Finance
The US Dollar (USD) remains under pressure as traders have repriced the Federal Reserve’s (Fed) interest rate hike expectations. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six m…
Finance
Commerzbank’s Michael Pfister argues that recent Canadian labour data and the Bank of Canada’s latest decision suggest domestic monetary policy is unlikely to reverse the downtrend in USD/CAD. Markets have largely price…
Finance
Lee Hardman at MUFG highlights that the British Pound (GBP) has strengthened sharply, helped by reports that Shabana Mahmood is set to become the next UK chancellor, reinforcing expectations of “sound public finances” u…
Finance
Publicis' recent strong performance runs counter to a general slowdown in the advertising industry, which is seen as a bellwether for broader economic health. "Over the past 3 months, we think the macro backdrop has in …
Finance
Deutsche Bank notes that softer US producer inflation prompted a dovish Fed repricing, supporting the S&P 500 near record highs. Strong BlackRock earnings and an Apple-led mega-cap rally offset semiconductor weakness, w…
Finance
The Euro (EUR) edges higher on Thursday, with the US Dollar (USD) on its back foot, as recent US inflation figures triggered a significant repricing of near-term rate hikes by the Federal Reserve (Fed). The EUR/USD pair…
Finance
The GBP/JPY cross enters a bullish consolidation phase following the previous day's blowout rally and oscillates in a range near mid-219.00s through the early European session on Thursday. Meanwhile, the constructive fu…
Finance
Dow Jones futures edge lower by 0.02% to trade around 52,890 during European trading hours on Thursday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.06% and 0.24%, trading near 7,610 and 29,620, respectiv…
Finance
According to an Iranian army spokesperson, the United States (US) continues to attack several areas, while warning that the war will spread to new arenas, the Islamic Republic News Agency (IRNA) reported. The spokespers…
Finance
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD has surged to a two‑month high, with deeply overbought conditions but scope for further gains. Intraday, upside is seen limited to a test of …
Finance
The EUR/USD pair holds steady above the 1.1450 level during the Asian session on Thursday and consolidates its strong gains registered over the past two days, to the highest level since June 18.
Finance
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating around the 100.50 region during the Asian session on Thursday, close to the nearly four-week low touched the pr…
Finance
Japan’s Finance Minister Satsuki Katayama said on Thursday that the authorities are ready to take appropriate action on currency anytime as needed.
Finance
Gold (XAU/USD) attracts fresh sellers during the Asian session on Thursday and drops back closer to the previous day's swing low, around the $4,025 region in the last hour. Despite soft US Consumer Price Index (CPI) and…
Finance
The GBP/USD pair declines to near 1.3530 during the early Asian session on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) as renewed conflict and shipping disruptions in the Strait of Hormuz have …
Finance
Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.
Finance
EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period E…
Finance
USD/IDR gains ground after two days of losses, trading around 18,100 during the Asian hours on Thursday. The pair holds ground as the Indonesian Rupiah (IDR) faces downward pressure as surging oil import costs stretch t…
Finance
The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the…
Finance
The Bank of Japan (BoJ) quarterly survey in June showed on Thursday that 90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in the previous survey.
Finance
The Australian Dollar opened near 0.6975, ground higher through every session of the day, and poked above 0.7000 for the first time since mid-June before the momentum quietly left the room. The Aussie trades near 0.7005…
Finance
The Dow Jones Industrial Average dropped 337.36 points Friday, closing at 45,622.75 amid persistent worries over the U.S.-Iran conflict and a sharp rise in oil prices that heightened inflation concerns and clouded the o…
Finance
This is an Insight article, written by a selected contributor as part of GIR's co-published content. Read more on Insight
Finance
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7909 compared to the previous day's fix of 6.7910 and 6.7577 Reuters estimate.