United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive view on USD/SGD after the pair briefly touched 1.2991 before closing near 1.2980. They expect any intraday pullback to stay within a tight …
Read more →The EUR/USD pair elevated slightly near 1.1380 trades with mild gains on Thursday, as the US Dollar (USD) loses momentum despite a fresh batch of United States (US) economic data showing sticky inflation, stronger growt…
Read more →The Dow Jones Industrial Average (DJIA) printed a fresh intraday record near 52,650 on Thursday before easing back toward 52,200, and the temptation is to read that high as a broad vote of confidence. It was nothing of …
Read more →Silver (XAG/USD) rebounds on Thursday, trading around $58.65 at the time of writing, up 2.16% on the day. The precious metal recovers part of its steep losses from recent days, supported by a modest pullback in the US D…
Read more →TD Securities commodity strategists Ryan McKay and Bart Melek note that crude Oil flows through the Strait of Hormuz are gradually normalizing, but around 10–11m b/d of Middle East production remains offline. With US in…
Read more →The Pound Sterling (GBP) advances 0.22% against the US Dollar (USD) on Thursday, even though the US economy grew faster than previously reported in Q1, while inflation readings suggest the Federal Reserve (Fed) needs to…
Read more →UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Bank of Thailand (BoT) kept its policy rate at 1.00% and is expected to hold this level through 2027. They stress that Thailand’s recovery is narro…
Read more →Gold (XAU/USD) shows signs of stabilization on Thursday as traders digest the latest US Personal Consumption Expenditures (PCE) Price Index, which came broadly in line with market expectations. At the time of writing, X…
Read more →USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JPY) remains pinned n…
Read more →MUFG highlights that strong earnings guidance from Micron Technology, a key AI memory supplier, has boosted sentiment in AI and tech stocks. Revenue guidance far exceeded expectations and new strategic agreements suppor…
Read more →TD Securities strategists note the Bank of Canada’s (BoC) June Summary of Deliberations maintained its recent balancing act between higher Oil price spillover risks and domestic softness. Policymakers downplayed the Q1 …
Read more →The AUD/USD pair trades muted near the 0.6900 area on Thursday, with the Aussie struggling to gain amid a pullback in the US Dollar (USD) as investors digested the latest United States (US) inflation figures and fresh g…
Read more →Scotiabank strategists Shaun Osborne and Eric Theoret report USD/JPY is steady ahead of Tokyo Consumer Price Index (CPI), where consensus expects a pickup in both headline and core inflation into the mid-to-upper 1% ran…
Read more →USD/CAD trades around 1.4205 on Thursday at the time of writing, down 0.21% on the day after recently reaching its highest level in 14 months. The pair is correcting lower as the Canadian Dollar (CAD) benefits from a mo…
Read more →Commerzbank’s Bernd Weidensteiner and Christoph Balz describe the United States as a long‑term growth success, driven by population gains, immigration and productivity, but now facing a serious challenge from China. The…
Read more →EUR/USD recovers from intraday lows on Thursday as traders digest a heavy batch of US economic data. At the time of writing, the pair trades around 1.1362, staging a rebound from thirteen-month lows reached on Wednesday.
Read more →ABN AMRO strategist Georgette Boele notes that recent Dollar strength has been driven mainly by a reassessment of the Federal Reserve outlook, with markets now pricing in rate hikes into 2026. She argues this repricing …
Read more →MUFG’s Lloyd Chan reports broad Asia FX weakness versus the Dollar, with the Thai Baht underperforming. The Bank of Thailand has kept its policy rate at 1% as growth remains low and uneven and credit conditions soft. MU…
Read more →The USD/JPY pair trades on a flat note near a multi-decade high of around 161.75 during the early Asian trading hours on Thursday. The potential upside for the pair might be limited amid heavy speculation of imminent cu…
Read more →The EUR/USD pair declines to around 1.1355 during the early Asian trading hours on Thursday. The Euro (EUR) weakens to its lowest level since June 2025 against the US Dollar (USD) as traders increase their bets on US in…
Read more →Gold price (XAU/USD) tumbles to around $3,995 during the early Asian session on Thursday. The precious metal extends the decline to below the $4,000 psychological level for the first time since November 2025 on the pros…
Read more →The Euro retreated on Wednesday against the Japanese Yen, down 0.08% amid growing speculation that Japanese authorities may intervene in the foreign exchange markets and also inflation in the producer side in Japan, exc…
Read more →GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out of road. Cable drifted lower through the session to a low just under 1.3150 before clawin…
Read more →USD/JPY spent Wednesday grinding higher again, which by rights should not be happening. The Bank of Japan (BoJ) raised its policy rate only last week, and a hike is meant to put a floor under a currency, not watch it sl…
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