Societe Generale strategist Kiyong Seong turns tactically constructive on USD/KRW, arguing that recent Won strength has been driven by late-stage flow factors rather than fundamentals.
Read more →Scotiabank’s team notes the Pound is fractionally weaker versus the Dollar, with fundamentals less supportive as yield spreads soften. However, sentiment is improving as markets fade earlier political concerns following…
Read more →The USD/JPY advances by some 0.41%, clearing the 200-day Simple Moving Average (SMA) at 158.06, as the Greenback recovers some ground following two days of intervention in the FX markets by US and Japanese authorities.
Read more →Regression Channels Meeting Fibs: A Structured Trading FrameworkMarkets rarely announce when a long-standing trend is coming to an end. Instead, they tend to leave subtle clues that, when viewed together, can suggest th…
Read more →Scotiabank highlights that the Euro is slightly softer versus the Dollar after touching levels last seen in mid-June, with fundamentals still supportive as yield spreads turn. Spot has nearly converged with their fair v…
Read more →USD/JPY trades modestly higher near 158.20 on Thursday, extending a fourth session of Japanese Yen (JPY) softness as the pair claws back ground lost to last week's coordinated Japan-United States (US) intervention.
Read more →The Indian Rupee (INR) has found local support against the US Dollar (USD), with USD/INR easing to around 95.10 following the Reserve Bank of India’s (RBI) decision to hold its benchmark repo rate steady at 5.25% for a …
Read more →ING economists Deepali Bhargava and Lynn Song note that the Indian Rupee (INR) has given back much of its June gains as US–Iran tensions and rising Oil prices hurt sentiment. However, they remain constructive on INR, ci…
Read more →Gold (XAU/USD) has staged a dramatic rebound, surging over 4% on Wednesday to move within striking distance of the $4,300/oz threshold. This rally is being propelled by growing optimism surrounding a potential US-Iran a…
Read more →Rabobank’s Stefan Koopman analyses United Kingdom demand prospects under Prime Minister Burnham’s shift from “securonomics” to “vibonomics”. The report argues that elevated household saving and weak confidence leave sco…
Read more →The Australian Dollar (AUD) is balancing solid long-term fiscal fundamentals against near-term growth headwinds and shifting central bank expectations. While rating agency S&P has reaffirmed Australia's pristine AAA cre…
Read more →EUR/USD trades on the back foot on Thursday, snapping a two-day winning streak as the US Dollar (USD) steadies. Still, the near-term technical picture remains bullish following the late-July rebound from below 1.1400. A…
Read more →The British pound slipped against the U.S. dollar as the dollar steadied ahead of the U.S. nonfarm payrolls report due Friday, supported by safe-haven demand and a modest rebound in U.S. Treasury yields while the Bank o…
Read more →For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Unfortunately, these high ri…
Read more →Defence sector spending as a percentage of GDP has risen steadily in key economies over the past decade, with governments allocating larger budgets toward modernising military capabilities and acquiring advanced weapons…
Read more →Dow Jones futures rise 0.19% to trade around 54,600 during European hours on Thursday. Meanwhile, S&P 500 futures gain 0.09% to trade near 7,760, while Nasdaq 100 futures decline 0.35%, trading near 29,510.
Read more →ING’s FX Strategist Francesco Pesole notes improved Gulf-related risk sentiment has weighed slightly on the Dollar, but stable Federal Reserve rate expectations remain supportive. With US payrolls due tomorrow, he argue…
Read more →OCBC’s Christopher Wong and Sim Moh Siong highlight a sharp rebound in Gold as easing Middle East tensions weighed on Oil and US Treasury yields, softening the US Dollar.
Read more →United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report GBP/USD edged higher to 1.3469 after briefly touching 1.3486, with short-term momentum only slightly firmer. The pair is expected to trade in a higher 1…
Read more →The USD/CHF pair attracts some buyers near the 0.8060 region on Thursday amid a modest US Dollar (USD) uptick. Spot prices, for now, seem to have snapped a two-day losing streak and trade around the 0.8080-0.8085 region…
Read more →The Australian Dollar (AUD) posts moderate losses against the US Dollar (USD) on Thursday, retreating to the 0.7040 area from three-week highs at 0.7064 on Wednesday.
Read more →Gold (XAU/USD) surrenders intraday gains to a fresh high since June 18 – levels just above the $4,300 mark – and trades near the lower end of the daily range heading into the European session on Thursday.
Read more →The USD/CAD pair remains on the back foot during the Asian session on Thursday, with bears now awaiting a break below the 1.4000 psychological mark before positioning for an extension of the previous day's pullback from…
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