Finance
GBP/USD edges lower after opening at a bullish gap, remaining within positive territory and trading around 1.3290 during the Asian hours on Tuesday. The currency pair is under pressure as the US Dollar (USD) stabilizes,…
Finance
The global monetary landscape has long hinged on the symbiotic relationship between oil and the US dollar, a system commonly referred to as the petrodollar regime. Since the 1970s, oil has been almost exclusively priced…
Finance
Commerzbank’s Tatha Ghose notes that NBP Governor Adam Glapinski used G20 remarks to shift towards a more neutral, flexible stance, avoiding earlier dovish hints of imminent rate cuts. With August CPI surprising hawkish…
Finance
The FX space was shaken by a sharp move in USD/JPY yesterday, which prompted intervention fears. Today’s calendar includes US ISM services. Our view remains that risks are mostly on the upside for the dollar. Czech wage…
Finance
The Indian Rupee (INR) opens strongly against the US Dollar (USD) on Thursday, extending the rally to near 94.28. The Indian currency gains significantly as a juggernaut mobilisation of foreign exchange in India through…
Finance
USD/JPY has extended its winning streak to a fifth consecutive session on Friday, advancing 0.11% to 158.55 and printing intraday highs near 158.60 as the synchronized global bond rout has reshaped every cross-rate rela…
Finance
The NZD/USD pair recovers some lost ground to near 0.5860, snapping the four-day losing streak during the early Asian session on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) following t…
Finance
US Defense Secretary Pete Hegseth is extending troop deployment timelines across the Middle East, signaling the conflict could drag into 2027, the Wall Street Journal reported on Thursday.
Finance
China's Services Purchasing Managers' Index (PMI) climbed to 51.4 in August from 50.4 in July, the latest data published by RatingDog showed on Thursday. This figure came in stronger than the market expectations of 50.6.
Finance
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7807 compared to the previous day's fix of 6.7829 and 6.7167 Reuters estimate.
Finance
The USD/CHF pair advances some 0.13% on Wednesday as the Greenback holds within familiar levels, after depreciating versus the Japanese Yen amid speculation of an intervention in the FX markets. This dragged the pair fr…
Finance
The international environment remains volatile, and the euro area – an open economy that is well integrated into global supply chains and international financial markets – could face strains ahead. While the acute risk …
Finance
Gold (XAU/USD) price rises over 1% on Wednesday as the Greenback softens amid speculation of an intervention to bolster the Japanese Yen (JPY), while US Treasury yields hold firm after weak US jobs data. At the time of …
Finance
MUFG’s Lloyd Chan remains cautious on the Indonesian Rupiah as domestic inflation accelerates and Gross Domestic Product (GDP) growth stays above 5%. The trade balance has improved slightly but remains weaker than 2025 …
Finance
The Federal Reserve (Fed) released its Beige Book on Wednesday, in which the US central bank stated that economic activity increased modestly since early July, while overall employment rose slightly. Regarding inflation…
Finance
US President Donald Trump said on Wednesday that the renewed campaign against Iran “won’t continue for too long," adding that he is prepared to launch another attack on Iran.
Finance
Commerzbank highlights that South Korea’s export boom and a large trade surplus, combined with a hawkish Bank of Korea, are supportive for the Korean Won. They argue that changing FX flow dynamics should allow more of t…
Finance
The US Dollar (USD) has traded in quite a volatile fashion on Wednesday, always amid the unabated tensions from the US-Iran crisis, speculation over another bout of FX intervention by Japanese authorities and bets for w…
Finance
West Texas Intermediate (WTI) Oil sees two-way price swings on Wednesday as escalating tensions in the Middle East keep energy markets volatile and the geopolitical risk premium elevated. At the time of writing, WTI tra…
Finance
Yen - Potential start of an Impulsive upwards moveIf the ¥ is going to go for an up move, it would be from this point (.0681 Fib of previous impulse). Would make sense with the rest of our analyses published earlier in …
Finance
TD Securities’ Ryan McKay and Bart Melek highlight that upcoming US Non-farm Payrolls (NFP) and a renewed hawkish Fed tone are critical for Gold, with prices near CTA (Commodity Trading Advisors) selling thresholds arou…
Finance
USD/CAD falls to around 1.3875 on Wednesday, down 0.15% on the day, following the Bank of Canada’s (BoC) monetary policy decision. The Canadian Dollar (CAD) strengthens against the US Dollar (USD) after the central bank…
Finance
According to MUFG’s Lee Hardman, rising energy prices are pushing market expectations for further Federal Reserve tightening, with 17bps priced for the 16th September FOMC and the 2-year US Treasury yield at a year-to-d…
Finance
The Japanese Yen (JPY) outperforms its major peers on Wednesday, with USD/JPY falling nearly 0.90% on the day as hawkish Bank of Japan (BoJ) expectations support the Japanese currency. A sharp drop during American tradi…