Indian Rupee extends downtrend ahead of US CPI data
The Indian Rupee (INR) extends its downward spiral against the US Dollar (USD) for the fourth trading day on Friday, with the USD/INR pair rising to near 95.80.
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Silver Price Forecast: XAG/USD slips below $63.50 amid rising Fed rate hike odds
Silver price (XAG/USD) extends its losses for the second successive day, trading around $63.30 per troy ounce during Asian hours on Friday. Silver prices are declining as expectations grow for a Federal Reserve (Fed) ra…
Read more →BoJ sets to raise interest rates by 25 bps next week - Reuters
According to a Reuters report, sources say that the Bank of Japan (BoJ) is set to raise interest rates, most likely by 25 basis points, at the policy meeting on September 18. This move will push interest rates higher to…
Read more →Australian Dollar softens to near 0.7150, US CPI inflation data looms
The AUD/USD pair edges lower to around 0.7155 during the early Asian session on Friday. The US Dollar strengthens against the Australian Dollar (AUD) following signs of hotter inflation in the United States (US). The re…
Read more →Japan’s Katayama says to maintain close communication with US on currency markets
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the government will continue to closely communicate with the United States (US) to ensure orderly foreign exchange markets.
Read more →New Zealand Dollar recovers from six-week low vs USD; upside seems capped ahead of US CPI
The NZD/USD pair gains some positive traction during the Asian session on Friday, reversing a part of the previous day's heavy losses to sub-0.5800 levels, or the lowest since late July. The upside potential, however, s…
Read more →British Pound holds steady above 1.3500 ahead of US CPI inflation release
The GBP/USD pair trades on a flat note near 1.3510 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the key US August Consumer Price Index (CPI) inflation report later on Friday.
Read more →Japanese Yen edges higher as PPI reaffirms BoJ rate hike bets and USD bulls await US CPI
The USD/JPY pair struggles to capitalize on the previous day's recovery momentum and edges lower during the Asian session on Friday. Spot prices currently trade below mid-154.00s, though the downside seems limited as tr…
Read more →GBP/USD Faces a Policy Split as the Fed and BoE Near Key Decisions
The British Pound enters 2026 with cautious upside against the US Dollar, but conviction remains limited. Following the Federal Reserve’s December 2025 rate cut to 3.50–3.75%, consensus among major investment banks plac…
Read more →Forex Today: US Dollar rebounds on hot PPI ahead of US CPI
The US Dollar Index (DXY) reclaimed the 99.00 barrier and then some, rebounding firmly as the hot Producer Price Index (PPI) rose 5.4% over the year to August, hardening expectations for a Fed rate hike at next week's m…
Read more →Silver Price Forecast: Head-and-shoulders break puts $60 back in play
Silver (XAG/USD) price erases Wednesday's gains and forms a bearish head-and-shoulders chart pattern on Thursday after the white metal tanks and breaks a support trendline around $64.00-$64.15, exacerbating the decline …
Read more →NZD/USD Price Forecast: Kiwi breaks below 0.5800 as bears take control
The New Zealand Dollar (NZD) fails to clear a confluence of key Simple Moving Averages (SMAs) and dives below 0.5800 on Thursday, printing a near two-month low of 0.5797. At the time of writing, NZD/USD is down 0.65% an…
Read more →Malaysia Ringgit: BNM hawkish tilt limits downside – Commerzbank
Commerzbank notes USD/MYR has risen to 4.07, marking a fourth consecutive session of Ringgit weakness, weighed by foreign portfolio outflows from Malaysian equities. However, they stress that resilient manufacturing, fi…
Read more →WTI Oil nears $100 as Middle East tensions keep supply concerns elevated
West Texas Intermediate (WTI) Oil rallies nearly 5% on Thursday, climbing to its highest level since May 21 as escalating tensions in the Middle East raise fears of further disruption to already tight supplies. At the t…
Read more →ECB sources say further tightening remains likely – Reuters
According to Reuters sources, the European Central Bank (ECB) is expected to further tighten monetary policy in the months ahead and could raise rates in October.
Read more →Gold bulls blink as hot US PPI, $100 Oil send yields flying
Gold price retraces by about 0.90% on Thursday as traders price in a hawkish Federal Reserve (Fed) following the release of the US Producer Price Index (PPI) for August. The risk-off sentiment in the market is supported…
Read more →Canadian dollar edges lower as oil stays above $100, US inflation data in focus
Iranian armed forces launched attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on Iran's southern coastal and eastern provinces, further straining a three-week-old ceasefire. Sep…
Read more →United States: Higher August forecast with methodology shift – TD Securities
TD Securities economists Eli Nir and Oscar Munoz raise their August core PCE forecast after stronger PCE-relevant components in the August PPI report. They now expect core PCE at 0.24% m/m and 3.3% y/y, with headline PC…
Read more →Australian Dollar eases from four-month high
The Australian Dollar eased against the US Dollar on Thursday, slipping back below the 0.7200 mark after touching its highest level since mid-May earlier in the week. AUD/USD trades in the 0.7160 area, lower on the day,…
Read more →European Central Bank: Two more hikes remain the baseline – Nordea
Nordea analysts Jan von Gerich and Tuuli Koivu note that the European Central Bank (ECB) delivered a 25bp rate hike and signalled a bias toward further tightening as its projections show Eurozone inflation above target …
Read more →Euro gains modestly against British Pound after ECB delivers widely expected hike
EUR/GBP trades with a modest positive bias on Thursday but stays within the narrow range that has been in place for more than a week.
Read more →Canadian Dollar: Range trade with upside bias against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD is holding a tight sideways range near 1.38 with no domestic data, leaving the Canadian Dollar (CAD) driven by external factors and technicals.
Read more →Japanese Yen comes under pressure as US PPI data boost US Dollar
USD/JPY advances to around 154.15 on Thursday at the time of writing, up 0.40% on the day. The pair benefits from a rebound in the US Dollar (USD), supported by US data showing accelerating producer price pressures and …
Read more →Global bond yields rise as ECB hikes and hot U.S PPI fuels higher rate bets
In all the turmoil, investors now expect the European Central Bank to hike rates more than once this year at a time when the Federal Reserve is cutting. Does that really make sense? It's not unprecedented, but the bar f…
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