Independent coverage of UK markets, FCA policy and institutional trading
Gold (XAU/USD) enters a bearish consolidation phase after touching an over one-week low during the Asian session on Wednesday, though it manages to hold above the $4,000 psychological mark. A softer t…
The AUD/JPY cross extends this week's retracement slide from the 114.65 zone, or its highest level since June 3, and attracts some follow-through selling for the second straight day. The intraday decl…
AUD/USD depreciates for the second successive day, trading around 0.6970 during the Asian hours on Wednesday. The pair falls as the Australian Dollar (AUD) continues to struggle following the release …
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7899 compared to the previous day's fix of 6.7928.
The United States Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating below the 101.50 level during the Asian session as traders await the outcome of a…
This article is part of the project "The Invisible Hand of Big Tech," led by Agência Pública and El Centro Latinoamericano de Investigación Periodística (CLIP), with the participation of 15 other orga…
Commerzbank analysts highlight that the Monetary Authority of Singapore (MAS) unexpectedly tightened policy for a second straight meeting, slightly increasing the Singapore Dollar (SGD) Nominal Effect…
US Central Command: carried out precision strikes in Iraq targeting Iran-backed groups planning attacks on US forces and Saudi oil facilities.
The Euro trades just under 1.1400 on Tuesday, around 0.15% firmer, after a session that ran from a shade above 1.1350 to a fraction over 1.1400. Behind that half-cent range sits a third consecutive se…
NZD/USD trades nearly unchanged around the 0.5785 area on Tuesday, struggling to extend its earlier recovery despite a modest decline in the US Dollar (USD). The pair rebounded from recent lows but lo…
USD/MXN trades around 17.40 on Tuesday, posting modest losses for a third consecutive session. The US Dollar (USD) retains a broadly firm tone despite softer-than-expected United States (US) data, as …
USD/JPY trades slightly higher near the 163.80 area on Tuesday, remaining close to multi-decade highs as the Japanese Yen (JPY) struggles to attract demand. Softer United States (US) consumer confiden…
The Aussie trades just beneath 0.7000 on Tuesday, down around 0.25% and last in the G10 queue, after a Sydney address from the Reserve Bank of Australia's Governor gave the hike case nothing to eat. T…
The US Dollar (USD) trades slightly lower on Tuesday as investors reduce some exposure ahead of Wednesday’s Federal Reserve (Fed) monetary policy announcement. The Greenback remains close to its recen…
The Pound spends Tuesday almost perfectly still, trading just under 1.3300 with a session range under 40 pips between a floor above 1.3250 and a ceiling fractionally above 1.3300. That is a second con…
The Yen trades a fraction under 164.00 on Tuesday, marginally weaker on the day, inside a 30-pip band with a floor above 163.50 and a high a few ticks beneath the standing cycle extreme. That extreme …
The Australian Bureau of Statistics (ABS) will publish the June Consumer Price Index (CPI) on Wednesday at 01:30 GMT. The report is expected to show that inflation rose 4% from a year earlier, matchin…
DBS Group Research economist Radhika Rao analyzes Indonesia markets after Bank Indonesia Governor Perry Warjiyo’s unexpected resignation. She notes initial weakness in onshore assets as investors reas…
The Swiss Franc (CHF) steadies against the US Dollar (USD) on Tuesday as the Greenback gives up its early gains, with traders turning cautious ahead of the Federal Reserve’s (Fed) monetary policy anno…
The Greenback, when tracked by the US Dollar Index (DXY), abandons the area of monthly peaks and recedes toward the 101.30 zone on turnaround Tuesday.
BNY strategists John Velis and David Tam see elevated US supercore inflation as a key argument for further tightening but still favor a July hold. They note that core services ex shelter has run above…
Competitiveness in the global space economy should be a priority for the United States, but ineffective regulations weigh down the American commercial space industry. While last year’s executive order…
When the opportunity arose to return to the UK and lead Swiss Re’s UK&I business as CEO in January 2022, it represented a natural next step for Jason Richards (pictured). With 25 years’ experience at …
Commerzbank’s Norman Liebke reports that Silver has fallen from USD 70 to USD 57.50 per troy ounce and that the bank has lowered its forecasts, now seeing USD 67 by year-end and USD 80 by end‑2027. De…