
Read more →United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/SGD has rebounded strongly, with short-term momentum pointing higher but key resistance at 1.2705 expected to limit gains. They now see…
Read more →The USDCHF climbs over 0.40% on Friday after US consumer inflation data, coupled with Thursday's PPI, pushed investors to price in a Fed interest rate hike at next week's meeting. The pair trades at 0.8165 after rebound…
Read more →DBS Group Research expects Taiwan’s central bank to keep its policy rate unchanged on September 17, before raising it to 2.125% in December. Analysts Taimur Baig and Chang Wei Liang highlight subdued August CPI, but ant…
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