Chinese Yuan: Consolidation holds upside bias against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in...
South Korea: Faster hiking path – DBS
DBS Group Research economist Ma Tieying analyzes the latest Bank of Korea (BoK) decision, noting a hawkish shift as t...
Silver Price Forecast: XAG hits fresh YTD low, bears eye $54 breakdown
Silver price recovered some ground on Friday, up 0.84%, but it is poised to finish the week down over 6.50%. At the t...
China: Stagnation to persist as growth model shifts – Commerzbank
Commerzbank’s Dr. Henry Hao argues China’s housing market remains in structural stagnation five years after the Everg...
Mexican Peso tumbles as Iran war jitters, denting Peso’s appetite
The Mexican Peso loses traction against the Greenback, dropping over 0.65% during Friday’s North American session as ...
Japanese Yen: Verbal intervention fails to move JPY against US Dollar – Scotiabank
Scotiabank’s Shaun Osborne and Eric Theoret note USD/JPY is little changed despite strong verbal intervention from Fi...
Singapore Dollar: Range trade holds near recent lows against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/SGD has stabilised after an earlier se...
Forecasting the coming week: ECB decision, UK inflation, and global PMIs to drive markets
The upcoming week will be dominated by the European Central Bank’s (ECB) interest rate decision, United Kingdom (UK) ...
Gold climbs as Iran war premium revives Fed hike risk
Gold edges higher by some 0.92% on Friday as the US-Iran conflict boosted energy prices, which ultimately drive infla...
Dow Jones Industrial Average fades its own good news as the hawks take the last word
The Dow Jones Industrial Average trades near 52,250 on Friday, down nearly 300 points late in the month's strangest s...
USD/CHF Price Forecast: Bulls pause below 0.8150 as momentum fades
USD/CHF trades with a downside bias on Friday as the Swiss Franc (CHF) outperforms its major peers, while the US Doll...
US Dollar Index holds as mixed US data limits upside
The US Dollar Index (DXY) trades nearly unchanged around 100.70 on Friday after surrendering part of its initial adva...
Euro steadies as markets weigh ECB and Fed interest rate expectations
EUR/USD trades flat on Friday as traders reassess the inflationary impact of surging Oil prices amid escalating tensi...
British Pound slips for second straight day as Oil spike revives inflation fears
The Pound Sterling retreats during the North American session, down 0.22% against the Greenback, as geopolitical tens...
WTI Oil rallies above $81 as Middle East tensions threaten global Oil supplies
West Texas Intermediate (WTI) trades around $81.10 at the time of writing on Friday, up 2.76% on the day, and is head...
Australian Dollar recovers as mixed US data weakens the US Dollar
AUD/USD trades higher near 0.6980 on Friday, recovering from an initial decline as the US Dollar (USD) loses ground f...
British Pound: Burnham policy hopes underpin Sterling against US Dollar – Scotiabank
Scotiabank’s Shaun Osborne and Eric Theoret notes GBP/USD is lower on the day and well off its one-year high reached ...
Japanese Yen struggles as higher Oil prices and a wide US-Japan rate gap weigh
USD/JPY trades flat on Friday, holding near four-decade highs as the Japanese Yen struggles to attract buyers amid pe...
Canada: Inflation divergence shapes BoC outlook – RBC
Royal Bank of Canada (RBC) economists Nathan Janzen and Abbey Xu expect Canada’s June Consumer Price Index to show he...
US Dollar: Risk-off support and DXY downside risks – Scotiabank
Scotiabank’s Shaun Osborne and Eric Theoret note the US Dollar (USD) is broadly firmer as risk aversion dominates, wi...
Swiss Franc holds gains against US Dollar as Middle East tensions outweigh upbeat US data
USD/CHF trades around 0.8070 at the time of writing on Friday, down 0.22% on the day. The pair remains under pressure...
Brent: Oil risks rise on Bab al-Mandab threat – Commerzbank
Commerzbank’s commodity team highlights renewed geopolitical risks for Oil as Iran again threatens to block the Strai...