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NZD/USD trades lower near the 0.5820 area on Wednesday, extending its recent pullback as the New Zealand Dollar (NZD) struggles to benefit from stronger-than-expected domestic inflation data.
Speculation that Elon Musk could combine privately held SpaceX with Tesla (TSLA) within a decade puts the odds at over 50%.
Iran’s Foreign Minister Abbas Araghchi said that Tehran would respond in kind to any attack on its infrastructure after US President Donald Trump threatened to bomb a bridge or power plant for every s…
The EUR/USD consolidates near 1.1400 late on Wednesday, up a modest 0.08%, as it consolidates, with the shared currency failing to capitalise on overall US Dollar weakness across the board.
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The Pound's week-long slide slowed to a crawl on Wednesday, and it picked an odd session to do so, because the June inflation report handed sellers their cleanest argument yet. GBP/USD tagged the 1.33…
The USD/CAD pair remains on the defensive below the 1.4100 mark during the Asian session on Thursday amid a combination of factors. However, the lack of follow-through selling warrants caution before …
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7906 compared to the previous day's fix of 6.7933 and 6.7712 Reuters estimate.
Commerzbank highlights South Korea’s exports rising over 50% year-on-year in early July, marking a seventh month of double-digit growth, driven by semiconductors and AI-related data centre demand. The…
Gold price (XAU/USD) trades in positive territory around $4,125 during the early Asian session on Thursday. The precious metal extends its recovery as ongoing geopolitical uncertainties continue to un…
Commerzbank’s FX research notes USD/CNY trading around 6.77, slightly lower on the day. The combination of weaker Chinese growth and expectations of further policy easing is seen generating a modest d…
Australia’s Unemployment Rate stayed at 4.4% in June, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensu…
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating in the near term after recent downside moves. Their 24-hour view expects the Dollar to trade between 6.7635…
EUR/JPY trades marginally higher near the 186.20 area on Wednesday as the Japanese Yen (JPY) remains under pressure near multi-decade lows. The Euro (EUR) is relatively stable as investors avoid takin…
USD/CHF registers solid gains on Wednesday, with buyers reclaiming the 0.8100 figure amid a trading session in which the Greenback loses ground against most G8 FX currencies but posts gains versus the…
DBS Group Research economist Ma Tieying analyses South Korea’s new South Korean Won (KRW) internationalisation roadmap, unveiled by the Ministry of Finance and Economy, Bank of Korea and Financial Ser…
The Dow Jones Industrial Average trades near 52,400 on Wednesday, up around 200 points and on track for a second consecutive daily gain, while the S&P 500 hugs the flatline and the Nasdaq slips into t…
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation bet…
The European Commission has cleared Paramount and Warner Bros. Discovery’s pending $110 billion merger, subject to full compliance with commitments previously offered by the David Ellison-led media gi…
Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions an…
Standard Chartered economists Carol Liao and Shuang Ding argue that China’s July Politburo meeting will prioritise implementation of existing fiscal plans over new stimulus. They expect fiscal executi…
GBP/JPY holds firm on Wednesday, with the cross-pair trading above the 218.00 figure, as sellers seem to have the upper hand, after a break of a key support trendline, which could open the door for fu…
EUR/GBP edges higher on Wednesday as a mixed UK inflation report weighs modestly on the British Pound (GBP). At the time of writing, the cross trades around 0.8533, extending its recovery after fallin…
The Japanese Yen (JPY) gives up earlier gains on Wednesday, failing to capitalize on hawkish signals from the Bank of Japan (BoJ) and a softer US Dollar (USD) as Middle East tensions keep markets on e…